Live Ticker
🔥 Buzzing: Wall Street ramps up crypto treasury holdings|BTC$96,420+2.8%ETH$2,780+4.1%SOL$194+5.3%DOGE$0.28-1.2%XRP$2.34+1.9%
Advertisement
Topic Archive

#commercial banks

2 Stories Found
Advertisement
U.S. Democratic Sweep Could Be the Final Nail in the ‘Clarity Act’s coffin’
Coins•

U.S. Democratic Sweep Could Be the Final Nail in the ‘Clarity Act’s coffin’

Key Highlights The cryptocurrency sector allocated at least $125.5 million in lobbying funds targeting Republicans, yet the Clarity Act failed to advance in September. Industry analysts say the bill’s legislative prospects have narrowed following Democratic victories in both chambers of Congress and ongoing friction between banks and digital asset firms. Despite the political deadlock surrounding ...

Banks Could Slow Stablecoin Growth by Raising Rates for Savers, BIS Paper Finds
Coins•

Banks Could Slow Stablecoin Growth by Raising Rates for Savers, BIS Paper Finds

Key Highlights Bank of America CEO Brian Moynihan warned that as much as $6 trillion in traditional deposits could shift toward yield-generating stablecoins and related instruments. Research from the Federal Reserve and the Bank for International Settlements (BIS) indicates that while stablecoin reserves may flow back into banks, the shift alters funding stability and raises ...