The Federal Reserve has been working on an initiative for a digital dollar or Fedcoin. The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology may have prototypes to reveal as soon as this July. Foreign governments are also looking into...
As cryptocurrencies struggle to gain mainstream acceptance amid oscillations between buzz and busts, regulatory bodies play a key role in mediating their adoption, as with any payment mechanism. Today, New York’s Department of Financial Services (DFS) issued a...
There’s an app for almost anything these days. New apps are popping up all over the place, especially in the financial technology sphere. Since millennials have started to rely more on online technology, it would make sense that new apps are being invented to cater to...