TradFi
Bitcoin, Other Digital Assets Surge Late in Q2 on Spot Bitcoin Euphoria
The spot bitcoin ETF filings by BlackRock and other financial services giants ensured bitcoin would finish Q2 in positive territory. Now the SEC’s decision on the applications will likely play a big role in digital asset prices for the remainder of the year.
EU Seals Deal on Crypto Bank-Capital Rules
Lawmakers have previously favored ‘prohibitive’ capital requirements to keep unbacked crypto assets out of the banking system
BlackRock Executive: Knowing Who Counterparties Are Is Key to Engaging Institutions in DeFi
BlackRock's views could carry extra weight in the ongoing battle over regulation in the industry.
Bitcoin Breaks $30,000; Fed Chair Powell Says Central Bank Needs ‘Robust’ Role Overseeing Stablecoins
Jennifer Sanansie gives a news update on "CoinDesk Daily." Bitcoin has broken $30,000 for the first time in over a year amid bullish sentiment in the market following a number of traditional finance (TradFi) players pushing further into crypto. Plus, Federal Reserve Chairman Jerome Powell argues for strong central-bank oversight in stablecoin regulations, saying "the ultimate source of credibility in money is the central bank," in front of the House Financial Services Committee. Separately, crypto exchange Binance will expand its zero-fee trading promotion to all trueUSD (TUSD) trading pairs starting June 30. And, decentralized finance (DeFi) infrastructure provider, Maverick Protocol, has raised $9 million in funding.
Deutsche Bank Applies for Digital Asset License in Germany as TradFi Pushes Further Into Crypto
The banking giant announced plans to become a crypto custodian in February 2021.
DeFi Credit Protocol Concordia Raises $4M in Round Led by Tribe, Kraken Ventures
Concordia, now live in public testnet on Aptos, offers a multi-chain risk and collateral management platform for digital assets.
House Bill Shows Challenge of Regulating Crypto Without Giving TradFi a Free Pass
House Republicans Patrick McHenry and GT Thompson face a central problem with their crypto bill: Removing SEC discretion over whether a crypto token is a security allows issuers of traditional stocks and bonds the opportunity to arbitrage regulation, writes Todd Phillips.
Il disegno di legge della Camera mostra la sfida di regolamentare le Cripto senza dare a TradFi un pass gratuito
I repubblicani della Camera Patrick McHenry e GT Thompson affrontano un problema centrale con la loro proposta di legge Cripto : rimuovere la discrezionalità della SEC sulla validità o meno di un token Cripto offre agli emittenti di azioni e obbligazioni tradizionali l'opportunità di arbitrare la regolamentazione, scrive Todd Phillips.
El proyecto de ley de la Cámara muestra el desafío de regular las Cripto sin darle a TradFi un pase gratuito
Los republicanos de la Cámara de Representantes Patrick McHenry y GT Thompson enfrentan un problema central con su proyecto de ley Cripto : eliminar la discreción de la SEC sobre si un token Cripto es un valor permite a los emisores de acciones y bonos tradicionales la oportunidad de arbitrar la regulación, escribe Todd Phillips.
Le projet de loi de la Chambre montre le défi de réguler la Crypto sans donner un laissez-passer gratuit à TradFi
Les républicains de la Chambre des représentants Patrick McHenry et GT Thompson sont confrontés à un problème central avec leur projet de loi sur la Crypto : la suppression du pouvoir discrétionnaire de la SEC quant à savoir si un jeton Crypto est un titre donne aux émetteurs d'actions et d'obligations traditionnelles la possibilité d'arbitrer la réglementation, écrit Todd Phillips.