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Bank lobby targets stablecoin yield and open banking in policy push
22.1.2026
The American Bankers Association’s latest priorities aim to limit how digital dollars earn returns and how financial data is shared as lawmakers debate U.S. crypto market structure legislation
Bank of America CEO says stablecoins could drain trillions in bank deposits
15.1.2026
BofA CEO Brian Moynihan echoed other banks in warning that $6 trillion in bank deposits were at stake, even as he said the bank will “be fine.”
JPMorgan downplays stablecoin threat as local bankers warn of $6.6 trillion risk
11.1.2026
The ABA sent a letter to the U.S. Senate, saying stablecoins that offer yields will affect its banking members ability to grant loans, but JPMorgan disagrees
Wall Street Joins Consumer Advocates to Call for Edit to GENIUS Act on Stablecoins
14.8.2025
U.S. bankers are pushing hard for revisions of the new stablecoin law even before regulators have begun the first steps of writing the rules
CFTC partners up to warn on crypto pig butchering scams
12.9.2024
Multiple US federal agencies have come together to distribute an infographic on crypto pig butchering to help Americans recognize and avoid the scam
US banking lobby last-minute bid to stop Biden vetoing SAB 121 overturn
2.6.2024
The American Bankers Association claims that United States President Joe Biden's move will "harm investors, customers, and ultimately the financial system."
Wall Street Asks Biden Not to Veto Congress' Rejection of SEC Crypto Policy
31.5.2024
In a rare lobbying overlap with crypto world, Wall Street banks and members of Congress are asking President Joe Biden to reverse course on his vow to veto the U.S. congressional resolution to overturn the U.S. Securities and Exchange Commission's (SEC) crypto accounting policy
American Bankers Association Urges House Leaders to Block Fed’s CBDC Plans
21.5.2024
The American Bankers Association (ABA) on Monday urged House leaders to back a bill that would stop the Federal Reserve from creating a CBDC for individuals and using it for monetary policy tools.
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US Senate overturns SEC’s anti-crypto resolution, but will Biden veto? Law Decoded
20.5.2024
The U.S. president remains the last barrier to recalling the problematic anti-crypto resolution by the SEC
American Bankers Association States a CBDC Is ‘Unnecessary’ and Presents ‘Unacceptable Risks’ to the US Financial System
16.9.2023
The American Bankers Association (ABA), an organization that represents banks custodying $18 trillion in deposits and processing $11 trillion in loans, believes that issuing a central bank digital currency (CBDC) in the U.S. is “unnecessary” and would introduce “unacceptable...