Stablecoins could transform how we exchange money. The United States and China want to take care of

Like a spatial race of the 21st century, the largest economic powers in the world are exercised in a little -known type of digital currency which could revolutionize – or seriously disturbed – the way people, businesses and countries exchange money. Stablecoins are a type of cryptocurrency fixed to the national currency of a country…

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News: the United States strikes the exchange of Russian Crypto Garantex with new sanctions

By Paul O’Donoghue, principal correspondent The United States has renewed sanctions for the exchange of Russian cryptocurrency Guarantx, accusing him of helping ransomware groups and other cybercriminals whiten dirty money. The Treasury Department for the first time sanctioned Guarantx in 2022. He now added the successor to the Grinene platform, three executives and six companies…

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The FDIC says that the advice reflect the “new approach” of banks and crypto

THE Federal Deposit Insurance Corporation (FDIC) provided new guidelines on Friday March 28 saying that institutions supervised by the FDIC can engage in activities related to the crypto without receiving the prior approval of the FDIC, provided that they adequately manage the associated risks. The FDIC provided these new directives in a letter from financial…

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