IMF MD asks for global preparation for central bank digital currencies (CBDCs)
IMF’s Georgieva urges global readiness for CBDCs at Singapore FinTech Festival. CBDCs are a potential cash replacement, enhancing resilience, and promoting financial inclusion. IMF introduces CBDC handbook and acknowledges BIS’s…
US Senator asks DOJ to consider criminal charges against Binance and Tether
US Senator Cynthia Lummis asks the Department of Justice (DOJ) to criminally charge crypto exchange Binance and USDT issuer Tether. Lummis cites the two companies’ role in aiding illicit fundraising…
Coinbase asks users to switch USDT for the ‘reputable’ USDC
Crypto exchange Coinbase wants its users to switch their USDT for USDC. The company calls USDC the trusted and reputable stablecoin. Coinbase is a co-founder of Circle, the company that…