Legacy banks are beginning to embrace digital assets, and Bank of America ($BAC) is the latest to prepare for a potential U.S ...

Bank of America is developing a fully dollar-backed stablecoin, signaling increasing adoption of digital currencies by ...

The financial services industry is on the verge of entering the crypto economy, according to Bank of America’s CEO Brian ...

Bank of America CEO Brian Moynihan said Wednesday that the country’s second-largest bank is going to take a look at ...

I don't think anyone can say that Bank of America's CEO Brian Moynihan hasn't done a great job transforming the bank over the past decade after shares fell below $4 following the Great Recession.

Bank of America, which has historically ... that he believes there will certainly be a U.S. dollar-backed stablecoin, arguing that given these digital assets function just like money market ...

regulatory changes could soon make it possible for financial giants like Bank of America to issue their own digital currencies. Moynihan noted that a dollar-pegged stablecoin issued by the bank ...

Talk of a digital dollar has resurfaced. It first emerged in 2019 when the People’s Bank of China (PBOC) launched its digital yuan. Then, pointless speculation arose, about how the digital yuan ...

"I like to call it America's first digital dollar," Allaire said ... as well as firms like BlackRock and the Bank of New York Mellon. "That gives us its price stability. But it has all of ...