Crypto
Bank of America Enters Stablecoin Market as CEO Moynihan Says Development Underway
Bank of America plans to launch a stablecoin, with CEO Brian Moynihan indicating preparations are in progress, amid ongoing regulatory discussions in Congress.
Crypto
Bitcoin Seeks Support from U.S. Federal Reserve Amid Predictions of Ending Quantitative Tightening
The anticipated conclusion of the Federal Reserve's tightening measures may benefit Bitcoin and other assets, though potential stagflation may limit gains.
Finance
Bakkt Shares Plummet 35% Following Loss of Two Key Clients
Bakkt Holdings experiences a significant drop in stock price after Bank of America and Webull decide not to renew their contracts.
Business
Bank of America Plans to Introduce Its Own Stablecoin
The Bank of America CEO indicated that the bank may launch a stablecoin once Congress legalizes it, amidst a shift in the regulatory landscape.
