Latest from Will Canny
Defining Cryptocurrency Regulation Important for the Industry to Grow: Morgan Stanley
Disagreement on new legislation would be negative and lead to an extended period of uncertainty, the bank said.
Goldman Sachs Says DeFi’s Interconnections Can Increase Systemic Risk
Contagion risk related to UST’s depegging hit staked ether (stETH) because of Lido’s exposure to the Terra ecosystem, the bank said.
Goldman Sees Little US Economic Impact From Lower Cryptocurrency Prices
The stock market decline has had a much larger effect on U.S. household net worth, the bank said.
BofA Says Crypto Winter, Contagion Risk Concerns Are Overdone
The collapse of the Terra network was due to prioritization of mass adoption over price stability, the bank said.
Citi Says Fallout From Terra Collapse Unlikely to Hit Wider Financial System
Recent weakness in bitcoin and equities looks contemporaneous and doesn’t show any lag or lead effect, the bank’s analysts said.
Morgan Stanley Says NFTs Next to Watch After UST Collapse
Most speculative and leveraged areas of crypto markets now in focus, the bank’s analysts said.
Morgan Stanley Says Over 100 Crypto Assets Were Created in Past Week, Mainly on DeFi Exchanges
Despite a fall in crypto prices, the creation of digital assets is still high, the bank’s analysts said.
Morgan Stanley Says Wholesale Banks Can Thrive in a More Regulated Crypto Market
The revenue opportunity could reach as much as $16 billion in the next three to five years, the bank’s analysts said.
Según Morgan Stanley, podría crecer el uso de cripto como método de pago
La asociación con tiendas físicas es un hito importante en la evolución de bitcoin como medio de pago, dijo el banco.
Morgan Stanley Says Crypto Could Become More Widely Used as Currency
Partnerships with physical stores are a significant milestone in the evolution of bitcoin as a medium of payment, the bank said.