(source: en.wikipedia.org)
The Commodity Futures Trading Commission (CFTC) plans to allow perpetual futures contracts for cryptocurrencies within weeks, Bloomberg reported Tuesday (March 3). The CFTC is doing so to help the United States recapture liquidity that has moved to platforms in Asia, Europe and the Bahamas, CFTC...
As digital dollars move onto blockchains, what happens to the banks that still sit at the center of the financial system? That was the question at the center of a new paper published by economists at the Federal Reserve Bank of New York, titled “Stablecoin...
Visa is expanding its partnership with Stripe-owned stablecoin infrastructure platform Bridge. The new collaboration will see the companies extend the global card issuance product they introduced last year, according to a Tuesday (March 3) press release emailed to PYMNTS. “Bridge enables businesses and FinTech developers...
SoFi Technologies’ U.S. dollar-pegged stablecoin SoFiUSD is set to be enabled as a settlement option across Mastercard’s global payments network. The capability will be part of an enhanced partnership in which SoFi and Mastercard will explore how issuers and acquirers can settle card-based transactions with...
Conflict in the Middle East is making digital assets traders more cautious, Bloomberg News reported Monday (March 2). Cryptocurrencies fell Saturday (March 1) following news that the United States attacked Iran. A slight rebound came after reports that Iran’s Supreme Leader Ayatollah Ali Khamenei had...
Retail investors are reportedly leaving the cryptocurrency sector, robbing the industry of a dependable driver. That’s according to a report Sunday (March 1) from Bloomberg News, which says the speculative demand that once centered around crypto has shifted into stocks. Since late 2024, retail investors...
Digital assets have gotten boring enough that their growth is now buried in procedural filings, not viral social media headlines. Take, for example, the news that blue-chip global bank Morgan Stanley submitted an application to the U.S. Office of the Comptroller of the Currency (OCC)...
Stablecoins are out there; now they just need to work. The next phase for stablecoins may focus less on issuance and more on interoperability in practice. Multiple stablecoins, operating under different regulatory regimes, will need mechanisms to transact seamlessly with one another and with traditional...
The Office of the Comptroller of the Currency (OCC) has issued a proposed rulemaking to implement the GENIUS Act, the stablecoin legislation that was signed into law by President Donald Trump in July 2025. The proposed rule addresses most of the regulations the OCC is...