Bank of America CEO Says Bank Will Likely Launch Its Own Stablecoin
The United States Congress said that it would push to pass legislation on stablecoins in the first 100 days of the Trump administration.
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Bank of America
The United States Congress said that it would push to pass legislation on stablecoins in the first 100 days of the Trump administration.
Wealth management clients of Wall Street banks like Goldman Sachs, Bank of America, Morgan Stanley in the third quarter continued to modestly accumulate (or trade) bitcoin via the spot bitcoin exchange-traded funds.
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The current macro backdrop has been positive for crypto market cap growth and trading volumes, the report said.
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Investors are likely indifferent to which stablecoins they hold as long as they are perceived as safe and accessible on the largest trading platforms, the report said.
The Coinbase CEO created a Twitter poll posing the question, and a whopping 9% of respondents said “yes.”