Business

How a digital pound could work alongside cryptocurrencies

Like many other countries, the UK has developed a plan for a central bank digital currency (CBDC). A digital pound would essentially act like an online form of cash suitable for everyday payments. It would not earn any interest ...

Business

House panel to hold hearing on crypto exchange FTX collapse

Lawmakers plan to investigate the failure of FTX, the large crypto exchange that collapsed last week and filed for bankruptcy protection, leaving investors and customers staring at losses that could total in the billions ...

Business

Washington state eyes 'billionaire tax' on the ultra rich

Washington state's richest residents—including Jeff Bezos and Bill Gates—would pay a wealth tax on some financial assets under a bill proposed by a lawmaker who says she is seeking a fair tax code at a time when so many ...

page 1 from 2