In an earnings call transcript shared on X, BofA CEO Brian Moynihan pointed to studies suggesting yield-bearing stablecoins could draw trillions from the banking system....
The rules allow banks to combine token activity with payments and financial services under central bank and tech park oversight....
The president previously said the Biden administration was primarily to blame for banks dropping him as a client, not bank executives themselves....
Banks do not usually build space assets, but in China, lenders are increasingly leasing satellites, funding rocket firms and even launching spacecraft of their own. While banks elsewhere typically use...
“We have never seen financial conflicts or corruption of this magnitude,” said Senator Elizabeth Warren on US President Donald Trump's links to World Liberty Financial....
Lenders rebalance books as tight liquidity from kingdom’s megaprojects forces them to look overseas for funding...
At the World Economic Forum in Davos, the French central bank governor and Coinbase CEO clashed over whether trust in money comes from institutions or decentralized Bitcoin....
Crypto experts say political pressure on the US Federal Reserve could drive volatility but also shift flows toward Bitcoin and gold in the long run....
Dimon said at Davos that the cap would cause a "disaster." Denis Balibouse/Reuters Jamie Dimon said Trump's proposed cap on credit card interest rates could hurt 80% of Americans. Speaking at ...
Bank of America, Goldman Sachs, JPMorgan Chase and Morgan Stanley set to take lead on listing...
JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images America's biggest bank by assets, JPMorgan Chase, reported fourth-quarter earnings on Tuesday. CFO Jeremy Barnum discussed how reduced interest ...
Consumer research shows trust for crypto is shaped by control and access, with their habits now reaching policy moves on housing....
The hedge fund manager said central banks were not handling fiat in the same way, warning of a breakdown in the global monetary order....
Banks argue that stablecoin rewards offered through exchanges exploit a GENIUS Act loophole, blurring the line between payment tokens and savings accounts....
The statement comes amid controversy surrounding allowing yield-bearing stablecoins in the Senate Banking Committee’s upcoming crypto bill....
JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images Jamie Dimon defended JPMorgan's spending, especially on tech, during Tuesday's earnings call. He said the bank would stay ahead as it competes a...
With Boomers controlling more than half of US household wealth, the coming generational transfer could funnel a portion of this capital into crypto markets, a new OKX survey shows....
S&P 500 on course for worst day since mid-December as tech shares also hit...
It's a massive bet on Mr. Beast—but arguably more bullish for the future of BMNR....
Retail crypto access will initially cover Bitcoin, Ether, Litecoin and Cardano through participating cooperative banks....