Exclusive | Why Kenneth Rogoff thinks China’s yuan will be a reserve currency ‘in the next 5 years’
Professor Kenneth Rogoff of Harvard University has repeatedly warned that the US dollar is approaching a crisis of…
Circle, Coinbase tumbles as regulators move to ban interest on stablecoins
Stablecoin issuer Circle’s (CRCL) shares tumbled on Tuesday, after a draft version of U.S. stablecoin legislation raised concerns…
Mastercard to acquire BVNK for $1.8 billion to expand stablecoin payments push
Mastercard agreed to buy BVNK, a stablecoin infrastructure company, for as much as $1.8 billion as it looks…
Bitcoin is stuck in a rut but JPMorgan says new legislation could be the ultimate spark
Crypto markets have lacked conviction, as traders struggle to identify a catalyst strong enough to lift prices out…
SEC makes quiet shift to brokers’ stablecoin holdings that may pack big results
Broker-dealers regulated by the U.S. Securities and Exchange Commission (SEC) can treat their stablecoin holdings as regulatory capital,…
Crypto’s banker adversaries didn’t want to deal in latest White House meeting on bill
Crypto industry negotiators arrived at the White House on Tuesday ready to talk about a legislative deal on…
BRICS laying first tracks for new global payment system
As India prepares to host the BRICS summit later this year, the focus will be on a payment…
Do Kwon Gets 15 Years for $40 Billion Crypto Collapse
Do Kwon, who was behind two digital currencies that eventually collapsed in a $40 billion debacle, was sentenced…
Stablecoin Market Grows 42% in Wake of GENIUS Act
The stablecoin market is reportedly outgrowing the larger cryptocurrency sector following recent U.S. legislation. That’s according to a…
Stripe enlists a who’s who, including Anthropic, OpenAI, and Paradigm, to build a new blockchain
Stripe is funding a new blockchain company called Tempo, co-founder CEO Patrick Collison announced on Thursday. Tempo is…
Fed Conference to Explore AI, Crypto-Centric Payment Innovations
The Federal Reserve is holding a conference in October focused on payment system improvements. The conference, scheduled for…
Stablecoin issuers like Circle and Tether are gobbling up more Treasuries than most countries. Here’s how that could reshape the U.S. economy
Stablecoins are the shiny new object on Wall Street. Once restricted to the niche world of crypto trading,…