Cryptocurrencies

WASHINGTON -- The Biden administration is taking steps to address the growing threat of cybercrime while considering whether to issue an executive order on issues surrounding the illicit use of cryptocurrency. A White House National Security Council spokesperson said in... Read More

BEIJING (AP) — China's central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money. Chinese banks were banned from handling cryptocurrencies in 2013, but the... Read More

After working for over a decade on modernizing its payment system, the Bahamas is now home to the world’s first central bank digital currency called the “sand dollar.” For this archipelago of 700 Caribbean islands, moving to a mobile payment... Read More

WASHINGTON — While cryptocurrencies have dominated the news, another type of digital currency is being considered by the central banks of dozens of countries including the United States. Starkly different from crypto, these electronic currencies would have the full backing... Read More

Cryptocurrency may still seem like a strange, foreign concept in many American households – but the technology has reached the point where it is entering the everyday economy. The price of Bitcoin has hit a record-high, G7 officials are pushing... Read More

WASHINGTON – This week, Rep. Tom Emmer, D-Minn., sent a letter to the Securities and Exchange Commission urging them to address the issue of broker-dealer custody of digital securities. Rep. Emmer's letter urges the SEC to take three important actions:... Read More

WASHINGTON — At some uncertain point in the future, printing cash may be a waste of money. As Americans increasingly rely on credit cards, online transfers, mobile apps and cryptocurrencies to complete transactions, a House panel debated Thursday the promise... Read More