Why US community banks say the GENIUS Act has a stablecoin loophole
Banks argue that stablecoin rewards offered through exchanges exploit a GENIUS Act loophole, blurring the line between payment tokens and savings accounts....
Banks argue that stablecoin rewards offered through exchanges exploit a GENIUS Act loophole, blurring the line between payment tokens and savings accounts....
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 ...
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....
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...
Powell typically abstains from directly engaging with Trump's personal attacks. Al Drago/Getty Images The world's most senior bankers have rallied around embattled Federal Reserve Chair Jerome Powell....
Retail crypto access will initially cover Bitcoin, Ether, Litecoin and Cardano through participating cooperative banks....
S&P 500 on course for worst day since mid-December as tech shares also hit...
JPMorgan chief financial officer Jeremy Barnum told investors in an earnings call that stablecoin yields are a “dangerous and undesirable thing.”...
The “digital-first“ bank created in 2022 is set to go public on the Nasdaq, subject to shareholder and regulatory approvals....
US’s biggest bank also lifts loan loss provisions after agreeing to take over Apple’s credit card portfolio...
Citi reported fourth-quarter earnings on Thursday. Mike Kemp/In Pictures via Getty Images Citi's CFO Mark Mason said Trump's proposed credit card cap would have a 'deleterious' impact on the economy. ...
Bankinter joins Tether and BBVA in the $35 million investment round after the Spanish crypto exchange received its MiCA license in 2025....
“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....
Chief executive Jane Fraser is pushing through bank’s biggest restructuring in more than a decade...
China’s central bank strengthened the yuan’s daily fixing for a third consecutive session to a nearly 16-month high, as the currency also held firm in offshore markets despite recent US dollar strengt...
Business leaders like Klarna's CEO support Trump's credit card cap proposal, while major banks and investors warn of risks. BRENDAN SMIALOWSKI/AFP via Getty Images Donald Trump proposes a 10% cap on c...
It looks like the wave of campaigns against data centers are getting under big tech companies' skin - and Microsoft is the latest giant to promise to address frustrations on the ground in communities ...
Letter seen by FT appears to undermine claims that chair of US central bank misled Congress over renovation...
Bitpanda has reportedly tapped Goldman Sachs, Citigroup, and Deutsche Bank to work on the offering, planned for Frankfurt’s stock exchange....
New Zealand Foreign Affairs Minister Winston Peters rebuked the country’s new Reserve Bank governor, Anna Breman, for wading into US domestic politics after she signed a statement with other global ce...