We find the most important headlines in digital assets for the week and give you our take. This week’s themes were institutional adoption and regulation, here are your headlines for June 28th, 2021:
REGULATION WILL BOOST CRYPTO CURRENCY
Synopsis: Law professor Emilios Avgouleas says that while regulation could affect short term prices, in the long term it will be good for the industry.
Theme: Regulation
Our Take: One of the most common things we hear from prospective clients is the lack of clear regulatory frameworks is keeping them from making more serious investments.
DESPITE REGULATORY PESSURE, BANKS ARE EXPLORING DIGITAL ASSETS
Synopsis : JP Morgan, Morgan Stanley, Bank of America, and Goldman Sachs have are amongst the early movers on giving their clients access to crypto.
Theme: Institutional Adoption, Regulation
Our take: Most banks are focusing on futures for the moment as they don’t want to hold the assets on their books. As regulatory frameworks are established we believe they will expand their offerings.
CRYPTO FLASH CRASH WAS A TEST OF INFRUSTRUCTURE
Synopsis : The May 19th flash crash exposed the underdeveloped underbelly of crypto infrastructure.
Theme: Crypto Infrastructure
Our take: Relying one a small number of venues that are not diversified puts you at risk. Mainbloq’s connect once, trade everywhere platform allows you to connect to exchanges, liquidity pools, and OTC desks with one connection.
About Mainbloq
MainBloq is the high-performance trade execution infrastructure for digital assets. We offer the industry’s leading smart order routing and execution algorithms through a single API connection. We empower our customers with custom trading solutions for high speed, reliable global best execution.