Some big US banks plan to launch stablecoins, expecting crypto-friendly regulations Reuters Bank of America expects to launch stablecoin, Morgan Stanley weighs use Yahoo Finance BoA exploring stablecoins to help move trillions in client transactions, CEO says Cointelegraph Ethereum Shines Bright As Bank Of America Begins Digital Asset Tracking Mitrade Bank of America Joins Stablecoin Rush as CEO Moynihan Says Work Already Underway CoinDesk Source …
Read More »Tag Archives: Stablecoins
Jamie Dimon says JPMorgan Chase will get involved in stablecoins
Jamie Dimon, CEO of JPMorgan Chase, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of de-banking on Feb. 13, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images JPMorgan Chase CEO Jamie Dimon says he doesn’t get the appeal of stablecoins, but he also can’t …
Read More »‘If stablecoins take money…’ Does BoE Governor’s prediction hold weight? – AMBCrypto
‘If stablecoins take money…’ Does BoE Governor’s prediction hold weight? AMBCrypto BOE Governor Bailey Warns Banks Against Issuing Own Stablecoins Bloomberg Bank of England boss warns banks against issuing stablecoins amid global scrutiny The Block Andrew Bailey warns banks against issuing their own stablecoins The Times BOE’s Bailey Slams Bank Stablecoins, Clashes With Trump’s Crypto Wave: The Times Yahoo Finance Source link
Read More »UK Banks Should not Issue Stablecoins
Bank of England (BOE) governor Andrew Bailey recently warned against banks issuing stablecoins, saying that the Bank of England should focus on tokenizing deposits instead. Stablecoins introduce systemic risks to banking institutions that could destabilize the entire financial system, causing sovereign governments to lose control over their currencies, the BOE official told The Sunday Times in an interview. He also …
Read More »What Crypto Week in Congress Means for Stablecoins, CBDCs and Market Rules
U.S. lawmakers may actually get a crypto bill to the president’s desk. The House is set to vote on market structure and stablecoin legislation next week, bringing the U.S. a vital step closer to drafting new rules for the industry. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign …
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