Tag: bankers

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Crypto trading firm FalconX confidentially files with SEC for IPO, hires bankers

Crypto trading firm FalconX has confidentially filed a draft S-1 registration statement with the Securities and Exchange Commission (SEC), the initial step toward a...

The battle for the digital euro is heating up as central bankers clash over how to take on Tether

France’s central bank deputy governor called Tuesday for the "mobilization of all relevant European players, public and private,” to develop tokenized money.Beau’s comments are...

American Bankers Attempt Last Ditch Effort To Kill Crypto Market Structure Bill Regarding Stablecoins

American Bankers Association (ABA) CEO Rob Nichols sent an emergency Sunday letter to every bank CEO in the country, urging “immediate engagement”...

Bankers rebuff White House claim that stablecoin yield doesn’t threaten deposits

The crypto industry's chief effort in U.S. policy — the Digital Asset Market Clarity Act — has remained held up on a point about...

White House study bolsters crypto’s stance in stablecoin yield fight against bankers

A White House report released Wednesday directly challenges the banking industry's claims that stablecoin yields would drain deposits and weaken lending to households and...

Bankers rage against stablecoins with Clarity Act hamstrung ahead of US midterms – DL News

ABA members slam stablecoins, framing them as a potential threat to the economy.The volley comes as the Clarity Act remains hamstrung over core disagreements.But...

Crypto group counters Wall Street bankers with its own stablecoin principles for bill

The current impasse over stablecoin yields in the U.S. Senate's crypto market structure bill is now in writing, and the crypto side is holding...

How a battle with bankers tarnished crypto's market structure bill near the finish line

The crypto industry contends that Wall Street giants stood behind community banks to undercut digital competitors before they could get a major legislative win.

JPMorgan downplays stablecoin threat as local bankers warn of $6.6 trillion risk

The ABA sent a letter to the U.S. Senate, saying stablecoins that offer yields will affect its banking members ability to grant loans, but...