State Street is exploring ways to get involved in settling payments on blockchain.
Bad actors are making record use of stablecoins.
Buying and holding bitcoin has major drawbacks.
The majority of spot bitcoin ETF issuers will be dependent on Coinbase for the functioning of their funds.
It's a reversal of fortunes for an industry that was left reeling in 2022.
The company has been accused by the SEC of running an illegal exchange.
The possible approval of the first U.S. spot bitcoin ETFs is stoking investor interest in the token.
Major financial firms including BlackRock, Fidelity and Invesco have applied to sell U.S. “spot” ETFs.
The SEC has resisted such funds in the past, citing the risk of spot market fraud and manipulation.
BlackRock's surprise filing for a U.S. spot bitcoin ETF led to a flurry of similar applications.
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