U.S. President Donald Trump and Coinbase CEO Brian Armstrong met behind closed doors shortly before the president said bankers are trying to …
Banks
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Markets
Eric Trump, World Liberty co-founder, calls banks 'anti-American' over stablecoin fight
by shayaanby shayaanThe World Liberty Financial co-founder and presidential son posted about the ongoing negotiations on stablecoin yield on Wednesday. www.coindesk.com
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Markets
Trump’s crypto adviser rejects Dimon on treating yield-bearing stablecoins like banks
by shayaanby shayaanWhite House adviser Patrick Witt said yield-bearing stablecoins needn’t to face bank rules because the Genius Act bars issuers from lending reserves. …
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Markets
JP Morgan CEO Jamie Dimon says stablecoin issuers paying interest should be regulated as banks
by shayaanby shayaanDimon argued stablecoin issuers paying interest should meet bank standards as talks continue in Washington about the CLARITY Act. www.coindesk.com
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Markets
Trump urges passage of U.S. Clarity Act, attacks banks for 'undercutting' GENIUS
by shayaanby shayaanU.S. President Donald Trump said in a post on Truth Social that the banking industry is trying to undermine the stablecoin bill …
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Brent crude oil is trading like a geopolitical asset again, and that is forcing Bitcoin back into a macro test it has …
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The Federal Reserve is facing a growing policy crossroads as crypto firms and traditional banks clash over a proposal that could reshape …
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Brad Garlinghouse, chief executive officer at Ripple, has stated that banks need to act in “good faith” when it comes to the …
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Regulation
US Banks Report $306,100,000 in Unrealized Losses As Number of Lenders in ‘Problem Banks List’ Jumps
by shayaanby shayaanThe amount of unrealized losses on American banks’ balance sheets remains “elevated,” according to the Federal Deposit Insurance Corporation. In its new …
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David Sacks says the crypto industry has already made serious compromises, and now he believes banks must respond. Speaking at a White …