Major banks like JPMorgan and Citigroup see stablecoins as a threat to established payment methods; therefore, they are getting ready to compete. The passage of the stablecoin bill, along with other ...

Large US banks are paying close attention to the emergence of stablecoins as an increasingly serious rival to established banking services. On recent earnings c ...

Investors bet passing of Genius Act and other legislation will send billions of Wall Street dollars into digital assets ...

“Crypto Week,” as it was dubbed by GOP leadership, culminated in a bipartisan 308-122 House vote approving the GENIUS Act, a ...

There would be a great irony if cryptocurrency — which was created in 2008 to provide an alternative to the mainstream financial system that had just failed — led to another economic crash. But that ...

The GENIUS Act gives stablecoins real legal backing, paving the way for instant payments, lower fees, and a safer digital ...

Wall Street cautions against firing Powell, Nvidia's geopolitical balancing act pays off, and banks score an 'A' from ...

A key federal banking regulator is set to receive a wave of charter applications under stablecoin legislation heading to ...

The Genius Act may give commercial banks and central banks even more power to control the creation and storing of money, ...

The crypto industry today scored its biggest win in Congress with the passage in the House of Representatives of the Genius Act. The bill, which the Senate cleared last month, legitimizes and ...

Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly speed electronic payments.