Deribit, Crypto.com integrate BlackRock's BUIDL as trading collateral

Deribit, Crypto.com integrate BlackRock's BUIDL as trading collateral

The move will lower collateral requirements to access leverage for crypto trading due to the relatively stable value of US government debt. Crypto derivatives exchange Deribit and spot exchange Crypto.com are accepting BlackRock’s tokenized US Treasury fund as trading collateral for institutional and experienced clients. The move will allow institutional traders to use a low-volatility,…

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The empire strikes out: Institutionalists failed to kill the stablecoin bill

The empire strikes out: Institutionalists failed to kill the stablecoin bill

Despite a relentless campaign from institutional powerbrokers like Senator Elizabeth Warren, the US Senate advanced the GENIUS Act, marking a watershed moment for stablecoin regulation and exposing the limits of establishment resistance. Opinion by: Zachary Kelman, attorney  In 2021, Crypto-America was in the doldrums. Senator Elizabeth Warren and her loyal SEC enforcer, Gary Gensler, unleashed…

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JPMorgan, SEC meet to discuss capital markets moving onchain

JPMorgan, SEC meet to discuss capital markets moving onchain

Three JPMorgan executives met with the SEC’s Crypto Task Force to discuss which capital markets instruments could move onchain and how to best navigate the change. Executives with America’s biggest bank met with the Securities and Exchange Commission’s Crypto Task Force to discuss digital asset regulation and potential ramifications of capital markets moving onchain. The…

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