On a special episode (first released on May 14) of The Excerpt podcast: There’s something to cold hard cash. You can hold it; you can smell it; it feels a certain way in your pocket. Earlier this year ...
AUSTIN, Texas — If the U.S. moved forward with creating its own digital dollar, banks, as we know them, could be a thing of the past. Last Wednesday, President Joe Biden ordered the Treasury ...
US dollar-pegged stablecoins are emerging as strategic tools that could reinforce or reshape the US dollar’s global dominance. By enabling US dollar-linked transactions outside traditional financial ...
(Bloomberg) -- An internal Republican fight over a drive to prevent the US government from issuing a crypto “digital dollar” ground activity in the House to a halt this week as the party’s right flank ...
Is Circle launching a digital currency bank? Circle, the fintech firm behind USDC, has filed an application with the Office of the Comptroller of the Currency (OCC) to establish First National Digital ...
For the first time, the U.S. House of Representatives has dedicated an entire week, July 14–18, to advancing crypto legislation. The GENIUS Act introduces the first federal framework for stablecoins ...
In 2025, China and the United States are deepening their rivalry in a new arena: digital currency infrastructure. In May, Hong Kong passed landmark legislation to regulate fiat-referenced stablecoins, ...
A proposed GOP ban on a central bank digital currency (CBDC) could pump the brakes on grand visions to reshape electronic payment access around the Federal Reserve. Republican lawmakers pushed the ban ...
The world economy is currently undergoing a major transformation, marked by the widespread move to central bank digital currency (CBDC). Comparable to the introduction of paper money in 18th century ...
Central-bank-issued digital currencies could chip away at the US dollar's share in international payments.
As China accelerates deployment of its digital yuan, and the European Central Bank advances toward a digital euro, the Republican Party is seeking to prevent the creation of a Central Bank Digital ...