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Category american bankers association
Bank of America CEO says stablecoins could drain trillions in bank deposits
BofA CEO Brian Moynihan echoed other banks in warning that $6 trillion in bank deposits were at stake, even as he said the bank will “be fine.”
Jan, 15, 2026
by CoinDesk
JPMorgan downplays stablecoin threat as local bankers warn of $6.6T risk
The ABA sent a letter to the U.S. Senate, saying stablecoins that offer yields will affect its banking members ability to grant loans, but JPMorgan...
Jan, 11, 2026
by CoinDesk
GENIUS Act Key Provisions In Spotlight: XRP Attorney Deaton Alerts To Bankers’ Role
In the lead-up to the potential passage of the crypto market structure bill, known as the CLARITY Act, Faryar Shirzad, Chief Policy Officer at Coin...
Jan, 08, 2026
3 min read
by NewsBTC
Wall Street Joins Consumer Advocates to Call for Edit to GENIUS Act on Stablecoins
U.S. bankers are pushing hard for revisions of the new stablecoin law even before regulators have begun the first steps of writing the rules.
Aug, 14, 2025
by CoinDesk
Wall Street Asks Biden Not to Veto Congress' Rejection of SEC Crypto Policy
In a rare lobbying overlap with crypto world, Wall Street banks and members of Congress are asking President Joe Biden to reverse course on his vow...
May, 31, 2024
by CoinDesk