Blockchain-based assets could be to finance what Voice of America has been to U.S. diplomacy. Stablecoins, blockchain-based assets backed by bank deposits and Treasury securities, are at the heart of a dollar-based revolution happening throughout the developing world. Their price is supposed to stay steady, often at $1. Think of them as ...

A new rule aims to make sure all legal businesses can get loans, including unpopular ones. Everyone deserves fair access to banking services. Over the past decade there have been too many allegations of banks cutting off vital services, credit and capital that legal businesses rely on to create jobs, meet community needs and support the ...

Firms that make loans and process payments should be chartered and regulated as national banks. If it lends like a bank and processes payments like a bank, is it a bank? Maybe not, depending on the outcome of a case pending in the Second U.S. Circuit Court of Appeals. In the lawsuit, New York financial-services superintendent Linda Lacewell ...