As Wall Street embraces stablecoins, regulators warn they've become the go-to currency for global crime networks.

Israel's military says its forces returned fire after being shot at by Palestinians, but the Palestinian foreign ministry ...

By Carlos LOPESLike many other multilateral forums, this month’s Fourth International Conference on Financing for Development (FfD4) may well produce impressive declarations and laudable promises.But ...

Annual Economic Report has just bashed stablecoins for failing major monetary tests. Here’s what the BIS thinks.

The stablecoin audit will detail the reserves backing USD1, which include US dollar deposits, treasuries, and cash equivalents. BitGo is acting as the custodian, and WLF will begin publishing monthly ...

Shares of Circle Internet Group ( CRCL -9.45%) are falling today, down 9.1% as of 2:57 p.m. ET. The drop comes as the S&P 500 ...

The European Commission, the EU’s executive branch, plans to issue formal guidance in the coming days, according to the ...

BIS report finds stablecoins fail “three key tests” as money, raising financial risks and urging caution for monetary systems ...

Stablecoins are no substitute for money, says the Bank for International Settlements. The report cites major flaws in trust, ...

Crypto assets shouldn’t be the mainstay of the future monetary system, a group representing the world’s top central banks ...