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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 ...
Bank of America CEO Brian Moynihan addressed the bank's evolving stance on stablecoin and digital payments.
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 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.