BitGo CEO: Failure of Clarity Act exposes U.S. market to systemic risk

PANews reported on October 2 that according to The Block, BitGo CEO Mike Belshe warned that the failure of the Clarity Act has exposed the US market to systemic risks because the same company holds exchange, brokerage and custody businesses at the same time. He said that this structure is a risk that even Lehman Brothers did not have: a broker can fail, but the collapse of the exchange hosting the assets will bring down the entire market.

Habari zinazohusiana

11-01 09:44 UTC
Binance adds support for withdrawals of major assets on BTC, XRP, and Base networks.
PANews November 1 news: Binance announced that it has resumed withdrawals for the following networks and assets: BTC on the BTC network; ETH, USDT, and USDC on...
11-01 09:34 UTC
Net profits of listed companies in Shanghai and Shenzhen reached RMB 5.1 trillion in the first three quarters, a new high since 2022.
11-01 09:19 UTC
XPL flash crash causes Hyperliquid HLP vault to lose about $556,000, with 12 wallets withdrawing margin in advance.
11-01 08:48 UTC
Mchambuzi: Jumla ya kiasi cha fedha zilizoibiwa na Kundi la Lazarus kimefikia dola bilioni 11.87, sawa na 45% ya Pato la Taifa la Korea Kaskazini mwaka 2025.
11-01 08:37 UTC
Machi aliuza BAYC #950 na BAYC #5310 kupitia muamala wa nje ya soko.

Binance adds support for withdrawals of major assets on BTC, XRP, and Base networks.

Net profits of listed companies in Shanghai and Shenzhen reached RMB 5.1 trillion in the first three quarters, a new high since 2022.

XPL flash crash causes Hyperliquid HLP vault to lose about $556,000, with 12 wallets withdrawing margin in advance.

Mchambuzi: Jumla ya kiasi cha fedha zilizoibiwa na Kundi la Lazarus kimefikia dola bilioni 11.87, sawa na 45% ya Pato la Taifa la Korea Kaskazini mwaka 2025.

Machi aliuza BAYC #950 na BAYC #5310 kupitia muamala wa nje ya soko.