* Law requires tokens to be backed by liquid assets * Measure is first major crypto law enacted in US * Some crypto firms look to gain bank licenses By Hannah Lang July 18 (Reuters) - U.S. President Donald Trump on Friday signed a law to create a regulatory regime for U.S.-dollar-pegged cryptocurrencies known as stablecoins, a milestone that could...

July 18 (Reuters) - German insurer Allianz has formed an equally-owned reinsurance joint venture in India with Reliance Group-owned Jio Financial Services, expanding its presence in the country's insurance market, the companies said on Friday. Allianz and Jio Financial signed a non-binding agreement to establish a 50-50 joint venture for both general and life insurance operations in India, the companies...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

03:23 PM EDT, 07/18/2025 (MT Newswires) -- Price: 38.35, Change: -1.11, Percent Change: -2.81 ...