Royal Group Opens Billion Dollar Short Position on US Treasury Bonds
Sheikh fears default The firm also "drained" previously bought counterparty shares in the States Royal Group is ready to return to the market, but after the investment climate improves The Royal Group investment company, which manages the capital of t ...
Circle CEO Jeremy Allaire Says Company Eliminates All Long-Term US Treasury Bonds Ahead of Potential Default
Firm CEO Jeremy Allaire said He said Circle has completely eliminated all long-term U.S. Treasury obligations If Republicans and Democrats in Congress do not agree on the debt ceiling, a technical default will come June 1 Circle has gotten rid of all ...
Paxos CEO Disagrees with Regulators over BUSD Classification as Security
Paxos' CEO, Charles Cascarilla, has expressed his disagreement with regulatory bodies' views on BinanceUSD (BUSD), a stablecoin, being classified as a security. He stated that Paxos has always strived to maintain good relationships with regulators and comply with the law since its inception. Howe ...