Markets

New York Stablecoin Crackdown: Big Tech Barred as State Aligns With Federal GENIUS Act

New York's Department of Financial Services (DFS) has proposed new stablecoin rules that mirror the federal GENIUS Act while adding a critical restriction: big tech firms like Meta, Google, and Amazon...

Indian Rupee at 95.29: Why it Hit Record Low in May 2026 and How it Affects Your Savings

The Indian Rupee at 95.29 reached a historic record low against the US Dollar in May 2026, primarily driven by skyrocketing crude oil prices exceeding $120 per barrel and heightened geopolitical tensi...