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…
Stripe Is Targeting Shopper Habit Formation
If Stripe’s reported pursuit of PayPal signals anything, it is that the next competitive frontier in payments may…
Inside Augustus: The Thiel-Backed ‘Bank Made of Code’ Nearing a National Charter From Dallas » Dallas Innovates
Augustus doesn’t have a bank yet. But it has already cleared one of banking’s toughest hurdles: preliminary approval…
Yellen says ‘no alternative’ to dollar, urges US-China cooperation for sake of the world
A decoupling between China and the United States is something “that you don’t want to see”, says former…
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…
SEC makes quiet shift to brokers’ stablecoin holdings that may pack big results
Broker-dealers regulated by the U.S. Securities and Exchange Commission (SEC) can treat their stablecoin holdings as regulatory capital,…
Crypto’s banker adversaries didn’t want to deal in latest White House meeting on bill
Crypto industry negotiators arrived at the White House on Tuesday ready to talk about a legislative deal on…
Do Kwon Gets 15 Years for $40 Billion Crypto Collapse
Do Kwon, who was behind two digital currencies that eventually collapsed in a $40 billion debacle, was sentenced…
Open Questions | Economist Huang Yiping on why China’s AI push must be ‘job-oriented’
Huang Yiping is the dean of Peking University’s National School of Development and a member of the Monetary…
Why do so many global payments still require a layover in New York?
Most people don’t think about how money moves across borders. You tap your card on vacation or wire…