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Bank of America CEO warns interest-bearing stablecoins could pull $6T from US banks

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....

1dCoinTelegrapheconomics

Bank of America CEO: Interest-Bearing Stablecoins Could Take $6T Out of Bank Deposits

The statement comes amid controversy surrounding allowing yield-bearing stablecoins in the Senate Banking Committee’s upcoming crypto bill....

1dDecrypteconomicsImpact

Qatar’s banking advantage: Expanding pathways for global capital

As the World Economic Forum takes stage once again in Davos, Euronews will moderate a discussion co-hosted by Qatar National Bank (QNB), Commercial Bank Qatar (CBQ), Qatar Islamic Bank (QIB) and Doha ...

8hEuronewseconomics

Belarus creates legal framework for ‘cryptobanks’ in new presidential decree

The rules allow banks to combine token activity with payments and financial services under central bank and tech park oversight....

11hCoinTelegraphPoliticsImpact

Trump says Fed chair contender Hassett should stay in White House job

US president says moving National Economic Council director to lead the central bank would be a ‘serious concern for me’...

6hFinancial TimesPoliticsImpact

Michael Saylor pushes back on criticism of Bitcoin treasury companies

Speaking on the What Bitcoin Did podcast, Strategy chairman Michael Saylor pushed back against criticism of companies issuing equity or debt to buy Bitcoin....

1hCoinTelegraphcryptocurrencyImpact

US stocks slide after bank earnings disappoint

S&P 500 on course for worst day since mid-December as tech shares also hit...

2dFinancial TimeseconomicsImpact

Crypto’s bank-like turn puts JPMorgan on edge

Banks and crypto firms are converging fast, as yield-bearing stablecoins, ETF filings and tokenized markets test the boundaries of financial regulation....

1hCoinTelegraphcryptocurrencyImpact

Germany’s DZ Bank secures MiCA license for ‘meinKrypto’ platform

Retail crypto access will initially cover Bitcoin, Ether, Litecoin and Cardano through participating cooperative banks....

2dCoinTelegrapheconomicsImpact

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.”...

2dCoinTelegraphcryptocurrencyImpact

LSEG brings commercial bank money onto blockchain rails with DiSH

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....

1dCoinTelegrapheconomicsImpact

Crypto-friendly Old Glory Bank plans Nasdaq listing through SPAC

The “digital-first“ bank created in 2022 is set to go public on the Nasdaq, subject to shareholder and regulatory approvals....

3dCoinTelegrapheconomicsImpact

JPMorgan Chase’s profits fall 7% as investment bank fees disappoint

US’s biggest bank also lifts loan loss provisions after agreeing to take over Apple’s credit card portfolio...

3dFinancial TimeseconomicsImpact

The world's central bankers are rallying around Fed chair Jerome Powell in his fight with Trump

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....

3dBusiness InsiderPoliticsImpact

Spain’s Bankinter joins $35M Bit2Me round amid growing bank crypto alliances

Bankinter joins Tether and BBVA in the $35 million investment round after the Spanish crypto exchange received its MiCA license in 2025....

2dCoinTelegraphcryptocurrencyImpact

KBC Bank to launch Bitcoin and Ether trading in Belgium under MiCA

Belgian bank KBC will launch bitcoin and ether trading for retail investors via its Bolero platform as Belgium’s MiCA regime comes into force....

13hCoinTelegrapheconomicsImpact

US bank results live: Goldman Sachs and Morgan Stanley to report earnings

Investment banking divisions expected to shine for traditional Wall Street rivals after year of rising animal spirits...

1dFinancial TimeseconomicsImpact

Warren seeks delay to World Liberty bank bid until Trump cuts ties

“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....

2dCoinTelegraphPoliticsImpact

JPMorgan's CFO warns cutting credit card interest could make the business not worth being in

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 ...

3dBusiness InsidereconomicsImpact

China’s central bank sets onshore yuan fixing at strongest point in nearly 16 months

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...

3dSouth China Morning PosteconomicsImpact
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Business Insider68
CoinTelegraph33
Financial Times28
The Verge21
South China Morning Post19
Decrypt17