The Federal Reserve is considering a new idea: a "skinny" account for crypto firms. This account would give them limited access to the Fed's payment system. It's not the full deal, but it's a step forward. This idea comes from Christopher Waller, a Fed governor. He thinks it could help stablecoin c
The European Central Bank (ECB) is seriously considering a digital euro. Why? Because in today's world, where technology is everywhere, having a backup payment method is crucial. Imagine a scenario where banks or payment services are hit by a cyberattack. What happens then? That's where a digital eu
The popular game Fortnite is back on iPhones in the US. This is a big deal because it had been missing from the App Store for nearly five years. The reason for its return is a recent court ruling that changed the rules for app stores. This ruling stopped Apple from taking a cut of purchases made out
Spotify is making a bold move. It has sent an update for its iOS app to Apple. This update is a direct response to a recent court ruling. The ruling said Apple can't take a cut from payments made through non-Apple systems. It also stops Apple from controlling how developers talk about outside paymen
Imagine that. A guy like Elon Musk is trying to get under the hood of the US Treasury's payment system. This is not good. People in the know are worried. Let’s start with the guy who actually knows how this system works. Many of the people who read this website may not have heard of David Le
Imagine Germany’s new payment system for inpatient mental health care, where hospitals get paid based on the patient’s diagnosis. This system is called diagnosis-related payment, and it’s designed to encourage hospitals to treat patients more efficiently. But which hospitals are jumping on board? Tu
In the Russian city of Kazan, President Vladimir Putin recently wrapped up a major BRICS summit. This meeting brought together 36 countries, including the original members: Brazil, Russia, India, China, and South Africa. The summit aimed to strengthen financial ties and create alternatives to Wester
In Kazan, Russia, President Vladimir Putin recently wrapped up the BRICS Summit, a gathering of some of the world's largest developing economies. This event marked a significant moment for the bloc, which now includes not just the original members—Brazil, Russia, India, China, and South Africa—but a
Russian President Vladimir Putin wrapped up the BRICS summit in Kazan, where leaders from various countries discussed strengthening financial ties and creating alternatives to Western-controlled systems. The summit, lasting three days, attracted leaders from 36 countries, showing the world that Russ
