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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....

6dCoinTelegrapheconomics

Belarus creates legal framework for ‘cryptobanks’ in new presidential decree

The rules allow banks to combine token activity with payments and financial services under central bank and tech park oversight....

6dCoinTelegraphPoliticsImpact

Central banks vs Bitcoin: Who deserves the public’s trust?

At the World Economic Forum in Davos, the French central bank governor and Coinbase CEO clashed over whether trust in money comes from institutions or decentralized Bitcoin....

23hCoinTelegrapheconomics

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....

Jan 13CoinTelegrapheconomicsImpact

Gen Z Americans Trust Crypto More Than Banks, Seeking ‘Agency and Control’

Consumer research shows trust for crypto is shaped by control and access, with their habits now reaching policy moves on housing....

32mDecryptcryptocurrency

Ray Dalio warns of banks shying away from fiat, praises gold surging

The hedge fund manager said central banks were not handling fiat in the same way, warning of a breakdown in the global monetary order....

1dCoinTelegrapheconomicsImpact

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....

Jan 14CoinTelegrapheconomicsImpact

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....

6dDecrypteconomicsImpact

Gen Z and Millennials see crypto as future of finance, Boomers stick with banks

With Boomers controlling more than half of US household wealth, the coming generational transfer could funnel a portion of this capital into crypto markets, a new OKX survey shows....

1dCoinTelegraphcryptocurrencyImpact

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....

Jan 14CoinTelegrapheconomicsImpact

Crypto’s bank-like turn puts JPMorgan on edge

Banks and crypto firms are converging fast, as yield-bearing stablecoins, ETF filings and tokenized markets test the boundaries of financial regulation....

5dCoinTelegraphcryptocurrencyImpact

ZKsync sets 2026 roadmap focused on privacy and institutional adoption

ZKsync’s 2026 plan shifts focus from experimentation to production-ready infrastructure designed for banks, enterprises and regulated financial systems....

Jan 13CoinTelegraphTechnology

Kazakhstan limits crypto trading to central bank-approved coins

Kazakhstan’s President Kassym-Jomart Tokayev signed new laws creating licensed crypto exchanges and giving the central bank authority to approve tradable coins....

3dCoinTelegraphcryptocurrency

Binance Restores Real-Time Bank Transfers for Australian Users

Binance Australia has reopened direct dollar deposits and withdrawals after more than two years of disrupted banking access....

3dDecryptcryptocurrencyImpact

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.”...

Jan 14CoinTelegraphcryptocurrencyImpact

Iran's Central Bank Acquired $507M in Tether’s USDT Stablecoin: Elliptic

The Central Bank of Iran no longer holds any of the flagged USDT, after using it to support the rial and settle international transactions....

21hDecrypteconomicsImpact

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....

Jan 13CoinTelegrapheconomicsImpact

‘Totally absurd’: Circle CEO rejects bank run fears over stablecoin yields

At the World Economic Forum, Circle CEO Jeremy Allaire rejected claims that stablecoin yields could spark bank runs, pointing to money market funds and broader shifts in finance....

51mCoinTelegrapheconomicsImpact

South Korea weighs ending one bank rule for crypto exchanges: Report

South Korea is reportedly reviewing exclusive bank partnerships for crypto exchanges as regulators assess competition and prepare the Digital Asset Basic Act....

2dCoinTelegraphcryptocurrency

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....

Jan 14CoinTelegraphcryptocurrencyImpact
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