Crypto push for yield clashes with banks, slowing US legislation as China advances interest-bearing e-CNY on a different path ...
For the first time, the U.S. House of Representatives has dedicated an entire week, July 14–18, to advancing crypto legislation. The GENIUS Act introduces the first federal framework for stablecoins ...
The world economy is currently undergoing a major transformation, marked by the widespread move to central bank digital currency (CBDC). Comparable to the introduction of paper money in 18th century ...
China’s move to pay interest on the digital yuan is colliding with the GENIUS Act’s ban on stablecoin yields, intensifying questions over whether US digital dollars can remain competitive. China’s ...