Bank of England Welcomes Plan to Drive Payments Innovation
The British Treasury plans to give the Bank of England a new “secondary objective” to support innovation in…
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…
Exclusive: Visa launches new platform to provide stablecoin services to more than 200 million merchants
Stablecoins have changed how people think about moving money, and their exponential rise over the past year has…
How three regulatory shifts are rewriting EU payments compliance
European payments firms are confronting a rare convergence of regulatory pressures, and most compliance teams are being asked…
Bank of England updates its policy for UK systemic stablecoins, Richard Hay, Harry Eddis, Sophia Le Vesconte, Simon Treacy
The Bank of England has released a policy statement on the UK’s regime for systemic stablecoins. It has…
UK House of Lords committee calls on Bank of England to reconsider proposed stablecoin restrictions
A U.K. House of Lords committee said the Bank of England (BOE) should reconsider its proposed limits on…
UniCredit warns Europe may struggle to contain crypto-bank crisis under MiCA rules
Europe may struggle to contain a financial shock tied to crypto firms and banks because its crisis tools…
Europe Vies To Close Stablecoin Gap
France pushes euro stablecoins and tokenized deposits as EU banks race to close the gap with dollar-led digital…
Bank of France Wants EU to Rein in Non-Euro-Backed Stablecoins
The Bank of France is pressing for a strengthening of the European Union’s Markets in Crypto-Assets Regulation (MiCA),…
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…