Fed, FinCEN want to make banks report international transfers of as little as $250

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

Fed chair remains cautious on regulator's digital dollar efforts

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

Explore the Trendline➔

Stablecoins enter the payments universe

Stablecoins are gaining ground thanks to passage of the Genius Act, forcing companies to consider competitive strategies in the digital realm.

By Payments Dive staff