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News for tag: "banking system"
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Bank of America CEO Warns Stablecoins Threaten Trillions in Bank Deposits
15.01.2026 18:21
The CEO of Bank of America, Brian Moynihan, has issued a stark warning about the potential impact of stablecoins on the traditional banking system. He stated that widespread adoption of these digital ...
Neutral
JPMorgan CFO Warns Stablecoin Yields Creating \'Parallel Banking System\' - Crypto Regulation Debate
13.01.2026 21:48
The Chief Financial Officer of JPMorgan Chase, Jeremy Barnum, has raised significant concerns regarding the practice of offering yields on stablecoins, comparing it to the emergence of a \"parallel ba...
Neutral
Senate Banking Committee Advances FDIC Nominee Travis Hill to Full Senate Confirmation Vote
19.11.2025 19:18
The Senate Banking Committee has officially advanced the nomination of Travis Hill for a key position at the Federal Deposit Insurance Corporation (FDIC), moving his confirmation process to a full Sen...
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Basel Committee Chair Calls for Crypto Capital Rules Overhaul in Global Banking System
19.11.2025 16:21
The Basel Committee on Banking Supervision chairman has declared that current capital requirements for banks holding cryptocurrency assets require significant revisions, according to Financial Times r...
Bullish
Crypto Custody Revolution: How Banking Standards Are Being Redefined for Digital Assets
05.11.2025 21:18
The cryptocurrency custody landscape is undergoing significant transformation as traditional banking institutions adapt to digital asset standards. Financial institutions are developing new custody fr...
Bullish
DWS Report: Stablecoins Becoming Core Payment Infrastructure with $250B Market Cap
14.10.2025 18:51
Stablecoins are rapidly transitioning from specialized digital assets to fundamental payment infrastructure, according to leading asset manager DWS.Boasting a combined market capitalization exceeding ...