A new report from Bank of America says the regulatory “talk phase” is OVER -- implementation is here.
Key moves driving the shift:
• OCC’s conditional approval of trust bank charters for five digital-asset firms
• FDIC’s upcoming proposal on #stablecoin approvals for banks
• Fed collaboration on stablecoin capital + liquidity rules (#GENIUS Act)
This is the beginning of a multi-year migration of traditional finance onto blockchains.
JPMorgan and DBS are already testing tokenized deposits across multiple chains—fueling the debate:
Tokenized deposits vs. stablecoins… which wins?
BoA says banks must get fluent in #blockchain NOW. Everything from bonds to stocks to cross-border payments could soon settle #onchain . 👀
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