Some large US lenders, including Bank of America (BofA) and Citibank, are working on launching stablecoins at a time when the country is looking to adopt more crypto-friendly regulations.

A decade after stablecoins first emerged as an almost instantaneous payment method used mainly by crypto adopters, the Genius Act is giving these coins more solid footing with financial regulators and ...

Congress has passed the first U.S. federal legislation to regulate stablecoins, backed by Donald Trump and supported by both ...

The House voted 308 to 122 in favour of the so-called Genius Act to regulate stablecoins, tokens pegged to assets such as the ...

Bank of America weighs stablecoin plan; Morgan Stanley, Citi, JPMorgan monitor. Trump-backed crypto bills may reshape ...

The president reportedly brandished a letter firing the Fed chair, then backed off, saying he likely wouldn’t dismiss him ...

The prospect of a more favorable regulatory environment for digital assets has large lenders exploring or plotting stablecoin ...

Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the ...

House Freedom Caucus Members reached an agreement tonight to advance the President’s cryptocurrency agenda and, as part of ...

The company deployed automated coding tools to its 17,000 software developers, CEO Brian Moynihan said Wednesday.

According to the latest Global Fund Manager Survey from Bank of America (BoA), some 29% expect productivity gains from ...

“We feel both the industry and ourselves will have responses. We’ve done a lot of work,” Moynihan told Reuters. He added that investors can expect the lender to move forward with it soon. “It’s ...