David Solomon, CEO of Goldman Sachs, expressed doubts about the Federal Reserve cutting interest rates this year due to the resilient economy, bolstered by government spending and investments in AI infrastructure. Despite these factors, Solomon highlighted the impact of rising prices on consumer behavior, referencing recent reports from McDonald’s and Autozone indicating reduced spending. He […]
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Circle Hits Regulatory Milestone With NYDFS Trust Charter
Key TakeawaysCircle secured an NYDFS trust charter, enabling it to issue state-approved stablecoins and offer custody.The NYDFS license validates Circle’s...
