While the Treasury Department report on “The Future of Money and Payments” was as carefully neutral as ever about the need for and desirability of...
Reports that the Treasury Department is behind building a digital dollar before deciding whether to launch it will set off a partisan battle in Washington...
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Cryptocurrency is a confusing business with a language all its own, in part because it is a genuinely new way of doing business and in...
A new Treasury Department report argues that banks’ fears that a digital dollar would lead to the loss of depositors and even bank runs is...
TerraUSD, one of the largest stablecoins in crypto, may have escaped a classic bank-run-style death spiral Monday night (May 9) thanks to a massive cash...
Lael Brainard, governor of the Federal Reserve System, in a speech at the U.S. Monetary Policy Forum in New York on Friday (Feb. 18), reiterated...
Lael Brainard, a member of the Federal Reserve’s board of governors, said the rapidly changing digital finance world, with its decentralized focus, will necessitate the...