The Senate’s CLARITY Act would explicitly classify XRP as a non-security, removing years of legal uncertainty that kept institutional investors on the sidelines. The CLARITY Act stalled on January 15 ...

MUMBAI, Jan 23 (Reuters) - The Reserve Bank of India on Friday unveiled measures to inject more than $23 billion liquidity into the banking system through a combination of bond purchases, buy/sell FX ...

Columbia Banking System Inc (NASDAQ: COLB) reported upbeat earnings for the fourth quarter on Thursday. The company posted quarterly earnings of 82 cents per share which beat the analyst consensus ...

Stablecoins that offer interest-bearing rewards may increasingly resemble bank deposits. But unlike traditional deposits, they lack the regulatory safeguards that undergird the banking system. That ...

Stablecoin issuers and distributors offering customers access to stablecoin yield may essentially be creating their own parallel ecosystem to bank operations, global bank JPMorgan's chief financial ...

Jeremy Barnum told JPMorgan shareholders that yield-bearing stablecoins risk creating a parallel banking system without the safeguards of traditional regulation. Stablecoins emerged as a topic during ...

Over the past five years, New York’s Ponce Bank has doubled its deposit base, an increase of more than a billion dollars. But its loan portfolio has grown even more. Founded in 1960, Ponce Bank is the ...

Bank of America Chairman and CEO Brian Moynihan said last week that, as President Trump searches for a new chair of the Federal Reserve, maintaining the banking system's independence is paramount. The ...

MUMBAI, Dec 23 (Reuters) - The Reserve Bank of India will infuse about $32 billion worth of rupee liquidity into the banking system over the next month via open market bond purchases and a buy/sell ...

Crypto policy is shifting from talk to implementation as the OCC, FDIC and Federal Reserve begin to sketch a regulatory perimeter for stablecoins and tokenized deposits in the U.S., Bank of America ...

Investors and economists are warning about a piece of the financial system that could pose a risk that is potentially similar in ways to the housing crash that preceded the financial crisis in 2008.