FedNow is coming next year and the feds hope it’s a crypto killer
When the Federal Reserve launches FedNow in July, it will supplant most blockchains with cheap, reliable, instant, irreversible settlements.
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When the Federal Reserve launches FedNow in July, it will supplant most blockchains with cheap, reliable, instant, irreversible settlements.
Read more (3 min) →— European Central Bank, Regulation
According to the ECB, as the popularity of stablecoins continues to grow, they pose a greater risk to other non-crypto areas of the economy.
After resigning his job as Health Secretary for breaking lockdown rules, Hancock is using crypto to reinvent his political image.
In April the UK chancellor announced plans to recognize stablecoins. Terra's recent collapse will give regulators food for thought.