Bank of America is sounding an alarm that cuts to the core of how modern finance is wired. If regulators allow ...
JPMorgan's Jeremy Barnum said the bank would compete with crypto offerings but warned that stablecoin yield products look ...
Bank of America CEO Brian Moynihan warned that interest-bearing stablecoins could pull as much as $6 trillion out of the US ...
Some claim interest-paying stablecoin issuers should be considered banks and subject to full bank regulatory requirements. But since stablecoin issuers take no credit risk, make no loans and have no ...
JPMorgan’s CFO says interest-bearing stablecoins could form a dangerous parallel banking system, reigniting debate over ...
PARIS (Reuters) -Europe's existing crypto rules already contain safeguards against risks posed by stablecoins, the region's banking supervisor told Reuters, after the European Central Bank warned that ...
Congress has long recognized that stablecoins should not function as unregulated bank deposits. The intent of the recently enacted GENIUS Act is clear: to prohibit stablecoin issuers from paying ...
An updated Senate draft of the market structure bill prohibits yield "solely in connection with the holding of a payment ...
Editor: I’ve had the pleasure of being a part of The Dime Bank in Honesdale for 21 years and a banker in our community for 40 great years. My favorite part of this job is providing needed capital for ...
Elliptic, a firm focused on digital assets decisioning, has launched the Stablecoin Risk Management Suite tailored specifically for banks and financial institutions. Announced recently by Elliptic, ...
A new section in the AICPA’s guide to stablecoins supports operations related specifically to the reporting of asset-backed ...
Here’s how SWIFT and SG-Forge are improving finance with a MiCA-compliant euro stablecoin to settle tokenised bonds.