Congress passed three bills regulating cryptocurrency, stablecoins, and the digital dollar. The GENIUS Act establishes a federal framework for stablecoins, requiring them to be fully backed by ...
After more than a decade of conflicting guidance at the federal level, Congress is finally on the verge of passing legislation to provide clear guidelines for payment stablecoins. Indeed, in early May ...
The House of Representatives has officially passed the CBDC Anti-Surveillance State Act, a sweeping bill designed to block the Federal Reserve from issuing or testing a central bank digital currency ...
April 24, LONDON - Central bank digital currencies have often been deemed a solution in search of a problem. But U.S. President Donald Trump appears to have provided a rationale for CBDCs, even as he ...
History will record Washington’s embrace of digital assets this year as an inflection point for the next era of U.S. dollar dominance. Both the Trump administration and Congress are prioritizing an ...
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 ...
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 big banks are getting a little nervous. This week, Coinbase Global Inc. (COIN) CEO Brian Armstrong claimed that the big banks are trying to stop a new kind of digital dollar from going mainstream.
Fiserv is making a big entrance into the stablecoin market. The payments and fintech giant announced on Monday plans to roll out a new blockchain-based digital asset platform anchored by a U.S. dollar ...
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