"Raghuram G. Rajan & Project Syndicate about how financial authorities can reduce digital-asset risk without smothering innovation."

"Stablecoins, which we define as digital assets used as a medium of exchange that are purported to be backed by assets held specifically for that purpose, have grown considerably in the last two years. They rose from a market capitalization _...Read More_

"Shang-Jin Wei makes the case for central banks to become the primary issuers of electronic money."

"The Federal Reserve, Treasury and other regulators are worried that a technology that pledges stability will actually be a source of turmoil."

"Stablecoins have been improving their reporting on reserves, but transparency makes an already-difficult business model more complicated to execute."

"Decentralized finance makes it easier for virtually anyone to take advantage of financial markets without the need for a bank, but there are new risks as well."

"If you're going to warn people about stablecoins by citing 19th century history, you should at least include the full record."

>"China’s central bank's new progress report on its digital yuan includes smart contracts as a design feature."

"An obscure corner of the digital sphere that was poorly understood two years ago is now subject to increasingly intense scrutiny by central bankers, regulators, and investors. Unfortunately, more intense scrutiny has not necessarily meant _...Read More_

UK Bank NatWest Bars Businesses That Accept Crypto [https://decrypt.co/68698/uk-bank-natwest-bars-businesses-accept-crypto](https://decrypt.co/68698/uk-bank-natwest-bars-businesses-accept-crypto) [https://decrypt.co/68698/uk-bank-natwest-bars-businesses-accept-crypto](https://decrypt.co/68698/uk-bank-natwest-bars-businesses-accept-crypto)

>"Hackers made off with a $37.5 million haul in the latest exploit using flash loans to target decentralized finance protocols."

>"Cryptocurrency payments provider SatoshiPay has inked a deal with Bankhaus von der Heydt to become the first user of its euro stablecoin."