Meg Waters is the editor in chief of Treasury & Risk. She is the former editor in chief of BPM Magazine and the former managing editor of Business Finance.
The 2023 AFP Liquidity Survey found that treasurers are reducing bank deposits and moving investments toward more secure vehicles, reflecting the U.S. economic climate of 2022 and the bank failures of 2023.
Instead of sliding into recession, the U.S. economy has powered ahead, even as growth stalls overseas. Investors are responding by shifting funds to the U.S. dollar.
The deposit token would not be intended for purchases of cryptocurrencies or as a replacement for stablecoins; it would be designed for use within the traditional financial system for payments, settlements, and similar functions.
Businesses and organizations that regularly transfer personal data from the EU to the U.S. should carefully assess whether it makes sense to rely on the new EU-U.S. Data Privacy Framework.
An executive order released by the Biden Administration on August 9 places increased importance on due diligence when investing in specific foreign countries.