Bank of America: The U.S. banking industry is moving towards an on-chain future
Show original
Bank of America pointed out that faster US stablecoin and charter regulations are bringing cryptocurrencies into the regulated banking system, driving banks toward an on-chain future. As the OCC grants conditional national trust bank charters to five digital asset companies, US cryptocurrency rulemaking will accelerate. Bank of America expects the FDIC and Federal Reserve to follow up with stablecoin capital, liquidity, and approval rules based on the GENIUS Act. The report suggests that banks should embrace blockchain, citing JPMorgan and DBS's tokenized deposit pilots on both public and permissioned blockchains.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
FDIC proposes application procedures for banks to issue stablecoins through subsidiaries
Chaincatcher•2025/12/16 17:06
FDIC Proposes Application Process for Banks to Issue Stablecoins through Subsidiaries
BlockBeats•2025/12/16 17:04
Lingxi, a digital collection platform under JD.com, announced the opening of its gifting function.
Cointime•2025/12/16 16:56
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$87,614.02
+1.53%
Ethereum
ETH
$2,942.83
-1.26%
Tether USDt
USDT
$0.9998
-0.02%
BNB
BNB
$871.1
+2.28%
XRP
XRP
$1.93
+1.12%
USDC
USDC
$1
+0.01%
Solana
SOL
$128.21
+1.70%
TRON
TRX
$0.2808
+0.47%
Dogecoin
DOGE
$0.1320
+2.01%
Cardano
ADA
$0.3887
+1.86%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now