Wall Street firms make crypto push to catch up with ‘cool kids’
On Wall Street, Jefferies Financial Group is expanding banking services for crypto clients, BlackRock Inc. is backing a stablecoin firm ...
Tag: stablecoin
Fintech Funding: Banks make bank
The big money in funding this week went to banks, with Ziraat Bank, a state-owned Turkish bank, securing a syndicated ...
Biden pushes for coordinated approach to crypto oversight
President Joe Biden on Wednesday plans to order government agencies to take a closer look at issues surrounding the fast-growing ...
Fed takes key step in deciding on U.S. digital-coin issuance
The Federal Reserve took a key step toward the possible issuance of a U.S. digital currency, a move that the ...
Stablecoin issuers should choose rule model, key lawmaker says
Pat Toomey, the top Republican on the Senate Banking Committee, said cryptocurrency stablecoin issuers should be able to choose from ...
Crypto unlikely to survive as investment if unregulated, SEC chairman says
Cryptocurrency as an asset class won't survive unless it's properly regulated, and while it isn't, investors face harm — and ...
OCC: Banks must prove they can manage stablecoin, crypto risk
The Office of the Comptroller of the Currency today published a legal interpretation of letters issued in July and October ...
Digital currencies likely to be legal tender, central banks say
Digital currencies planned by major central banks will probably become legal tender in their jurisdictions, according to officials studying such ...
Stablecoin risk spurs U.S. agencies to seek power to crack down
Federal agencies took their first step toward regulating stablecoins, raising concerns that the tokens could threaten the U.S. economy while ...
Crypto DeFi firms may need more oversight, global watchdog says
Crypto firms that offer stablecoins, blockchain-based decentralized finance apps and services supporting peer-to-peer transactions may be required to keep tabs ...
