• Written by: (Blockchain News
  • Thu, 27 Apr 2023
  •   Hong Kong

The New York Federal Reserve has updated its rules for reverse repurchase agreements (RRP), potentially hindering Circle's access to the Fed's reverse-repurchase program. The Circle Reserve Fund is a money market fund only available to Circle and could be deemed ineligible under the Fed's updated guidelines. (Read More)

NY Fed New Rules Cast Uncertainty on Circle's Access to Reverse-Repurchase Program