Stablecoin policy moved to the center of Washington’s banking debate as the Office of the Comptroller of the Currency introduced a new regulatory proposal ahead of a U.S. Senate Banking…
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, delivered a sharp critique of cryptocurrencies and stablecoins, arguing that digital assets have failed to demonstrate meaningful real world utility.…
Tensions between the cryptocurrency industry and traditional banks are escalating as debates intensify over stablecoin yields and access to the U.S. Federal Reserve’s payment infrastructure. What began as a technical…
Gold surged to a fresh all time high above 5,400 dollars an ounce as investors piled into the metal following remarks from Federal Reserve Chair Jerome Powell, while bitcoin remained…
The US Federal Reserve has opened a public consultation on a proposed new type of account that would allow certain eligible institutions to access core payment services without receiving the…
U.S. Treasury Secretary Scott Bessent said the government will make only gradual adjustments to Treasury debt auction sizes to safeguard stability in the world’s largest bond market. Speaking at the…
A senior Federal Reserve official has suggested that the rapid adoption of stablecoins could influence monetary policy by reducing demand for traditional bank deposits and putting downward pressure on U.S.…