Banks are stepping away from some commodity payments because of worries about hidden ties to Iran. The result is a surge in the use of stablecoins, especially Tether’s USDT, by traders who need quick and reliable ways to move money. The global trade finance market is worth about $2 trillion, b
Banks need three things from a blockchain that most public chains miss: the ability to keep parts of a transaction hidden, a reliable order of operations that can’t be hijacked by bots, and tools that let them prove compliance without broadcasting secrets. Public ledgers expose every move to anyo
Bank of America’s analyst Ming‑Hsun Lee has refreshed his view on the Chinese tech firm Pony AI Inc. , keeping a Buy rating and suggesting a target price of HK$148. 00 for the stock. Lee’s focus is on consumer‑cyclical companies, and he has a solid track record: an average return of 16. 5 % and a su
Banks are testing ways to put their money onto blockchains, a move that could reshape how payments work. The idea is called tokenized deposits: digital tokens that represent real bank balances on a distributed ledger. These tokens are not just a new form of money; they stay tied to the bank’s own li
Bank of America has added Ligand Pharmaceuticals to its list of stocks it recommends buying, setting a new price target at $244. The move comes as the bank highlights Ligand’s business model, which focuses on high‑margin products and a lower level of risk compared to many other biopharma companies.
Banks and regulators have announced that digital versions of securities, known as tokenized securities, will be treated exactly like their conventional counterparts when it comes to capital requirements. The Federal Reserve, the FDIC, and the Office of the Comptroller of the Currency explained that
Banks are diving into AI, and it's a big deal. For the third year, it's the hottest trend in finance. But it's not all smooth sailing. AI brings both benefits and risks. On one hand, it boosts efficiency and improves customer service. On the other, it opens doors to fraud, deepfakes, and voice cloni
Banks in the euro area might struggle to get money from markets, especially in dollars and other foreign currencies, if global tensions keep rising. This warning came from the European Systemic Risk Board (ESRB) on a Thursday. Recently, things got tense between Europe and the U. S. over President T
Banks are in a tough spot right now. President Trump has suggested capping credit card interest rates at 10% for a year. This idea has caused quite a stir in the finance world. Banks are trying to figure out what to do next. The problem is, there's no clear plan on how this cap would work. The Whit
Bank of America is now telling its rich clients to put some money into Bitcoin. They say it's okay to put 1% to 4% of their money into Bitcoin. This is a big deal because Bank of America is one of the biggest banks in the US. They will let their clients buy Bitcoin through special funds starting Ja
