Kevin O’Leary says sacrificing Tornado Cash worth it for institutional adoption
Mr. Wonderful thinks that crypto needs more regulation and less “crypto cowboys” like Tornado Cash creator Alexey Pertsev, who he suggested was a necessary sacrifice to create stability for institutional inflows.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Mr. Wonderful thinks that crypto needs more regulation and less “crypto cowboys” like Tornado Cash creator Alexey Pertsev, who he suggested was a necessary sacrifice to create stability for institutional inflows.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
JPM Coin Expands to Ethereum for Approved Institutional Clients
TL;DR: J.P. The next evidence is transaction activity from approved institutions, additional supported use cases, integration with...
BlackRock and SBI Explore Yen Stablecoin Link for Tokenised Funds
TL;DR: SBI Holdings and Startale announced on October 27 that they signed a memorandum of understanding with BlackRock Financial M...
Robinhood adopts Ripple’s RLUSD stablecoin, boosting institutional operations
Robinhood's adoption of RLUSD may drive institutional interest, potentially boosting Ripple's ecosystem and influencing future mar...
Treasury, SEC, CFTC to address crypto regulation gaps after CLARITY Act fails
The failure of the CLARITY Act shifts focus to agency-led crypto regulation, potentially delaying comprehensive legislative soluti...
Ripple targets $900M revenue run rate by 2026 with institutional growth
Ripple's institutional growth strategy could enhance XRP's market position, influencing its price dynamics and regulatory landscap...
Bitcoin Hovers Around $80,000 as Fed Decision Draws Closer
TL;DR: Bitcoin market participants entered October 27 focused on the Federal Reserve’s policy discussion and the upcoming interest...