Bank of America

Bank of America holds millions in cryptocurrency investments—discover how this affects the market and what opportunities await savvy investors.

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5 months ago

Crypto Market Sentiment for 2025-05-29

Market Overview The overall market sentiment reflected in the news headlines is positive, primarily highlighting significant advancements and developments in the cryptocurrency and blockchain sectors. Key Events and Trends Ethereum’s Market Performance:

Apple·Bitcoin·Bitwise·

1 month ago

Bitwise CEO Predicts Tech Giants Will Challenge Traditional Banks with Cryptocurrency

Transformation in Financial Services Hunter Horsley, the Chief Executive Officer of Bitwise, a prominent firm specializing in cryptocurrency with substantial assets under its management, foresees an impending transformation in the financial services

Bitcoin·CBDC·

5 months ago

Santander Explores Retail Cryptocurrency Services and the Outlook for Stablecoins

Banco Santander’s Shift to Cryptocurrency Services In a notable shift in the banking sector’s approach to digital assets, Banco Santander SA is reportedly reviewing the launch of cryptocurrency services tailored for retail

Leading Global Banks Unite to Investigate Stablecoin Opportunities

International Banks Collaborate on Stablecoin Initiative In a significant move within the financial sector, several leading international banks are collaborating to investigate the stablecoin market. This consortium includes renowned institutions such as

4 weeks ago

Legal

SWIFT Ventures into Blockchain Payments with Linea Layer 2 Technology

SWIFT’s Blockchain Initiative The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has announced its intention to build a blockchain-based payment settlement system using the Layer 2 solution called Linea. This significant update

1 month ago

Ethereum

G7 Nations Forge Paths in Stablecoin Regulation Amid Global Financial Landscape Shift

Introduction As regulatory bodies around the world intensify their focus on stablecoins, the Group of Seven (G7) nations are taking significant strides in establishing frameworks and guidelines for these digital currencies. The

1 month ago

Legal

Quantexa Unveils Anti-Money Laundering Solution for U.S. Financial Institutions Amid Crypto Concerns

Quantexa Launches New Cloud-Based AML Tool Quantexa, a London-based analytics and data solutions company, announced on Wednesday the launch of a new cloud-based anti-money laundering (AML) tool specifically designed for mid-sized and

2 months ago

Legal

New York Lawmaker Declares Stablecoins Subject to Crypto Tax Despite Controversy

New York Assemblymember Phil Steck’s Cryptocurrency Tax Proposal Assemblymember Phil Steck from New York has clarified that his proposed cryptocurrency tax will not provide any leniency for stablecoins used in everyday transactions.

3 months ago

Legal

Bank of America Report: Stablecoins Could Revolutionize Cross-Border Payments with Potential Demand of Up to $75 Billion

Bank of America’s Report on Stablecoins A recent report from Bank of America has delved into the revolutionary potential of stablecoins within the financial landscape. Despite ongoing regulatory challenges, these digital currencies

3 months ago

Legal

Citigroup set to enhance cryptocurrency offerings with custody and payment solutions for ETFs and stablecoins

Citigroup’s Expansion into Cryptocurrency Citigroup is gearing up to deepen its involvement in the cryptocurrency sector by exploring opportunities in custody solutions and payment services for stablecoins and cryptocurrency exchange-traded funds (ETFs).

3 months ago

Bitcoin·Legal

MetaMask to Launch mmUSD Stablecoin in Collaboration with Stripe

MetaMask’s Upcoming Stablecoin Launch MetaMask is poised to launch a new stablecoin, known as mmUSD, possibly as soon as this Thursday, according to an insider familiar with the plans who spoke to

3 months ago

Ethereum·Legal

New Regulatory Landscape for Stablecoins: The GENIUS Act’s Implications and Challenges

Introduction to the GENIUS Act The recent enactment of the GENIUS Act marks a significant milestone in the regulation of stablecoins in the United States, providing a structured framework for these digital

3 months ago

Legal

Bakkt Divests Loyalty Division to Strengthen Focus on Crypto Infrastructure

Bakkt Holdings Inc. Divests Loyalty Services Bakkt Holdings Inc., a prominent player in crypto custody and trading, is divesting its loyalty services segment as part of a strategic shift towards establishing itself

3 months ago

Bitcoin

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Bank of America

Crypto Market Sentiment for 2025-05-29

Bitwise CEO Predicts Tech Giants Will Challenge Traditional Banks with Cryptocurrency

Santander Explores Retail Cryptocurrency Services and the Outlook for Stablecoins

Leading Global Banks Unite to Investigate Stablecoin Opportunities

SWIFT Ventures into Blockchain Payments with Linea Layer 2 Technology

G7 Nations Forge Paths in Stablecoin Regulation Amid Global Financial Landscape Shift

Quantexa Unveils Anti-Money Laundering Solution for U.S. Financial Institutions Amid Crypto Concerns

New York Lawmaker Declares Stablecoins Subject to Crypto Tax Despite Controversy

Bank of America Report: Stablecoins Could Revolutionize Cross-Border Payments with Potential Demand of Up to $75 Billion

Citigroup set to enhance cryptocurrency offerings with custody and payment solutions for ETFs and stablecoins

MetaMask to Launch mmUSD Stablecoin in Collaboration with Stripe

New Regulatory Landscape for Stablecoins: The GENIUS Act’s Implications and Challenges

Bakkt Divests Loyalty Division to Strengthen Focus on Crypto Infrastructure

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DeFi Liquidation Crisis Unfolds: $93 Million Lost and Possible Future Risks

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South Korea Weighs Potential Sanctions Against North Korea Amid U.S. Crypto Measures

Coinbase Leaders Advocate for Unified Crypto Regulation Linking Stablecoins and Market Structure

Collaborative Effort Between Binance and Buenos Aires Aims for Responsible Crypto Adoption Amidst Controversies

Bank of America

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