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Bank of America CEO Brian Moynihan warned that up to $6 trillion in deposits, representing roughly 30% to 35% of all U.S. commercial bank deposits, could migrate from the traditional banking system into stablecoins if Congress permits interest payments on the digital tokens under pending legislation

Bank of America CEO Brian Moynihan told analysts that up to $6 trillion in commercial bank deposits could migrate to stablecoins if legislation allows interest payments on digital dollar holdings. The figure represents roughly 30% to 35% of total U.S. commercial bank deposits. Moynihan attributed th

Morgan Stanley has taken a further step into digital assets, filing to launch investment products tied to both Bitcoin (BTC) and Solana (SOL), signaling that the Wall Street bank is moving beyond exploratory exposure and toward direct participation in the rapidly expanding cryptocurrency fund market

Bank of America CEO Brian Moynihan raised the bank's growth forecast for the US economy to 2.4% in 2026, citing expected impacts from tax legislation and business investments, while cautioning that consumer spending patterns and geopolitical risks could undermine projections. What Happened: Growth F

Bank of America now allows advisers to proactively recommend cryptocurrency investments to wealthy clients across its wealth management platforms, marking a significant shift in the bank's approach to digital assets. The guidance applies to clients at Merrill, Bank of America Private Bank and Merril