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Crypto Rally Foiled By Report Of DOJ Probe Of Tether
Bitcoin appeared poised to make another run at $70,000, but a WSJ story of a criminal probe into the stablecoin issuer sent prices tumbling Friday afternoon.
https://www.coindesk.com/markets/2024/10/25/crypto...
Tokenized Treasuries Like Blackrock's BUIDL Will Challenge Stablecoins But Won't Fully Replace Them: JPMorgan
These tokens are at a regulatory disadvantage to stablecoins due to their classification as securities, the report said.
https://www.coindesk.com/markets/2024/10/25/tokeni...