A look at the clash between Coinbase and Wall Street over the Clarity Act and whether crypto exchanges can offer stablecoin “rewards”
Coinbase chief Brian Armstrong is clashing with Jamie Dimon and other bank stewards over the future of finance
On stablecoins, JP Morgan's Jamie Dimon says, “We're going to be involved in both JPMorgan deposit coin and stablecoins to understand it, to be good at it”
Reuters Zafar Naik / Coinpedia Fintech News : Jane Fraser Confirms Citi Stablecoin Plans As Rules Ease Under Trump Vinod Dsouza / Watcher Guru : Citigroup CEO Confirms Exploring Citi Stablecoin Parth ...
On-the-job learning in fields like law and banking faces a double threat: hybrid work limiting juniors' time with seniors and Gen AI cutting many routine tasks
Employers will have to be more deliberate in the training they offer junior staff — Jamie Dimon is unequivocal about the impact …
Jamie Dimon says that JPMorgan will soon let clients buy bitcoin, adding that “we're not going to custody it. We're going to put it in statements for clients.”
“I don't think you should smoke, but I defend: your right to smoke -your right to buy BTC.” … Forums: r/Bitcoin : JPMorgan CEO Jamie Dimon says the bank will let clients buy bitcoin
The US' largest companies, like Visa, United, Amazon, Apple, and Oracle, are cutting deals with Elon Musk's businesses as he solidifies his power in government
Companies from Boeing to Amazon have sought out the world's richest man as he seeks to remake US government Bluesky: @marypcbuk . Mastodon: @GossiTheDog@cyberplace.social . Forums: r/politics Bluesky:...
In his annual shareholder letter, Andy Jassy says GenAI “may be the largest technology transformation since the cloud” and Amazon is committed to cost-cutting
how does Amazon remain resilient? While simple in its wording, it's profound because it gets to the heart of our success to date as well as for the future” His response: [image] Rihard Jarc / @rihardj...
The FDIC and California regulators say JPMorgan Chase plans to acquire most of First Republic Bank, which was a tad bigger than SVB and had $100B+ in outflows
now JPMorgan Chase's — uninsured depositors is Sen. Dianne Feinstein who, according to her latest financial disclosure, had between $1,000,001 and $5,000,000 in a First Republic account. Last week, a ...
California regulators close SVB and name the FDIC as the receiver to protect insured deposits; SVB ended 2022 with ~$209B in assets and $175.4B in deposits
banks, lawyers, etc — and it's a minor but not insignificant screening mechanism. https://twitter.com/... Jason Zweig / @jasonzweigwsj : If you want to create a perverse incentive for banks to become ...
In his final letter to shareholders as CEO, Bezos says Amazon needs a better vision for its employees' success and he will focus on making its warehouses safer
"We need a better vision for how we create value for employees" Bezos is evidently admitting Amazon needs to improve working conditions & treat workers with more respect https://www.cnbc.com/... @verg...
JP Morgan has created JPM Coin, a digital token tied to the US dollar that will be used to instantly settle transactions; trials set to start in a few months
Also mistaken identity, buybacks … Marie Huillet / Cointelegraph : Ripple CEO Brad Garlinghouse Says JPMorgan Coin ‘Misses the Point’ of Crypto John P. Njui / Ethereum World News : 'Bank Coins Still A...