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Banks will retain lots of deposits, but they might become bigger and less reliable.
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UTC: This article has been updated to include a section on the GENIUS Act. Walmart and Amazon are reportedly mulling plans to ...
The US Senate scheduled a final vote on the GENIUS Act for June 17 to regulate stablecoins. The bill has bipartisan support but faces criticism over consumer protections and Trump-related conflicts.
As the crypto-friendly GENIUS Act winds its way through Congress, executives at some of the nation's largest banks are ...
David Zaslowsky of Baker McKenzie discusses developments toward a legal framework for digital assets and integration of them ...
For passage in the Senate, there needs to be at least 60 votes. On Tuesday, two House committees easily approved a bill that ...
Two Democratic senators targeted Meta CEO Mark Zuckerberg with questions about issuing a digital currency or possible ...
The GENIUS Act to regulate stablecoins advanced in the US Senate after a Wednesday vote showed a majority of the chamber ...
Senators Elizabeth Warren and Jeff Merkley asked for details on a multibillion-dollar transaction between the Trump family's crypto venture and a pool of investors that includes foreign nationals.
A pair of House panels voted Tuesday to advance legislation laying out oversight of the crypto market. The House Financial ...