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Bitwise Chief Investment Officer Matt Hougan launched a pointed attack against JPMorgan Chase this week, escalating tensions between cryptocurrency firms and America's largest banks over congressional efforts to restrict stablecoin yields. The confrontation represents the latest flashpoint in what i

A senior Citi executive has warned that allowing interest payments on stablecoin deposits could trigger massive outflows from traditional banks, potentially draining $6.6 trillion from the banking system in a scenario reminiscent of the money market fund surge that disrupted finance in the 1980s. Wh

Major finance industry organizations are urging global banking regulators to reconsider restrictive cryptocurrency standards scheduled to take effect in January 2026. The groups argue that evolving market conditions since 2022 have rendered the proposed Basel Committee rules economically prohibitive

Chainlink climbed more than 27% this week, breaking above $21 for the first time since late 2024, driven by expanding institutional partnerships and significant whale accumulation. The oracle network's deepening collaboration with SWIFT now connects over 11,000 financial institutions to public and p

Major financial institutions including Bank of America and Fiserv are preparing to launch dollar-backed cryptocurrency tokens following President Donald Trump's signing of the GENIUS Act on July 18, which established the first federal regulatory framework for stablecoins. However, industry experts c