Bank earnings surge as stablecoin rules face delay Bank of America reported stronger-than-expected first-quarter results with growth across all segments, while the American Bankers Association ...
Bank of America Chief Executive Brian Moynihan is telling lawmakers that forcing stablecoin issuers to pay interest could take trillions away from banks, reduce lending capacity, and raise borrowing ...
The White House argued that both large and small banks would benefit from the additional loan growth they projected, and that ...
The U.S. banking industry continues to fight stablecoin legislation that is working its way through Congress. A lobby group for major American lenders such as JPMorgan Chase (JPM), Bank of America ...
Kraken, a popular crypto trading firm in the U.S., announced on March 4 that the Federal Reserve Bank of Kansas City has approved the master account request of Kraken Financial. The approval makes ...
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The privacy debate has been thrust onto the main stage with a U.S. Treasury report published a couple of weeks ago on the threat posed by criminal use of digital assets, and how this can be countered.