Futurum Senior Analyst Olivier Blanchard breaks down the Biden Administration’s request to Congress to provide a new regulatory framework for stablecoins. Along with a synopsis of what sets stablecoins apart from other types of cryptocurrencies, Blanchard sheds light on the administration’s working group report on stablecoins, which makes the case for why regulation is needed for this fast-growing segment of the digital asset space, and provides analysis on how this may or may not play into the broader effort to regulate Big Tech.
Futurum Research Senior Analyst, Steven Dickens provides his take on the acquisition by Mastercard of CipherTrace. As bitcoin and cryptocurrencies move more and more into the mainstream the legacy financial services players need to bolster their capabilities to process these new digital assets. The acquisition of on-chain analytics company CipherTrace by Mastercard is a lead indicator that this trend will only increase.
Futurum Research Senior Analyst Steven Dickens provides his analysis of the adoption by El Salvador of bitcoin as legal tender and what this means for Fintech and the global payments and money transfer providers. In a historic move, the country of El Salvador has adopted the cryptocurrency bitcoin as legal tender.
Futurum’s Steven Dickens provides analysis on the recent news coming out of NCR, NYDIG and Fiserv around Bitcoin infrastructure, with old school financial services giants helping to fuel Bitcoin adoption. As Bitcoin moves beyond a speculative asset to a medium of exchange these infrastructure developments will become increasingly important.