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Stablecoins Could Become A Deposit Magnet For US Banks, White House Official Says

A top White House official is pushing back against warnings that stablecoins will drain money from American banks — arguing the opposite is true. Related Reading: Crypto Thieves Pivot To Phishing As Protocol Hacks Decline In February Foreign Money, Domestic Gains Patrick Witt, executive director of the White House Council of Advisors for Digital Assets, posted on X this week that when foreigners convert local currencies into dollar-backed stablecoins issued by US companies, that capital flows into the American banking system, not away from it. дальше »

2026-3-13 01:00


South Korea to Impose Bank-Level Liability on Crypto Exchanges After Upbit’s $30M Hack

Key Takeaways: South Korea plans to apply bank-level, no-fault compensation rules to crypto exchanges after a major breach at Upbit. Regulators want exchanges to reimburse users for losses from hacks The post South Korea to Impose Bank-Level Liability on Crypto Exchanges After Upbit’s $30M Hack appeared first on CryptoNinjas. дальше »

2025-12-9 21:45