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February 7, 2025
Binance CEO Richard Teng emphasized the role of institutional investors and evolving regulations in making crypto an essential part of the financial system.
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Galipolo also highlighted the regulatory and oversight challenges presented by the widespread use of stablecoins in payments.
Kentucky’s bill is a “massive vote of confidence in Bitcoin” that brings the US closer to a federal Bitcoin reserve.
BTC price strength faces further risks as prediction markets see a giant beat on US January jobs.
House Financial Services Committee Chairman French Hill said they would work with the Trump administration to deliver dollar-backed stablecoins for Americans.
Japan’s Financial Services Agency said the action was not about “shutting down crypto investing,” but “drawing a line in the sand” for noncompliant exchanges.
The Winklevoss brothers are reportedly considering another IPO for Gemini after deciding not to pursue a public listing in 2021.
As institutional investors allocate more capital to crypto investments, custody solutions are becoming more important.
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