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....
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...
Police say a manipulated emergency exit, that shouldn't open from the outside, gave thieves access in last month's major bank heist in Gelsenkirchen. They warned customers that investigations would li...
Airlines have been diverting flights to avoid using Iranian and Iraqi airspace. Meanwhile, Iran's top diplomat denied any plans of hanging, amid earlier reports suggesting swift executions. Follow DW....
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.”...
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....
US’s biggest bank also lifts loan loss provisions after agreeing to take over Apple’s credit card portfolio...
Bankinter joins Tether and BBVA in the $35 million investment round after the Spanish crypto exchange received its MiCA license in 2025....
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....
Mina Starsiak Hawk and Karen E. Laine starred on "Good Bones." Courtesy of HGTV Mother-daughter duo Mina Starsiak Hawk and Karen E. Laine starred on HGTV's "Good Bones" together. Hawk ...
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....
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...
Letter seen by FT appears to undermine claims that chair of US central bank misled Congress over renovation...
Wall St chief wants AI to reshape the bank but the question is how exactly it will measure success...
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...
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....