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Banks Should Embrace Stablecoin Yield in CLARITY Act: White House Adviser

Crypto companies and platforms that provide stablecoin rewards have become a major point of contention in the CLARITY crypto market structure bill. The banking industry should not be threatened by crypto companies offering stablecoin yield to customers, and both sides must compromise on the issue, according to White House crypto adviser Patrick Witt. Witt said…

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You must let elected govts function, SC advises Himachal Pradesh high court | India News

NEW DELHI: Supreme Court on Friday frowned on Himachal Pradesh HC’s repeated interference in the state govt’s decisions and said it appeared that the high court was not allowing the elected govt to function. SC warned that it would view such interference seriously in future.Despite these oral remarks, a bench of Chief Justice Surya Kant…

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JPMorgan (JPM) cuts Coinbase (COIN) target to $252 after 4Q miss, keeps overweight rating

Wall Street analysts from companies including JPMorgan (JPM) and Cannacord lowered their price targets for Coinbase (COIN) stock after the largest publicly traded crypto exchange missed fourth-quarter earnings estimates. JPMorgan said weak crypto prices and trading activity weighed on volumes and fees. The bank maintained its overweight rating on the crypto exchange, but cut the…

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EC names special observers for SIR drive in West Bengal, Tamil Nadu | India News

NEW DELHI: The Election Commission on Friday appointed ex-IPS officer N K Mishra and ex-IRS officer Pratap Singh as special observers for West Bengal and Tamil Nadu, respectively, tasked with overseeing the ongoing Special Intensive Revision (SIR) of electoral roll as well as the preparedness and conduct of impending assembly poll in the two states.Polls…

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