JPMorgan Note: this warning is not about stablecoins becoming as popular as traditional financial methods, replacing the latter (unfortunately).  The role of stablecoins has been a topic of growing importance and scrutiny. Recently, JPMorgan Chase & Co. issued a stark warning about the potential consequences of stablecoin issuers vying for assets in the short-term funding...
Gary Gensler
Gary Gensler at a hearing The ongoing battle between the cryptocurrency industry and the US Securities and Exchange Commission (what is usually called SEC) took center stage once again as SEC Chairman Gary Gensler faced congressional scrutiny. In a contentious congressional hearing, Gensler continued to take a tough stance on crypto, raising concerns about the...