At a glance Looking toward the rest of 2022, capital markets organizations need to become familiar with what tokens can enable. At a high level, stablecoins serve as a bridge between traditional finance and DeFi; they can serve as a fiat on-ramp to DeFi and facilitate USD settlement outside of ... READ MORE >
CHART OF THE DAY: How stablecoins are helping lay the groundwork for digital currencies
For much of the short history of digital assets like bitcoin, their buyers have used them mostly as a store of value -- like gold. Their price volatility is one reason that they have not gained greater acceptance as a means of exchange, like a traditional currency. But there are signs that is about ... READ MORE >
How regulatory oversight may change at five agencies under Biden
With President Biden’s cabinet taking shape, regulated entities in the financial services industry like banks, specialty lenders and capital markets firms are starting to get a better picture of what changes might be in store. For these firms, the question is no longer if regulations will change, but ... READ MORE >
CHART OF THE DAY: Institutional investors warm to digital assets
Bloomberg’s Galaxy Crypto Index, which includes Bitcoin, Ethereum and three other digital assets, has rallied from a 52-week low of 177 last March to a high of 1,650 in January — its highest point since January 2018. The index measures the performance of the largest cryptocurrencies traded in U.S. ... READ MORE >