Digital currencies
- Banking
Fans call crypto bank Avanti the future. Critics say it’s too risky.
Avanti Bank, a startup that received a special-purpose banking charter from the state of Wyoming in October, already has more…
Read More » - Banking
Powell: Need for digital dollar is an issue for Congress, public
Federal Reserve Chair Jerome Powell said the central bank is involved in a large-scale research and development project on the…
Read More » - Banking
‘We don’t need to rush’ on Fed digital dollar, Powell says
WASHINGTON — Though Democratic leaders have endorsed the concept of a government-operated digital currency to give underserved consumers more banking…
Read More » - Banking
Powell says central bank digital currency must coexist with cash
Potential central bank digital currencies would need to be integrated into existing payment systems alongside cash and other forms of…
Read More » - Banking
Fed digital currency gains steam with Democrats in power
WASHINGTON — Democratic leaders in the Biden administration and Congress are raising the volume on proposals for the Federal Reserve…
Read More » - Banking
Yellen signals interest in backing digital-dollar research
Treasury Secretary Janet Yellen signaled the Biden administration supports research into the viability of a digital dollar, a shift from…
Read More » - Banking
Northern Trust, Fidelity join small club managing crypto assets
A handful of big financial firms are plunging into the world of cryptocurrency custody services. Though some government officials had…
Read More » - Banking
Avanti got a bank charter. Here’s what’s next on its agenda.
Avanti Bank, a blockchain bank formed by former Wall Street veteran Caitlin Long, has received a bank charter from the…
Read More »
