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

In rodeo, a "slack round" refers to a round of the competition that takes place before the contestants' evening performances. This is done to make sure that the competition can finish in a timely ...

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 ...

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 ...

The Bank for International Settlements (BIS) unveiled a groundbreaking vision for the future of the global monetary and financial system.

They may be the current darling of the financial services world, but stablecoins fall short as a form of sound money and at ...

It took a rescinded vote and a 3-cent drop in the tax rate to get the Town of Topsail Beach budget passed, but commissioners took the final vote to do so last week. READ MORE: ...

Stablecoin firm Circle’s (CRCL) meteoric stock frenzy is showing some signs of cooling.

The Bank for International Settlements issued its starkest warning yet on the risks posed by stablecoins and urged countries ...