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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

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....

Jan 13CoinTelegraphcryptocurrencyImpact

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

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....

5dCoinTelegraphPoliticsImpact

China-led CBDC project mBridge tops $55B in cross-border payments

In 2024, the Bank for International Settlements stepped back from mBridge, seeking to distance itself from sanctions-related speculation surrounding the platform....

4dCoinTelegrapheconomicsImpact

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

KBC Bank to launch Bitcoin and Ether trading in Belgium under MiCA

Belgian bank KBC will launch bitcoin and ether trading for retail investors via its Bolero platform as Belgium’s MiCA regime comes into force....

6dCoinTelegrapheconomicsImpact

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

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

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....

18hDecrypteconomicsImpact

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

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....

1dCoinTelegraphcryptocurrency

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

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....

Jan 15CoinTelegraphcryptocurrencyImpact

Coinbase CEO Seeks ‘Win-Win’ on Market Structure Bill in Davos Charm Offensive

Brian Armstrong is set to meet bank CEOs a week after Coinbase pulled support for the crypto market structure bill....

1dDecryptcryptocurrencyImpact

Iran‘s central bank acquired $507M in USDt to prop up rial: Elliptic

The Central Bank of Iran reportedly stockpiled more than half a billion dollars worth of USDt amid escalating protests and crypto usage in the country....

14hCoinTelegrapheconomicsImpact

Crypto Privacy Coins Are Going Nuts: Will It Last?

Monero breaks into all-time-high territory while Dash records its largest move since October. The privacy sector is heating up—here's what's driving it....

Jan 13DecryptcryptocurrencyImpact

Aave refocuses on DeFi, hands Lens stewardship to Mask Network

Mask Network will lead consumer-facing product execution on Lens, while Aave steps back to an advisory role focused on protocol infrastructure....

1dCoinTelegraphTechnology
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