According to Cointelegraph, the Basel Committee on Banking Supervision (BCBS) has implemented capital requirements that are perceived as a strategic barrier to the expansion of the cryptocurrency sector. Chris Perkins, president of investment firm CoinFund, argues that these banking standards create a 'chokepoint' by increasing reserve requirements for banks holding crypto assets, thereby reducing their return on equity (ROE). This makes crypto-related activities financially unviable for banks, effectively stifling industry growth. Perkins explains that the regulations indirectly suppress activity by making it prohibitively expensive for banks to engage in crypto ventures, leading them to prioritize investments in high ROE businesses instead. In April, Perkins voiced concerns over the Bank for International Settlements' (BIS) proposals to impose know-your-customer (KYC) requirements and other traditional banking regulations on decentralized finance (DeFi) protocols and stablecoins. He contends that these measures contradict the fundamental principles of permissionless networks. Perkins highlights the systemic risk posed by the disparity between decentralized networks, which operate continuously and can shift liquidity in real-time, and traditional financial systems that remain closed during nights and weekends, resisting technological advancements. The BIS, serving as a central bank for sovereign central banks and organizing BCBS conferences, released a report in April warning that cryptocurrencies could destabilize the financial system. The report's authors also suggested that the growth of the crypto market could widen the wealth gap, advocating for stricter government regulations. In June, the BIS published a follow-up report titled 'Stablecoin Growth: Policy Challenges and Approaches,' asserting that stablecoins fail as a form of money and could pose systemic risks to the financial system. The report noted the increasing cross-border use of stablecoins and their growing market capitalization, which could potentially impact the traditional financial system. The BIS has consistently promoted the adoption of central bank digital currencies (CBDCs) and other centralized digital technologies as alternatives to privately-issued and decentralized cryptocurrencies.

Deribit introduces USDC-settled Bitcoin and Ethereum options, enhancing trading versatility post-Coinbase acquisition. source: https://coincu.com/355389-deribit-usdc-options-launch

The current capital reserve requirements and rules make holding cryptocurrencies too costly for banks, limiting the sector's growth. source: https://cointelegraph.com/news/basel-bank-capital-rules-create-chokepoint-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Whales have snapped up 200M Cardano in a fresh $157M buying spree, signaling surging big-money confidence in ADA. source: https://zycrypto.com/cardano-whales-strike-with-200-million-ada-buy-as-etf-odds-reach-75/

Recent price action has shown that XRP is establishing the $3 price level as a base, and an analysis of its fundamentals indicates various conditions that could push its price to multiple all-time highs. According to crypto analyst David_kml, XRP is no longer confined to speculation but is steadily becoming a vital part of global finance. This trend is very important in its push to new price highs. At the same time, XRP’s chart structure on the weekly candlestick timeframe shows that it may be approaching a breakout similar to Ethereum’s explosive run between 2016 and 2018 source: https://www.newsbtc.com/altcoin/xrp-price-could-be-headed-to-new-all-time-highs-due-to-these-factors/

If the investor chooses to sell, they'll lock in a return of around 14,269x at current prices after not touching their ETH since the network's ICO. source: https://www.theblock.co/post/367180/ethereum-ico-wallet-moves-1-5-million-in-eth-originally-purchased-for-104?utm_source=rss&utm_medium=rss

"We’re excited to welcome Bitpanda to our Arsenal family as the latest global brand to join our diverse stable of partners," the club's CCO said. source: https://cryptopotato.com/premier-league-giant-arsenal-strikes-partnership-with-crypto-broker-bitpanda-details/

Crypto exchange Kraken has suspended deposits of Monero (XMR) after the network suffered a confirmed 51% attack on August 12, raising fresh concerns over the security of mid-sized Proof-of-Work blockchains. source: https://cryptodnes.bg/en/kraken-suspends-monero-deposits-after-51-attack-linked-to-qubic-pool/

Hyperbeat completes $5. 2M seed round led by ether. fi Ventures, advancing permissionless DeFi infrastructure. source: https://coincu.com/355380-hyperbeat-secures-5m-for-defi-infrastructure

Market data shows strong institutional inflows but also signs of retail overconfidence, raising questions about whether BTC can sustain its […] The post Bitcoin Steadies at $117K as Miners Cash Out and Whales Accumulate appeared first on Coindoo. source: https://coindoo.com/market/bitcoin-steadies-at-117k-as-miners-cash-out-and-whales-accumulate/

もしあなたがこれを読んでいて、あなたの資金がまだCoinUPプラットフォームや「Holes in Water」プロジェクトに眠っているのであれば、今やっていることを一旦中断し、以下をよく読んでください。

最近、暗号通貨取引所BTCTurkがハッキングされ、複数のオンチェーン・ホットウォレットから4800万ドル以上が異常流出したことを確認する発表を行った。

ガイダンスでは、カストディとは顧客に代わってデジタル資産を保有することであると説明し、その一方で、これが新たな規制要件を生み出すものではないことを強調している。

規制,法律,政策,なぜブロックチェーンでは従来の規制システムがジョークに成り下がるのか？ ゴールデンファイナンス,ついに暗号通貨を規制する素晴らしいアイデアを思いついた人が現れた？

ブロックチェーン業界に来て本当に良かったと思うことがある。

米連邦準備制度理事会（FRB）は8月15日、2023年に創設された新規・新興活動監督プログラム（NASP）の廃止を発表した。

ビットコインは本日、一時124,000ドルを突破し、これまでの史上最高値を更新した。9月の利下げに対する市場の期待が高まり、機関投資家の需要が引き続き旺盛であることが背景にある。

ゴールデン・ウィークリー」はゴールデンファイナンスが毎週お届けするブロックチェーン業界の総括コラムで、1週間の主要ニュース、相場、契約データ、マイニング情報、プロジェクト動態、技術進歩、その他の業界ニュースを取り上げています。

イーサは、長年にわたり伝統的な世界で認められてきたキラーアプリケーションがないというジレンマを解決し、暗号とデジタル資産の世界の「LABUBU」となった。

アフリカのみならず世界的にデジタル・イノベーションの受け入れが加速する中、暗号／ステーブルコイン決済ゲートウェイは、変化し続ける市場でビジネスを拡大する機会を提供します。