Wall Street mainstays setting up digital assets exchange with on-chain settlement
Some of the biggest names in finance are joining together to create the EDXM exchange, citing a pent-up demand for crypto assets and the need for compliance and security.
Some of the biggest names in finance are joining together to create the EDXM exchange, citing a pent-up demand for crypto assets and the need for compliance and security.
Original source
Read on CointelegraphRelated market context
SEC Plan to Scrap Rule 611 Could Be the Biggest Regulatory Unlock Yet for Crypto Tokenized US Stocks
The SEC just removed the single biggest legal obstacle standing between Crypto DeFi and US equity markets. On June 11, the agency...
Deribit Analysts Say Wall Street Has Reshaped Bitcoin Volatility And Liquidity
TL;DR Deribit Insights says Wall Street participation has changed Bitcoin’s market structure. The episode points to lower volatili...
Carlos Domingo: The DTCC is repeating telecom’s mistakes, banks need the Clarity Act more than crypto, and stablecoins set the benchmark for tokenized assets | The Wolf Of All Streets
Financial institutions must choose between proprietary systems or embracing open blockchain technologies for future growth. The po...
Banks are buying Bitcoin vaults, but a quantum problem may be waiting inside
The banks are finally buying the vaults. In May, BNY, the world's largest custodian with $59.4 trillion in assets under custody an...
Bitcoin’s Worst Week Since FTX Collapse Revives Wall Street Bottom-Calling Habit
Bitcoin rebounds from below $60,000 after worst week since FTX collapse, reviving Wall Street bottom-calling. Over half of supply...
Wall Street and crypto are crashing into each other as tokenized treasury markets hit $14.6 billion
Not all crypto exchange executives agree, but the data does not lie: centralized exchange trading volumes dropped more than 11% to...