Morgan Stanley Launches Stablecoin Reserve Fund

Morgan Stanley Investment Management launched the Stablecoin Reserves Portfolio on April 23, a government money market fund exclusively designed to hold the cash reserves backing stablecoin issuers’ outstanding tokens, positioning the Wall Street giant to capture reserve management business ahead of the GENIUS Act’s expected passage. Summary Morgan Stanley Investment Management launched the Stablecoin Reserves…

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Bitcoin Bonuses Expand as Fold Brings Payroll-Linked Rewards to Employers

Key Takeaways: Fold launches BTC bonuses, expanding employer adoption pathways. Businesses gain crypto tools, strengthening retention incentives. Fold Business growth signals wider corporate bitcoin integration. Fold Business Brings Bitcoin Bonuses Into Payroll Systems Fold Holdings Inc. said on April 23 that it introduced the Bitcoin Bonus Program for employers, expanding its push into workplace financial…

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Senate Blocks Iran War Powers Vote 46-51

The Senate voted 46 to 51 on April 22 to defeat a war powers resolution that would have directed the president to withdraw US armed forces from hostilities against Iran without congressional authorization, marking Democrats’ fifth consecutive failure to advance the measure since the conflict began on February 28. Summary The Senate voted 46-51 to…

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