Yellen additionally addressed the U.S. Securities and Trade Fee’s proposal to additional prohibit how funding companies custody their shopper’s belongings, together with their crypto holdings. The proposed rule, which is on the company’s agenda to finish this 12 months, would require a wider vary of shopper belongings to be held with “certified custodians,” and it has drawn criticism from bankers, some lawmakers and even different regulators about its potential results.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The United States and China wrapped up...
Bitcoin’s short-term onchain momentum has weakened, but long-term demand remains solid, according to the latest Cryptoquant report, indicating that the...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US-based spot Ethereum ETFs (exchange-traded funds)...
Ripple’s acquisition of Hidden Road to form Ripple Prime propels XRP and RLUSD to the forefront of institutional finance, merging...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to the firm’s Chief Marketing Officer...
