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New Stablecoin Bills Are Normalizing Crypto for Advisors
Love them or hate them, stablecoins are here to stay. The GENIUS Act, signed into law earlier this month, mandates that crypto issuers back stablecoins with liquid assets, register with federal authorities and comply with anti-money-laundering laws. It represents possibly the largest step toward legitimizing crypto in the eyes of advisors, and experts say it will make more of them hop on the stablecoin train — particularly since many haven’t considered crypto for client portfolios due to their past volatility and “Wild West” status. Advisors were also hesitant to invest in crypto because some clients see it ... (full story)
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From financefeeds.com | Jul 28, 2025
Interactive Brokers is exploring the launch of its own stablecoin, joining a growing list of major financial firms moving deeper into crypto as U.S. regulators take a lighter hand with the industry. In an interview with Reuters, founder Thomas Peterffy said the company hasn’t made a final call but is considering ways to offer stablecoins to customers. The ...
The number of job openings was little changed at 7.4 million in June, the U.S. Bureau of Labor Statistics reported today. Over the month, both hires and total separations were little changed at 5.2 million and 5.1 million, respectively. Within separations, quits (3.1 million) were little changed while layoffs and discharges (1.6 million) were unchanged. This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector, by industry, and by establishment size class. Job openings include all positions that are open on the last business day of the month. Hires and separations include all changes to the payroll during the entire month. Job Openings The number and rate of job openings were little changed at 7.4 million and 4.4 percent, respectively, in June. The number of job openings decreased in accommodation and food services (-308,000), health care and social assistance (-244,000), and finance and insurance (-142,000). The number of job openings increased in retail trade (+190,000), information (+67,000), and state and local government education (+61,000). (See table 1.) Hires In June, the number and rate of hires were little changed at 5.2 million and 3.3 percent, respectively. The number of hires decreased in arts, e - Prior month revised to 7.712m from 7.769m - Job openings rate was 4.4% in June vs 4.6% prior - 3.142m people quit a job in June vs 3.27m prior - Quits rate at 2% vs 2% - 1.604m workers were fired or laid off in June vs 1.611m prior - Layoffs and discharges rate at 1% vs 1%
From thestreet.com | Jul 28, 2025
On July 28, President Donald Trump reiterated that he is allowed to pardon Ghislaine Maxwell, the accomplice of the convicted sex offender Jeffrey Epstein, though nobody has approached him for the same, he added. However, traders on the crypto-based prediction market Polymarket think Changpeng Zhao "CZ," the billionaire founder of the world's largest crypto ...
