Wall Street tokenization push grows as crypto prices stay under pressure
From tradersunion.com
As reported by CoinDesk, Edelman said investor sentiment and crypto industry fundamentals are moving in opposite directions as Bitcoin ETF investors pull billions from funds and concerns rise over Mt. Gox wallet movements and regulation. He said debate around the CLARITY Act is adding to uncertainty, with lawmakers including Sen. Bernie Sanders and Sen. Elizabeth Warren pushing for additional provisions tied to crypto oversight. In Edelman's view, that leaves markets focused on negative headlines even while large financial institutions continue expanding crypto-related initiatives. BlackRock, JPMorgan, Morgan ...
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