Saudi banks borrow abroad at fastest ever pace
Lenders rebalance books as tight liquidity from kingdomâs megaprojects forces them to look overseas for funding...
5hFinancial TimeseconomicsImpact
Lenders rebalance books as tight liquidity from kingdomâs megaprojects forces them to look overseas for funding...
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....
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 America's biggest bank by assets, JPMorgan Chase, reported fourth-quarter earnings on Tuesday. CFO Jeremy Barnum discussed how reduced interest ...
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 Committeeâs 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...
S&P 500 on course for worst day since mid-December as tech shares also hit...
Retail crypto access will initially cover Bitcoin, Ether, Litecoin and Cardano through participating cooperative banks....
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....
It's a massive bet on Mr. Beastâbut arguably more bullish for the future of BMNR....
Banks such as Citigroup and Wells Fargo say capping rates would limit credit and hurt economic growth...
A parliamentary committee said regulators are struggling to keep pace as AI spreads across banks and insurers, urging clearer guidance....
Banks and crypto firms are converging fast, as yield-bearing stablecoins, ETF filings and tokenized markets test the boundaries of financial regulation....
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 ...
Kazakhstanâs President Kassym-Jomart Tokayev signed new laws creating licensed crypto exchanges and giving the central bank authority to approve tradable coins....
Binance Australia has reopened direct dollar deposits and withdrawals after more than two years of disrupted banking access....
JPMorgan chief financial officer Jeremy Barnum told investors in an earnings call that stablecoin yields are a âdangerous and undesirable thing.â...
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....