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Banks warn stablecoins could siphon deposits from the banking system, but policy and regulatory experts say there’s little evidence of it happening yet. Banks warn that stablecoins, especially those ...
Coinbase CEO Brian Armstrong warned that major banks are lobbying to weaken President Trump’s crypto agenda by pushing Senate legislation that would ban stablecoin rewards. Coinbase CEO Brian ...
The regulatory bottleneck in Washington is masking a trillion-dollar threat to the U.S. banking core. The rise of stablecoins is moving beyond emerging markets to become a direct threat to domestic ...
PNC Bank CEO Bill Demchak hit back against the growing push from crypto firms to offer interest on stablecoins, saying the tokens are trying to serve two roles at once — something traditional finance ...
Kazakhstan’s President Kassym-Jomart Tokayev signed new laws creating licensed crypto exchanges and giving the central bank authority to approve tradable coins. Kazakhstan’s President Kassym-Jomart ...
Yield-bearing stablecoins are drawing attention from U.S. banks and regulators as the gap between bank deposits and digital cash products narrows. These tokens began as tools for trading and ...