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Bank Lobby Fires Back At White House, Saying Stablecoin Study Ignores Community Bank Threat
Bank Lobby Fires Back At White House, Saying Stablecoin Study Ignores Community Bank Threat
Authored by Micah Zimmerman via BitcoinMagazine.com,
The American Bankers Association is warning that the White House’s latest stablecoin study is asking the wrong question and underestimating the threat to community banks.
On April 8, the Council of Economic Advisers released a 21‑page paper modeling what happens if payment stablecoin issuers are barred from paying yield. The analysis, tied to the 2025 GENIUS Act’s prohibition on interest for payment stablecoins, finds that banning yield would raise bank lending by only about 2.1 billion...
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Apr 27, 2026 / Tyler Durden
SEC Issues Warning For US Investors On Phishing, Smishing, & Vishing Scams
SEC Issues Warning For US Investors On Phishing, Smishing, & Vishing Scams
Authored by Naveen Athrappully via The Epoch Times,
The U.S. Securities and Exchange Commission (SEC) warned investors recently that fraudsters use phishing, smishing, and vishing scams to attempt to compromise their financial, investment, or personal accounts.
“Phishing, smishing, and vishing are types of scams where a fraudster tries to trick you into providing sensitive personal or financial information by posing as an entity you know or trust, such as an investment firm, bank, or some other personal service that you...
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Oct 15, 2026 / Dave DeCamp
Israel Cuts Off Commercial Goods From Entering Gaza as It Continues Attacks
Israel has cut off the shipment of commercial goods from Israel into the Gaza Strip, tightening the siege of the besieged Palestinian territory, as its forces continue daily attacks in violation of the US-backed ceasefire deal. According to a report from The Associated Press, the Israeli military’s occupation authority, COGAT, announced on Thursday that commercial […]
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Apr 30, 2026 / Tyler Durden
ECB Holds Rates At 2%, As Expected, With Stagflation Looming
ECB Holds Rates At 2%, As Expected, With Stagflation Looming
The European Central Bank kept interest rates unchanged, as expected, with officials signaling they need more time to assess the extent of the Iran war’s jolt to the economy. The deposit rate was left at 2%, where it’s been since June 2025 and in line with the predictions of all analysts in a Bloomberg survey. The ECB offered no guidance on future decisions, reiterating it will act one meeting at a time based on information as it arrives.
In the statement, the...
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