JPMorgan's Dimon says banks 'will not accept' the CLARITY Act and urged Wall Street to fight stablecoin yield rules.
‘The banks will not accept it’: Dimon escalates battle over stablecoin rewards in CLARITY Act debate
JPMorgan CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong and warned the current CLARITY Act framework could ultimately fail, as banks and crypto firms clash over whether stablecoin issuers ...
On July 18, 2025, President Trump signed the Guaranteed Essential National Infrastructure for U.S. Act (the “GENIUS Act”) into law, marking the first comprehensive U.S. federal regulatory framework ...
U.S. lawmakers advance a CLARITY Act compromise as markets price in clearer stablecoin rules and renewed U.S. leadership in digital‑asset regulation.
The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act became law on July 17, 2025, 1 marking the first comprehensive federal framework governing cryptocurrency in the ...
Users will now be able to buy, sell, hold, and convert their SoFiUSD holdings to U.S. dollars directly in the SoFi app, the ...
The digital bank made its SoFiUSD stablecoin available to all members on Wednesday and plans to launch tokenized deposits in ...
Tether plans to issue a stablecoin in Georgia with support from the country’s government, marking a new frontier for the ...
In a moment of regulatory clarity and renewed public curiosity, two seemingly unrelated shifts have brought renewed attention to Jon Fisher and his enterprise venture, VCNT. One is structural. With ...
Electronic Payments International on MSN
Interview: WeFi CEO Maksym Sakharov on remittances and B2B leading stablecoin adoption
Maksym Sakharov, the CEO and co-founder of WeFi, tells Satarupa Bhowmik about the future of the stablecoin market, real-world ...
Stablecoins have experienced substantial growth across the globe over the past year, with a 63% year-over-year increase in adjusted transaction volume - but U.S. banks have lagged behind this ...
Charles Dickens wrote A Tale of Two Cities in 1859, set against the turmoil of the French Revolution. Today, the traditional financial services system is undergoing its own upheaval: a reconstruction ...
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