NEW: We sat down with @adam3us, Co-Founder & CEO of Blockstream and @bstrco, and Jenny Johnson, CEO of @FTI_US to dig into what Wall Street's embrace of Bitcoin actually means for its original vision, the hesitation to deploy on-chain, and where the stablecoin yield debate is actually headed.
Links below.
“This technology threatens a huge number of business models that exist today in traditional finance.”
Franklin Templeton CEO Jenny Johnson explains why Wall Street resisted crypto for so long and why it can no longer ignore it.
“You Don’t Need FDIC Insurance Until You Need It”
@FTI_US CEO Jenny Johnson and @adam3us weigh in on whether stablecoin issuers should be regulated like banks and whether yield-bearing stablecoins belong under securities laws.
"When it comes to business, custody is just kind of a requirement... It gives them a level of safety, of business continuity."
- @mikebelshe, CEO of @BitGo
BitGo isn’t eligible for FDIC insurance and according to @mikebelshe, that’s by design.
Just as someone who doesn’t drive doesn’t need car insurance, @bitgo doesn’t need FDIC insurance because it doesn’t operate like a traditional bank.
NEW: We sat down with @adam3us, Co-Founder & CEO of Blockstream and @bstrco, and Jenny Johnson, CEO of @FTI_US to dig into what Wall Street's embrace of Bitcoin actually means for its original vision, the hesitation to deploy on-chain, and where the stablecoin yield debate is actually headed.
Links below.
“I think that the legislature by adding this 20 basis point tax truly is telling you to pack your bags and move.”
@AndoniOlta, Executive Director of @ILBlockchainIBA, on what Illinois’ new 0.2% crypto tax could mean for the state’s crypto industry.
“AI is definitely sucking air out of the room when it comes to crypto.”
@RasterlyRock, Head of Research at @Bitwise explains how the AI rally is pulling attention and capital away from crypto.
“Developers are here to stay, crypto is here to stay.”
@glzavatone explains why the Defend Developers PAC is building long-term political infrastructure.
“Everybody in the space has been stung and knows what it’s like when you have a political stigma against you.”
@mikebelshe, CEO of @BitGo, explains how politics has complicated efforts to pass crypto legislation.
🚨NEW: As the banking lobby prepares to ramp up its campaign against the Clarity Act ahead of a floor vote, I asked @SenLummis whether its influence could complicate the bill’s path to 60 votes.
Jacquelyn and Eleanor took the stage at @proofoftalk in Paris this week. 🇫🇷
@EleanorTerrett co-emceed the two-day event and moderated a panel featuring @FTI_US CEO Jenny Johnson and @Blockstream co-founder @adam3us before a packed house on the convergence of traditional finance and crypto.
Then @jacqmelinek hosted two fireside discussions: one with @aave founder @StaniKulechov on the lending protocol’s V4 upgrade, and another with Jorgen Ouaknine, Global Head of Innovation and Digital Assets at @EuroclearGroup and Co-Chair of the @CantonFdn, on building the hybrid chain.
A great event in the iconic @MuseeLouvre!