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Bank of America CEO says banking is likely to launch its own stableecoin

Bank of America, who has historically taken a back seat in the crypto industry, is prepared to launch its own dollar -backed stablecoin, whose US legislators approve legislation that allows it to do so, his CEO said Tuesday. “If they do it legally, we will go into that business,” said Bank of America CEO Brian […]

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One of 2 remaining Democrats on the US CFTC will quit when new chair arrives

The US Commodity Futures Trading Commission (CFTC) could have an even stronger Republican majority when the President elected by President Donald Trump arrives, with the announcement on Wednesday that Democratic Commissioner Christy Goldsmith Romero will resign after this expected confirmation. If Trump -nominated Brian Quintenz, a former Republican Commissioner at the Agency, is approved by

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PAXG, XAART OPERESS When gold prices get

While Spot Bitcoin Exchange-Traded Funds yesterday recorded their biggest daily outflow ever as investors drew nearly $ 1 billion, Spot Gold ETF still sees great influxes, a potential blessing of gold-supported cryptocurrencies. Physically supported gold-ETFs last week saw their biggest weekly influx since March 2022 according to data from World Gold Council, which showed influx

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Avalanche Visa cards go live that aims to promote the mass uptake of crypto

Avalanche Foundation, the non-profit that helps the steward the development of Avalanche Blockchain, said its highly expected Avalanche card, a VISA credit card that allows users to buy goods with their cryptocurrency, is live and Ready to be used. The card was developed in collaboration with Rain, a blockchain-based map-issuing platform. It allows users to

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