Reserves
Coverage of Reserves in the Nexus archive.
- AscendEX withdrawal complaints mount as ZachXBT questions reserves
Multiple users reported delayed AscendEX withdrawals after ZachXBT flagged potential liquidity issues and urged the exchange to explain its reserves.
- New York finalizes $277 billion budget for the fiscal year that started April 1
New York State has finalized a $277 billion budget for the 2026/2027 fiscal year, marking a $9 billion increase from the previous estimate. The budget relies on corporate tax extensions and depleting reserves to address projected deficits.
- Czech National Bank backs Bitcoin for reserves as governor outlines portfolio case
The Czech National Bank is considering Bitcoin as part of its foreign exchange reserves, with the governor advocating for its inclusion in the central bank's investment portfolio to diversify assets.
- MiCA has made euro stablecoins safe but weak, new report argues
A new Blockchain for Europe report argues that the MiCA regulation has enhanced the safety of euro stablecoins but reduced their competitiveness. The report calls for targeted reforms in reserves and remuneration to address the issue.
- Morgan Stanley Targets BlackRock With Money Market Fund for Stablecoin Issuers
Morgan Stanley launched a money market fund designed for stablecoin issuers to manage their reserves. The product is positioned as a competitive offering against BlackRock, signaling increased activity in the stablecoin and institutional finance sectors.