Regulations & Policy: Page 2
The Federal Reserve's electronic payments network lets nearly 9,300 financial institutions send billions of dollars daily through the U.S. financial system.By Anna Hrushka • Feb. 26, 2021
The company's CEO, Brad Garlinghouse, criticized the timing of the suit and vowed to challenge it. The coin lost 60% of its value in the week after the court action, which one Twitter user called a "kill shot."By Anna Hrushka • UPDATED: March 5, 2021 at 8 a.m.
Friday's proposal to lower the threshold from $3,000 is meant to catch bad actors using low-dollar cross-border transactions to facilitate terrorist financing and other illicit activity.By Anna Hrushka • Oct. 26, 2020
The central bank's chief, Jerome Powell, told a panel Monday he'd rather the U.S. "get it right" than be first — and that such a currency should aim to complement rather than replace the dollar.By Dan Ennis • Oct. 20, 2020
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