The traditional bank account is facing an existential threat from digital wallets
Jan said many Binance employees, including himself, already keep most of their assets on the exchange. “I could…
Stripe Is Targeting Shopper Habit Formation
If Stripe’s reported pursuit of PayPal signals anything, it is that the next competitive frontier in payments may…
Cash App Rolls Out Stablecoin Payments
“Stablecoin send and receive is now available for all eligible customers on Cash App,” the Block-owned company said…
Yellen says ‘no alternative’ to dollar, urges US-China cooperation for sake of the world
A decoupling between China and the United States is something “that you don’t want to see”, says former…
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…