Supporters say it could unlock faster, cheaper forms of payments and bring legitimacy to US$265 billion market Read more at straitstimes.com. Read more at straitstimes.com.

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.

JPMorgan Chase's stock is up 20.9% in 2025, while Citigroup's stock has climbed 32.3%, Morgan Stanley shares have advanced by 12.1%, Goldman Sachs' stock rallied 23.4% and Bank of America's stock has ...

Cryptocurrency has gained a hold in Americans’ investment portfolios and their retirement accounts — and now it’s a step ...

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 ...

Brian Moynihan says Trump definitely shouldn’t fire Powell so expect it by the end of the day; and more!

Unlike more volatile cryptocurrencies, stablecoins are designed to hold their value and settle payments instantly, around the clock.

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

U.S. Bancorp notched a rise in earnings for the latest quarter as it benefited from a lower loan-loss provision and growth in fee income. Jittery markets are swelling trading revenue and profit, ...

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