Thursday, April 18, 2024
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Australian regulators rattle their saber as adoption takes a major leap: Law Decoded, Aug. 22-29

Australia’s financial regulator, Securities and Investments Commission (ASIC), has pledged to put crypto assets and decentralized finance (DeFi) firmly in its sights over the next four years. The regulator intends to focus on “digitally enabled misconducts” and to protect investors “from harms posed by crypto-assets.” Given the ASIC’s history of

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Standoff Over $28T of US Government Debt Could Rattle Bitcoin Market — CoinDesk

There may be an in-between scenario where the U.S. defaults on its debt briefly, but financial markets remain calm, with investors assuming that the debt limit will be raised eventually, said Steven Kelly, a research associate at the Yale Program on Financial Stability, an initiative focused on understanding financial crises.

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A Sudden JPMorgan Warning May Rattle Nervous Stock Market Investors

JPMorgan thinks the U.S. stock market will see a different dynamic in the next six months.Strategists predict individual stocks will see less correlation, as fear of missing out (FOMO)-driven sentiment subsides.Struggling sectors with weaker fundamentals and financials like the airline industry are expected to see a steeper downtrend.JPMorgan thinks the

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Binance Research Finds Libra Could Rattle Payment Sector Foundations

Binance Research dove into Libra's most recent whitepaper, surfacing with a lenghty report, in part claiming Facebook's proposed asset could significantly alter the payments world."Libra’s envisioned global payment system could do to the payment industry what SpaceX did to the space industry: shake the foundations of a well-established sector with

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Huobi Global’s Ban on U.S. Customers Could Rattle Huobi Token (HT)

Huobi Global will disable the accounts of U.S.-based customers. HBUS welcomes Huobi Global’s users. The move could impact the price of Huobi Token (HT). Huobi Global announced Monday it will freeze the accounts of its U.S. customers in order to comply with domestic regulations. The move could have severe implications for Huobi Token (HT),

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