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Stablecoin yields create ‘dangerous’ parallel bank system: JPMorgan exec

JPMorgan chief financial officer Jeremy Barnum told investors in an earnings call that stablecoin yields are a “dangerous and undesirable thing.”...

15hCoinTelegraphcryptocurrencyImpact

Yield-bearing stablecoins risk 'dangerous' parallel banking system: JPMorgan CFO

Jeremy Barnum told JPMorgan shareholders that yield-bearing stablecoins risk creating a parallel banking system without the safeguards of traditional regulation....

23hCoinTelegraphcryptocurrency

Former NYC Mayor Eric Adams accused of $2.5 million crypto ‘rug pull’ as his NYC Token crashes

Former NYC Mayor Eric Adams has come under fire after his new cryptocurrency token crashed just hours following its launch on Monday. As reported by CoinDesk , Adams' "NYC Token" hit a $580 million ma...

1dThe VergecryptocurrencyImpact

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