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US 5-Year Bond Yield Hits 19-Year High at 5.15%

The US 5-year Treasury yield surged to 5.15%, reaching its highest level in 19 years, as bond investors demanded higher returns to lend to the US government. The yield now stands 115 basis points above the Federal Reser…

Qivalis wins Dutch e-money license for euro stablecoin

Qivalis said the Electronic Money Institution authorization enables it to launch a euro-denominated stablecoin, with issuance planned for the coming months, subject to additional MiCA requirements.