
Bank of America eyes dollar-pegged stablecoin amid Senate fast-tracking GENIUS Act
The announcement by BofA's CEO comes amid regulatory developments in the US, and a move by a European giant in the same direction.
Follow crypto adoption news across institutions, governments, merchants, and consumers as digital assets move further into everyday use.

XRP sees sustained institutional interest amid its sideways price performance over recent months.

Connecticut's stringent crypto ban contrasts with Louisiana's embrace of technological exploration and potential adoption.

Moreover, the average number of projects per company jumped to 9.7 from 5.8 year on year, a 67% rise.

The decision follows a €300 million plan announced on June 9, increasing BTC acquisition capacity by over three times.

Ripple will invest $10 million as part of the Guggenheim alliance to accelerate real-world asset tokenization on XRPL.

WLFI provided over $52 million in collateral to secure the loan on the DeFi platform.



