Monday, March 13, 2023

Opinion: SVB collapse shows the fickleness of crypto money

Yale School of Management finance professor Gary Gorton and Federal Reserve attorney Jeffery Zhang have highlighted this regulatory vacuum, and how it prevents stablecoins from becoming what they refer to as “no-questions-asked” money.

from Tech-Economic Times https://ift.tt/dFIuavf

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...