Europe’s Lawmakers Set to Advance Discussion of Controversial Crypto AML Rules

Lawmakers could be swayed by the risk of a legal challenge, Schrepel believes – but in practice it may be difficult to get them to retreat from a position they share with the Council. In other areas there is less consensus on the right approach – and, for the law to become final, lawmakers and […]

FalconX Tests Waters as First Full-Fledged Crypto Derivatives Dealer

Fierce volatility and other complications unique to crypto markets “could theoretically be addressed by robust margin requirements and risk management,” said Dan Awrey, a professor who teaches derivatives policy at Cornell Law School. Still, he added that “smaller firms, with fewer counterparties and exposure to highly correlated market risks, are ultimately at a higher risk […]

Bitcoin’s Correlation With Gold-Backed PAXG Token Weakens to Record Low

“This reflects BTC’s increasing correlation with macro stock indices as well as its recent behavior as a risk asset rather than a store-of-value, and points to price turbulence ahead as markets digest the impact of further inflation and liquidity withdrawals,” Noelle Acheson, head of market insights at CoinDesk’s sister concern Genesis Global said. Source link