News
The expanded prohibition on stablecoin yield in the CLARITY Act makes the US dollar less competitive than the digital yuan, Scaramucci said.
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Bank of America News
Bank of America (BofA) is an American financial conglomerate providing a wide range of financial services and is one of the largest bank holding companies in the USA in terms of assets. It was founded in 1904 and currently headquartered in Charlotte, NC. BofA has become the first financial establishment that has included cryptocurrency in a report about forthcoming financial risks. According to Bank of America, cryptocurrency is not just a threat for their budget, but it complicates the work of preventing money laundering. Also, the company has shown its dependence on innovations made in the market of financial services, including blockchain technology, which can demand a large amount of spending for its implementation. Despite the fact that the holding has expressed skepticism about using Bitcoin, Bank of America has registered some cryptocurrency-related patents in order to prevent customer outflow.
- News
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.
3144 - News
Standard Chartered is reportedly developing a crypto prime brokerage platform as traditional banks expand digital asset services.
3174 - Newsletter
Big banks aren’t debating crypto anymore — they’re building it. From tokenized cash to ETFs, Wall Street is quietly going onchain.
4853 - News
Bank of America upgraded Coinbase after easing tax-loss selling and shifting short interest, citing product expansion and long-term onchain ambitions.
3937 - News
The investment banking giant’s filings for Bitcoin and Solana ETFs follow an uptick in investor demand for regulated crypto investment vehicles, driven by the new year’s “clean-slate” effect.
4915 - News
Bank of America will enable advisers across Merrill and its private bank to recommend four spot Bitcoin ETFs, expanding beyond client-led access.
5276 - How to
Behind the scenes, US banks are rebuilding core financial infrastructure so cash, custody and funds can move onchain under regulatory oversight.
2132 - News
Issued by SoFi Bank, the dollar-backed token is designed for payments and settlement across banks, fintechs and enterprise platforms.
1748 - News
The latest trial explored multiple stablecoins and showed tokenized US Treasurys can be reused instantly across counterparties on shared infrastructure.
2878 - Market Analysis
Bitcoin’s chance of hitting $100,000 before New Year’s Eve depends on investors’ reaction to the Fed policy pivot, and the market’s response to soaring BigTech and AI company debt.
6874 - News
Bank of America’s wealthiest clients will gain access to Bitcoin ETFs, while its network of over 15,000 wealth advisers can recommend crypto exposure for the first time, Yahoo reported.
5658 - News
Strike CEO Jack Mallers said JPMorgan closed his accounts without explanation, reigniting fears of Operation Chokepoint 2.0 and renewed pressure on crypto companies.
3201 - News
The Singapore-based digital bank plans to broaden its crypto and fiat offerings for institutional clients, citing growing demand for programmable finance.
3722 - News
Fnality raised $136 million in a round led by Bank of America, Citi and WisdomTree to expand its blockchain settlement network.
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