@xamaitena
Galaxy Digital warned that a draft US Senate crypto market structure bill could greatly expand Treasury surveillance and enforcement powers, similar to those under the Patriot Act.
Corporate Bitcoin treasuries have accumulated BTC at roughly three times the rate of new mining supply over the past six months, indicating strong institutional demand.
JPMorgan executives cautioned that yield-bearing stablecoins could undermine the regulated banking system by creating a parallel system without equivalent oversight.
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