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Bank of America CEO warns interest-bearing stablecoins could pull $6T from US banks

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....

2hCoinTelegrapheconomics

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....

7hDecrypteconomicsImpact

Germany’s DZ Bank secures MiCA license for ‘meinKrypto’ platform

Retail crypto access will initially cover Bitcoin, Ether, Litecoin and Cardano through participating cooperative banks....

1dCoinTelegrapheconomicsImpact

Stablecoin yields create ‘dangerous’ parallel bank system: JPMorgan exec

JPMorgan chief financial officer Jeremy Barnum told investors in an earnings call that stablecoin yields are a “dangerous and undesirable thing.”...

1dCoinTelegraphcryptocurrencyImpact

World Liberty Financial Stablecoin USD1 Lands on Prediction Market Myriad

Myriad predictors can use the Trump-backed DeFi project’s stablecoin USD1 through its BNB Chain integration....

1dDecryptcryptocurrencyImpact

Crypto-friendly Old Glory Bank plans Nasdaq listing through SPAC

The “digital-first“ bank created in 2022 is set to go public on the Nasdaq, subject to shareholder and regulatory approvals....

2dCoinTelegrapheconomicsImpact

Spain’s Bankinter joins $35M Bit2Me round amid growing bank crypto alliances

Bankinter joins Tether and BBVA in the $35 million investment round after the Spanish crypto exchange received its MiCA license in 2025....

1dCoinTelegraphcryptocurrencyImpact

World central banks rally behind Powell, stress Fed independence

Crypto experts say political pressure on the US Federal Reserve could drive volatility but also shift flows toward Bitcoin and gold in the long run....

2dCoinTelegrapheconomicsImpact

Sui back online after 6-hour outage that halted transactions

Despite a fix from Sui core developers, the Sui Foundation has not provided details on what triggered the network outage....

23hCoinTelegraphTechnologyImpact

Visa taps BVNK to power stablecoin payouts on Visa Direct

Visa has chosen BVNK to power Visa Direct pilots using stablecoins, enabling pre-funded cross-border payouts to wallets in select markets....

1dCoinTelegrapheconomicsImpact

Visa Partners With BVNK to Enable Stablecoin Payouts on Visa Direct

The integration will enable businesses to fund and receive Visa Direct payouts using stablecoins in select markets....

1dDecryptTechnologyImpact

Sui Back Online After 'Network Stall' Leads to Six Hours of Downtime

The Sui blockchain recovered from a nearly six-hour outage Wednesday, marking the network's second major downtime since its 2023 launch....

1dDecryptTechnologyImpact

Why US community banks say the GENIUS Act has a stablecoin loophole

Banks argue that stablecoin rewards offered through exchanges exploit a GENIUS Act loophole, blurring the line between payment tokens and savings accounts....

1dCoinTelegrapheconomicsImpact

Coinbase pulls support for crypto bill: 'no bill' better than 'bad bill'

Coinbase CEO Brian Armstrong raised four crucial points that he believes would make the legislation “materially worse” for the US crypto industry....

21hCoinTelegraphcryptocurrencyImpact

Elon Musk's X Bans Access to ‘InfoFi’ Crypto Projects Amid ‘AI Slop’ Backlash

X is making major changes to its API to prevent access by "InfoFi" crypto projects that seek to incentivize "reply spam," an exec said....

6hDecryptTechnologyImpact

ETH’s back at $3.2K: Will traders flip the level from resistance to support?

Ethereum remains the leader in total value locked, but declining usage and economic uncertainty in the United States may hinder a rally to $4,000....

2dCoinTelegraphcryptocurrencyImpact

Morning Minute: Coinbase Withdraws Support of Clarity Act, Markup Delayed

Brian Armstrong and crew stated that they cannot support the draft bill in its current state, leading to a delay in today's scheduled markup....

8hDecryptcryptocurrencyImpact

Coinbase CEO expects market structure bill markup ‘in a few weeks‘

Brian Armstrong posted to social media late on a Wednesday saying Coinbase couldn't “support the bill as written,“ potentially leading to a postponement in consideration....

2hCoinTelegraphcryptocurrencyImpact

EU Crypto Exchange Bitpanda Eyes $5B IPO in 2026: Report

Bitpanda has reportedly tapped Goldman Sachs, Citigroup, and Deutsche Bank to work on the offering, planned for Frankfurt’s stock exchange....

1dDecryptcryptocurrency

Polymarket’s eye-watering brush with the 1958 Onion Futures Act

Peeling back the layers of the ambiguously-regulated US prediction market...

1dFinancial TimeseconomicsImpact
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CoinTelegraph14
Decrypt8
Financial Times1
The Verge1