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A new report highlights how the demand for stablecoins and the tokenization of assets pose challenges for money market funds without significantly altering Treasury bill dynamics.
Bank of America plans to launch a stablecoin, with CEO Brian Moynihan indicating preparations are in progress, amid ongoing regulatory discussions in Congress.
The anticipated conclusion of the Federal Reserve's tightening measures may benefit Bitcoin and other assets, though potential stagflation may limit gains.
Bakkt Holdings experiences a significant drop in stock price after Bank of America and Webull decide not to renew their contracts.
The Bank of America CEO indicated that the bank may launch a stablecoin once Congress legalizes it, amidst a shift in the regulatory landscape.
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