Circle Pursues Global Regulatory Harmony, Tether Allies with Law Enforcement
In the absence of a cohesive regulatory framework, these notable coins have taken divergent paths to navigate the stablecoins landscape.
Former JPMorgan Chase & Co. executive Blythe Masters will become CEO of cryptocurrency startup Digital Asset Holdings, which formally launches on Wednesday, March 11, 2015.
In the absence of a cohesive regulatory framework, these notable coins have taken divergent paths to navigate the stablecoins landscape.
With just 100 employees, Tether’s income per employee is 380 times higher than that of JPMorgan.
For the crypto industry, DigiFT is the first firm to launch the first D.R. tokens linked directly to the US treasury bill.
JPMorgan strategists expect further downside in Bitcoin price amid slowing inflows into spot Bitcoin ETFs. They believe that BTC is currently in the ‘overbought’ territory.
Experts believe that with the potential of spot Bitcoin ETFs, this market cap difference might be bridged in the coming decade.
Dimon expressed his well-known skepticism about Bitcoin, highlighting its uncertain use cases and involvement in illegal activities.
The S&P Global Ratings report states that using institutional custodians for staking on Ethereum ETFs could exacerbate network concentration.
BlackRock and Fidelity continues to see inflows for their spot Bitcoin ETFs eating the market share from Grayscale as GBTC continues to bleed amid high management fees.
JPMorgan’s report suggests that stablecoin issuers adhering closely to existing regulations stand to benefit from impending regulatory scrutiny.
While Grayscale’s GBTC saw outflows running in millions on Monday, companies like BlackRock and Fidelity received a combined net inflow of $406 million on the same day.