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Making the most of the 21st century financial system

Stablecoins could improve the U.S. payments system, but first they need a serious regulatory framework. Other countries aren't waiting, writes Timothy G....

Tether, Facebook Coin Spur Worry at Yellen’s Closed-Door Meeting Jul 28 2021, 1:43 AM July 27 2021, 9:54 PM July 28 2021, 1:43 AM (Bloomberg) -- Tether and the Facebook Inc.-backed Diem token were a main focus of a recent meeting U.S. regulators held on the financial risks posed by stablecoins, a fast-growing corner of the cryptocurrency industry, said people familiar with the matter. (Bloomberg) -- Tether and the Facebook Inc.-backed Diem token were a main focus of a recent meeting U.S. regulators held on the financial risks posed by stablecoins, a fast-growing corner of the cryptocurre...

(Bloomberg) — Strategists are struggling to see a turnaround ahead for Bitcoin, at least for now, as the digital coin hovers around the $30,000 level.

» JPMorgan says the recent cryptocurrency plunge and shift into riskier altcoin bets looks a lot like the 2017 collapse JPMorgan says the recent cryptocurrency plunge and shift into riskier altcoin bets looks a lot like the 2017 collapse Emily GraffeoMay 26, 2021, 02:32 IST Bitcoin replica coins are seen on November 13, 2017.Jaap Arriens/NurPhoto via Getty Images Crypto's recent plunge bears some resemblance to the 2017 collapse, JPMorgan said. The firm's Josh Younger noted that like the end of the 2017 bull cycle, investors are beginning to diversify out of bitcoin and ether and into risk...