American Bankers Association (ABA)
Coverage of American Bankers Association (ABA) in the Nexus archive.
- Banks pushing for last-minute changes to stablecoin yields before Wednesday's CLARITY markup. Trump says no. Anyone buying it?
Banks are pushing for last-minute changes to stablecoin yields before Wednesday's markup, but Trump has stated he won't let it happen. The banking lobby, including the American Bankers Association (ABA) and Bank Policy Institute (BPI), is concerned that trillions could leave banks if stablecoins are allowed to pay yields. The outcome may affect the future of stablecoins and their ability to pay interest.
- Bitcoin Price Holds Near $82,000 as ETF Inflows Surge and CLARITY Act Battle Intensifies
Bitcoin price holds near $82,000 as ETF inflows surge and the CLARITY Act battle intensifies, with the act approaching a markup in the Senate Banking Committee. The U.S. spot Bitcoin exchange-traded funds drew about $1.9 billion of net inflows in April. The CLARITY Act would define jurisdiction for most digital assets between the SEC and CFTC.