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Canada wildfire: all 20,000 Yellowknife residents evacuating

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Canada wildfire: all 20,000 Yellowknife residents evacuating

[1/5]Vehicles leave Yellowknife on the only highway in or out of the city after a state of emergency was declared due to the proximity of a wildfire, in Yellowknife, Northwest Territories, Canada August 16, 2023. REUTERS/Pat Kane Acquire Licensing Rights Aug 17 (Reuters) – Canadian fire crews battled on Thursday to prevent wildfires from reaching … Read more

US Fed clarifies process for banks to transact in stablecoins

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US Fed clarifies process for banks to transact in stablecoins

The U.S. Federal Reserve building in Washington, D.C./File Photo Aug 8 (Reuters) – State banks that are a member of the U.S. Federal Reserve system should obtain a written supervisory nonobjection from the Fed before issuing, holding or transacting in dollar tokens used to facilitate payments, such as stablecoins, the central bank said in a … Read more