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Tim Scott

Sen. Scott thanks crypto industry for unseating Sherrod Brown

Politics, Politics and policy, Stablecoin /

Sen. Tim Scott, R-S.C.Bloomberg News WASHINGTON — Senate Banking Committee Chairman Tim Scott, R-S.C. publicly acknowledged the role that the crypto industry had in unseating former chairman Sherrod Brown, a longtime banking progressive, from the Senate.  Scott’s comments, made at the Wyoming Blockchain Symposium just ahead of the Federal Reserve’s Jackson Hole Summit, were a […]

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BNY beats estimates, stays mum on merger rumors

BNY, Cryptocurrency, Earnings, Stablecoin /

UPDATE: This article now includes details from BNY’s earnings call and comments from CEO Robin Vince. The Bank of New York Mellon had plenty of updates to provide about its estimate-beating second quarter, but there was one topic on which the bank’s executives kept quiet. In recent weeks, reports have circulated that BNY has held

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