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As Trump Says 'Get It to My Desk' For 'GENIUS' Stablecoin Bill, Analysts Warn Of Disruption To Payment Giants Visa And Mastercard
Thursday, June 19, 2025 - 4:00pm | 1426Analysts are pointing out that the GENIUS Act, which was passed in the Senate on Tuesday, could increase the competition for the large payment networks like Visa Inc. (NYSE:V) and Mastercard Inc. (NYSE:MA). What Happened: The act establishes a regulatory framework for dollar-pegged cryptocurrencies...
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Stablecoins Pose 'Systemic Risk' To US Banks And Dollar, Former BoE Advisor Warns: 'They're Very Bad Customers For The Banking System'
Tuesday, June 17, 2025 - 2:00pm | 894A former Bank of England economist is raising red flags over the growing role of stablecoins in the U.S. financial system, with major implications for banks, as well as the U.S. Dollar. What Happened: In a recent episode of The Big View by Reuters, Dan Davies, an ex-BoE regulatory economist and...
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Why A Wall Street Analyst's 'Buy' Rating Doesn't Always Mean Buy
Tuesday, September 1, 2015 - 12:17pm | 759Nearly every single day, countless Wall Street firms crank out analyst reports in which they issue Buy ratings on stock after stock. According to a new opinion piece penned by former Credit Suisse Group AG (ADR) (NYSE: CS) analyst Dan Davies, retail investors should be extra leery of buying...