This post originally appeared in The Nuance, the Reporters Committee’s newsletter on legal and policy issues at the forefront of a free press. Sign up today! Last month marked 10 years since the federal Freedom of Information Act was last amended by Congress. At the time, the transparency reforms signed into law by then-President Barack Obama were expected to make it easier for members of the press and public to use FOIA to access records held by federal agencies. Most notably, the FOIA Improvement Act of 2016 created what’s known as the “foreseeable harm standard,” which lawmakers intended to cut down…

Theo, an onchain capital markets platform, has invested $20 million in Fidelity International’s USD Digital Liquidity Fund (FILQ). Theo said the investment makes it the first crypto-native platform to allocate capital to the asset manager’s tokenized fund.Executed through Sygnum, a Swiss digital asset bank that provides regulated banking, custody and tokenization services for institutional clients, the allocation adds FILQ to Theo’s institutional tokenized Treasury product, thBILL.FILQ is a Moody’s Aaa-mf-rated tokenized US dollar liquidity fund built on Sygnum’s Desygnate platform that invests in diversified short-term money market instruments designed to preserve capital and liquidity. Chainlink provides onchain net asset value…

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