The U.S. Commodity Futures Trading Commission (CFTC) could require Binance to cease operations in the U.S. as part of a potential settlement, Bernstein said in a research report on Tuesday. Timothy Massad, Harvard Kennedy School Research Fellow and former CFTC Chair, discusses the potential outcomes.
The current environment is the perfect setting for the decentralized-financial system to stand out as an alternative to traditional banking, a report from the firm said.
Bernstein analysts say that ether’s ETH price action is expected to be cautious until the Ethereum blockchain’s Shanghai upgrade due later this month as the market is concerned about a supply overhang TRON Founder Huobi Global Advisor and Ambassador of Grenada to the WTO Justin Sun joins First Mover to discuss his outlook on ETH [...]
Some in the industry had expressed concern that crypto was actively being removed from the banking system with an attack on stablecoins and custody rules, the report said.
La extralimitación regulatoria conducirá a un mayor movimiento hacia las aplicaciones de finanzas descentralizadas construidas directamente en la cadena por equipos anónimos, dijo el informe.