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CryptoNews
BANK OF AMERICA: US BANKS MOVING ON CHAIN
🔸 Bank of America (, the second largest bank in the US ), states that US banks are entering a multi-year on-chain future.
🔸 Regulations around stablecoins and crypto are accelerating as OCC, FDIC, and the Fed develop legal frameworks under the GENIUS Act.
🔸 Stablecoins and crypto custody services are being integrated into traditional banking systems.
🔸 In the long term, stocks, bonds, money market funds, and payments may gradually transition onto the blockchain.#CryptoMarketRebound
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#NonfarmPayrollsBeatExpectations
🔸 Bank of America (, the second largest bank in the US ), states that US banks are entering a multi-year on-chain future.
🔸 Regulations around stablecoins and crypto are accelerating as OCC, FDIC, and the Fed develop legal frameworks under the GENIUS Act.
🔸 Stablecoins and crypto custody services are being integrated into traditional banking systems.
🔸 In the long term, stocks, bonds, money market funds, and payments may gradually transition onto the blockchain.#CryptoMarketRebound