Tag: US Banks
Stablecoin Yield Debate Grows as Banks Push Back on Clarity Act Rules
U.S. banks oppose stablecoin yield sharing in the Clarity Act, citing risks to traditional bank deposits. Stablecoins backed by U.S. Treasuries generate 4–5% yield, higher…
River Says 60% Of US Top Banks Are Ready For Bitcoin
Over half of the top 25 USbanks now offer or plan to provide Bitcoin services like trading and custody, according to a recent report from…
US Banks Moved $312B for Chinese Money Launderers In The Last 5 Years, But Critics Still Blame Crypto
US banks laundered $312 billion for Chinese money networks from 2020, while regulators continue to unfairly target crypto. The period between 2020 and last…
Abra Strengthens Its Money Transfer Industry Position As Over 50 US Banks Are Now Supported
Ever since the Abra platform launched, bitcoin users have been quite curious to see how things will play out. Growing such an important money transfer…
