The House voted 308 to 122 in favour of the so-called Genius Act to regulate stablecoins, tokens pegged to assets such as the ...

JPMorgan Chase's stock is up 20.9% in 2025, while Citigroup's stock has climbed 32.3%, Morgan Stanley shares have advanced by 12.1%, Goldman Sachs' stock rallied 23.4% and Bank of America's stock has ...

The prospect of a more favorable regulatory environment for digital assets has large lenders exploring or plotting stablecoin ...

The Genius Act may give commercial banks and central banks even more power to control the creation and storing of money, ...

Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly speed electronic payments.

A decade after stablecoins first emerged as an almost instantaneous payment method used mainly by crypto adopters, the Genius Act is giving these coins more solid footing with financial regulators and ...

There would be a great irony if cryptocurrency — which was created in 2008 to provide an alternative to the mainstream financial system that had just failed — led to another economic crash. But that ...

The House of Representatives voted Thursday to pass a trio of cryptocurrency bills pushed for by President Donald Trump.

Congress has passed the first U.S. federal legislation to regulate stablecoins, backed by Donald Trump and supported by both ...

Some large US lenders, including Bank of America (BofA) and Citibank, are working on launching stablecoins at a time when the country is looking to adopt more crypto-friendly regulations.

Bank of America beat estimates for second-quarter profit on Wednesday, driven by tumultuous markets that helped its traders ...