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Wall Street · New YorkGoldman Sachs and BNY have joined hands to launch digital tokens that mirror shares of money market funds, deepening Wall Street's push to bring blockchain technology into traditional finance.Investors can now buy and sell money market fund shares on BNY's LiquidityDirect platform, with a digital record of thSee the Story
Goldman, BNY Team up to Launch Tokens Tied to Money Market Funds
62% Center coverage: 8 sources

Tim Scott · United StatesThe U.S. Senate is marching on in its effort to craft rules and regulations for the vast majority of the crypto market, releasing a discussion draft of a market structure bill that more clearly defines some of the frameworks the lawmakers are contemplating.The 35-page draft released Tuesday formulates new definitions for digital assets that are not securities, and directs the Securities and Exchange Commission to engage in rulemaking around thes…See the Story
Senate Releases Answer to Clarity Act as It Continues Market Structure Work
50% Right coverage: 4 sources