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....
US’s biggest bank also lifts loan loss provisions after agreeing to take over Apple’s credit card portfolio...
German sports-car maker hit by lack of petrol variant for best-selling Macan and weak demand in China...
The statement comes amid controversy surrounding allowing yield-bearing stablecoins in the Senate Banking Committee’s upcoming crypto bill....
S&P 500 on course for worst day since mid-December as tech shares also hit...
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 ...
The rules allow banks to combine token activity with payments and financial services under central bank and tech park oversight....
Geoeconomic confrontation — ranging from sanctions to tariffs — is the top threat, found the World Economic Forum (WEF)'s Global Risks Report on the eve of its annual meeting gathering the world's bus...
Banks and crypto firms are converging fast, as yield-bearing stablecoins, ETF filings and tokenized markets test the boundaries of financial regulation....
XRP trades back above $2, and soaring institutional investor flows suggest the altcoin’s rally is just getting started....
Millions are at risk of losing health insurance without Affordable Care Act subsidies. The Washington Post/The Washington Post via Getty Images 1.4 million fewer Americans enrolled in ACA marketplace ...
Retail crypto access will initially cover Bitcoin, Ether, Litecoin and Cardano through participating cooperative banks....
JPMorgan chief financial officer Jeremy Barnum told investors in an earnings call that stablecoin yields are a “dangerous and undesirable thing.”...
Michael Dell, CEO and founder of Dell. John Lamparski/Getty Images Dell has told its employees to expect a companywide systems overhaul in May. Top exec Jeff Clarke told workers it would be the "b...
The London Stock Exchange's new Digital Settlement House uses tokenized bank deposits for instant, round-the-clock settlement across blockchain and traditional payment networks....
The “digital-first“ bank created in 2022 is set to go public on the Nasdaq, subject to shareholder and regulatory approvals....
Bankinter joins Tether and BBVA in the $35 million investment round after the Spanish crypto exchange received its MiCA license in 2025....
Belgian bank KBC will launch bitcoin and ether trading for retail investors via its Bolero platform as Belgium’s MiCA regime comes into force....
Investment banking divisions expected to shine for traditional Wall Street rivals after year of rising animal spirits...
“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....