Supporters say it could unlock faster, cheaper forms of payments and bring legitimacy to US$265 billion market Read more at straitstimes.com. Read more at straitstimes.com.

Some large US lenders, including Bank of America (BofA) and Citibank, are working on launching stablecoins at a time when the country is looking to adopt more crypto-friendly regulations.

Cryptocurrency has gained a hold in Americans’ investment portfolios and their retirement accounts — and now it’s a step ...

In a historic development for the digital asset sector, Congress passed the first federal legislation to regulate stablecoins ...

Bank of America weighs stablecoin plan; Morgan Stanley, Citi, JPMorgan monitor. Trump-backed crypto bills may reshape ...

Unlike more volatile cryptocurrencies, stablecoins are designed to hold their value and settle payments instantly, around the clock.

The president reportedly brandished a letter firing the Fed chair, then backed off, saying he likely wouldn’t dismiss him ...

Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the ...

House Freedom Caucus Members reached an agreement tonight to advance the President’s cryptocurrency agenda and, as part of ...

Some of the biggest names on Wall Street are getting louder about the importance of an independent Federal Reserve as the White House pressure on Jerome Powell intensifies.

Fed independence is ‘something we should fight to preserve,’ says David Solomon, CEO of Goldman Sachs. The nation’s biggest ...

The company deployed automated coding tools to its 17,000 software developers, CEO Brian Moynihan said Wednesday.