A few years back, everyone noticed how AI chatbots suddenly popped up everywhere. But something just as big was happening in money—only no one really saw it. Behind the scenes, the pipes that move cash around the world started shifting from old bank systems to new digital tunnels. These tunnels don’
Stablecoins, digital money tied to the US dollar, moved a staggering $33 trillion last year. That volume is twenty times larger than what PayPal handled, showing how fast this new payment type is growing. At the Future Investment Initiative in Miami, industry leaders discussed why even the bigges
A recent decision by U. S. regulators has set off a clash between old-school banks and cryptocurrency companies. The Office of the Comptroller of the Currency gave Coinbase the green light to launch a national trust bank, but not everyone is happy about it. Critics argue that digital firms shouldn’t
SoFi, best known for online loans and student refinancing, quietly launched a platform where big companies can handle both regular money and cryptocurrency in one place. Businesses can deposit cash, send payments, and settle trades anytime without jumping between a bank, a custody service, or a cryp
This week, a quiet meeting between big banks and crypto companies could shape how Americans use digital money next year. A small team will review a new Senate proposal that tries to balance two very different worlds: traditional finance and the fast-moving crypto market. The debate isn’t about wheth
Coinbase officials have told senators that the new bill cannot be implemented because of worries over “stable yield language. ” This is the second time CEO Brian Armstrong has pulled back support, saying in January that a bad bill is worse than no bill at all. The proposed law would stop crypto e
A new law in Canada is set to stop people from earning interest on stablecoins, a type of digital money that stays close in value to the dollar. The rule will require exchanges to block any “yield” features that let users grow their balances. This change is expected to hurt the crypto market and cau
Senators from both parties and the White House have reached a tentative deal on a bill that would set rules for digital currencies. The focus is on how stablecoins—digital money tied to real dollars—can give people extra earnings without hurting traditional banks. The agreement could finally move th
Senators Tillis and Alsobrooks have reached a key agreement on how stablecoins can earn rewards. The deal could clear a major hurdle in the Digital Asset Market Clarity Act. Banks worry that rewards on stablecoins resemble interest on deposits. If the bill blocks these rewards, it might hur
Financial leaders around the world are saying that offering digital money solutions is no longer optional. In a recent survey of more than 1, 000 firms—including banks, asset managers, fintechs and corporates—72 percent agreed that businesses must provide digital asset services to stay competitive.
