Wall Street

Highlights: Michael Selig’s first chance for leadership at the CFTC carries significant weight for crypto regulation. He’s getting backlash from Wall Street, lawmakers and agency officials for his pro-crypto stance. As the CFTC assumes a larger role in crypto, worries […]

Highlights: Tokenized securities could grow from a $17 billion market today to $5.5 trillion by 2030, according to Citi. Stablecoins could create $1 trillion in new demand for United States Treasury securities. Wall Street firms are expanding blockchain infrastructure to […]

Highlights: Michael Saylor dismissed concerns that Wall Street is hurting Bitcoin’s price and performance. He noted Bitcoin’s volatility eased from 80% in 2020 to about 50% today. Saylor said Strategy can handle huge losses and remain strong despite market downturns. […]

Highlights: Tom Lee believes Ethereum could surpass Bitcoin as more assets move onto the blockchain. BitMine recently added over 104,000 ETH, which shows strong confidence in Ethereum’s future.  Michael Saylor calls Lee the most influential figure in Ethereum’s ecosystem. Ethereum […]

Highlights: JPMorgan plans to offer crypto trading services while delaying custody as it evaluates risk and regulation. Major U.S. banks have expanded digital asset exposure as new laws drive interest in regulated crypto products. JPMorgan is targeting crypto trading as […]

Highlights: BlackRock is considering tokenized ETFs as competition from Goldman Sachs and JPMorgan increases across markets. Tokenized ETFs may allow trading beyond market hours and create new uses for exchange-traded funds in DeFi. Stablecoin growth and new frameworks could boost […]

Highlights: BitGo CEO emphasizes going public strengthens crypto firms’ credibility with traditional finance players. Belsche highlights due diligence and SEC oversight to boost trust with Wall Street. BitGo introduces the OTC trading desk for over 250 digital assets amid potential […]

Highlights: Wall Street now settles trades in one business day, reducing financial risks. The transition to T+1 aims to enhance market efficiency and align closer to crypto settlements. Concerns linger over potential settlement issues during the initial phase of T+1 […]