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Bank of America CEO Brian Moynihan has confirmed that the bank plans to enter the stablecoin market, should US regulations allow it. Speaking at a Washington, D.C. event on Tuesday, Moynihan said ...
The Senate on Tuesday passed a bill that would establish the first federal framework for dollar-backed cryptocurrencies known as stablecoins, a major victory for an industry that has pushed for ...
Bank of America CEO Brian Moynihan addressed the bank's evolving stance on stablecoin and digital payments.
Bank of America CEO Brian Moynihan said Wednesday that the country’s second-largest bank is going to take a look at stablecoins after key crypto legislation passes.
Bank of America CEO Brian Moynihan said Wednesday that the country’s second-largest bank is going to take a look at stablecoins after key crypto legislation passes.
The U.S. Senate has passed a bill to create a regulatory framework for stablecoins, a once-niche corner of the crypto industry that is gaining traction among global companies.
Bank of America has taken part in discussions with several other large banks — including JPMorganChase, Citigroup and Wells Fargo — about the possibility of issuing a joint stablecoin, according to ...
On that front, Bank of America (BAC) Chief Executive Brian Moynihan said in February that the bank was likely to issue a stablecoin once legislation was passed.
The stablecoin issuer's initial public offering is widely seen as a bellwether for the cryptocurrency industry at large. Circle's stock traded as high as $95.98 midday Thursday, nearly triple its ...
In February, Bank of America CEO Brian Moynihan said the Charlotte-based lender could introduce a stablecoin if regulation allows.