There's been a lot of news surrounding crypto and more traditional banking systems.
The reason why; crypto platforms need banks.
Government currency, like the USD, needs to be converted into crypto. And also back from crypto to exit positions. As a result, banks have a necessary part to play.
And regulators realize that …
Here's the full story.
There's a lot of caution right now. Governments are wary to support any project. For fear, it would open the floodgates. And the FTX collapse is still fresh in everyone's mind.
But they can only put it off for so long …
This week we learned the SEC is planning to investigate Paxos Trust Co. and its Binance Stablecoin.
Here are the details.
The market's thinning. And soon it will leave us with a handful of winners, ready to push the industry forward.
On that note …
It's likely the Ethereum system will survive. Its new environmental impact since the merge acts as a huge catalyst.
Even today … there's an Ethereum token up +60%.
Post a Comment
Post a Comment