Will Canny

Will Canny

Will Canny is an experienced market reporter with a demonstrated history of working in the financial services industry. He's now covering the crypto beat as a contract reporter at CoinDesk.

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Morgan Stanley Says US Could Regulate Stablecoin Issuers Like Banks
A U.S. CBDC is needed to ensure the dollar remains the world’s dominant payment mechanism, the bank’s analyst said
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(Daniel Acker/Bloomberg via Getty Images)
Blockchain-Exposed Stocks Could Show Massive Sales Growth Despite Recent Underperformance, Goldman Says
Bitcoin has become more correlated with equity index returns in recent months, the bank’s analysts said.
(Daniel Acker/Bloomberg via Getty Images)
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HSBC Starts Metaverse Fund for Private Banking Clients in Asia
The Metaverse Discretionary Strategy portfolio aims to capture opportunities arising from the next iteration of the internet, the bank said.
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FCA Friction Said to Spook Investors Over Copper’s Reported $500M Raise
Temporary registration status from the U.K.’s markets regulator has caused some VC firms to back out or downsize their checks, sources say.
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Citi Sees Metaverse Economy as Large as $13T by 2030
The virtual world could be the next generation of the internet, the bank’s analysts said in a report.
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NFTs Could Go Mainstream With Instagram’s Planned Support, Deutsche Bank Says
Instagram could lower the barrier for entry to the NFT market, the report said.
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The growth of DeFi is set to slow, Morgan Stanley says. (Tommaso Banzato/Shutterstock)
Morgan Stanley Sees DeFi Remaining ‘Fairly Small’ as Growth to Slow
Regulation and overcollateralization are the main hurdles for the sector, the bank said.
The growth of DeFi is set to slow, Morgan Stanley says. (Tommaso Banzato/Shutterstock)
BofA (Shutterstock)
BofA Initiates Coverage of Silvergate With ‘Buy’ Rating, Sees 50% Potential Upside
The crypto bank is one of the best positioned companies to benefit from the expanding use of stablecoins, the report said.
BofA (Shutterstock)
The Chainlink oracle transfers data to smart contracts from outside sources. (Shutterstock)
Chainlink's Total Value Secured Expansion Isn’t Matched by LINK Token’s Growth
The disconnect may reflect a number of issues, including market saturation, according to a Coinbase report.
The Chainlink oracle transfers data to smart contracts from outside sources. (Shutterstock)
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Digital Assets Can Boost Revenue for Sports Teams, PwC Says
Token sales and metaverse events have the potential to become major revenue streams for teams and leagues.
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