The head of the House Financial Services Committee wants President-elect Biden to to rescind guidance by the OCC that national banks may hold stablecoin reserves as a service...
Cryptocurrencies should be regulated more stringently, a VMWare security executive told U.S. lawmakers, citing a rise in cybercrime during the pandemic.
Currently just a flashy idea, the digital dollar is competing with duller but proven methods for the job of getting stimulus funds to every U.S. resident.
Facebook's CEO told lawmakers the company would pull out of the Libra Association if the consortium launched its cryptocurrency without regulatory approvals.