Binance’s Settlement With U.S. Authorities Is Positive for Crypto as Well as the Exchange: JPMorgan
The settlement will significantly reduce the potential systemic risk emanating from a hypothetical collapse of the crypto exchange, the report said.
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The settlement will significantly reduce the potential systemic risk emanating from a hypothetical collapse of the crypto exchange, the report said.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
The 27 allege Lubin robbed them of equity in the Swiss company by transferring core assets to a U.S. entity.
Traders could be betting on a development that buoys hopes for a spot bitcoin ETF in the US.
Federal Reserve Bank of Chicago economists predict low inflation and a resilient economy, a potential goldilocks scenario for risk assets, including cryptocurrencies.
Such ETFs have existed for some time in Canada and Europe, but have failed to attract large investor interest, the report said.
The rise in real yields is more of a headache to blue chip stocks than to markets like technology or crypto and will not disrupt the medium-term growth story, one observer said.
Michael Ackerman pleaded guilty in 2021 to charges of defrauding around 150 investors for $33 million in a digital asset trading scheme.