Tokenization is the next big step in how financial assets are housed, and offers advantages over existing traditional structures, Wall Street firm …
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BofA
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Finance
Tokenization Offers ‘Enhanced Liquidity,’ but Faces Major Hurdles, BofA Says
by shayaanby shayaanTokenization is the next big step in how financial assets are housed, and offers advantages over existing traditional structures, Wall Street firm …
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Adoption
BofA CEO confirms bank is exploring stablecoins for potential payment revolution
by shayaanby shayaanBank of America is taking early steps to explore stablecoins as a way to modernize its payment systems and handle trillions of …
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Markets
Bitcoin Under Pressure as Goldman Trims Fed Rate Cut Expectations, BofA Sees Potential Hike After Blowout Jobs Report
by shayaanby shayaanBitcoin (BTC) started the new week on a negative note as major investment banks reassessed their expectations for Federal Reserve (Fed) rate …
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Regulation
Bank of America Bracing for $800,000,000 Loss As Investigators Probe BofA, JPMorgan Chase and Wells Fargo’s Alleged Refusal To Reimburse Customers
by shayaanby shayaanThe second-largest US bank by total assets says it’s preparing for significant losses due to ongoing regulatory issues. In a new filing …