# Сопутствующие статьи по теме Regulation

How US banks are quietly preparing for an onchain future

US banks are methodically preparing for an onchain future by focusing on tokenizing traditional financial products like deposits, funds, and custody services, rather than speculative crypto assets. Key initiatives include JPMorgan’s JPM Coin and Citi’s Token Services for institutional payments, as well as experiments with tokenized money market funds and real-world assets. These efforts are largely occurring in wholesale payments and settlement, with strong regulatory oversight. Major banks are also building compliant custody solutions for digital assets. Regulators are permitting these activities within tightly supervised frameworks, emphasizing risk management and operational resilience. This incremental shift is reshaping financial infrastructure with embedded automation, real-time settlement, and reduced counterparty risk.

cointelegraph12/22 17:25

JPMorgan explores crypto trading for institutional clients: Report

JPMorgan Chase is reportedly exploring the launch of cryptocurrency trading services for its institutional clients, marking a significant expansion into digital assets. According to Bloomberg, the bank is assessing potential offerings, including spot and derivatives trading, in response to growing client interest and a shifting regulatory landscape in the U.S. This move represents a notable shift from CEO Jamie Dimon’s previous criticism of Bitcoin, though he has expressed support for stablecoins and blockchain technology. The development follows similar initiatives by other financial institutions, such as France’s BPCE and BNY Mellon, which are also expanding their crypto services.

cointelegraph12/22 15:58

Coinbase to acquire The Clearing Company in prediction markets push

Coinbase has agreed to acquire The Clearing Company, an on-chain prediction markets startup, as part of its strategy to become an "Everything Exchange." The acquisition, expected to close in January, will expand Coinbase’s offerings beyond digital assets to include prediction markets spanning politics, sports, and culture. The Clearing Company, founded earlier this year and backed by Coinbase Ventures, recently applied to become a Derivatives Clearing Organization with the CFTC. Coinbase views prediction markets as a major growth opportunity, citing regulatory developments and potential tax advantages over traditional gambling. The move aligns with broader industry interest in event-based markets, with players like Polymarket and Kalshi also active in the space.

cointelegraph12/22 15:07

MoonPay President warns banks: ‘Can’t freeze progress’ on tokenization

MoonPay President Keith Grossman asserts that tokenization is an unstoppable force, warning traditional financial institutions that they cannot freeze progress to protect legacy systems. He compares its disruptive potential to digitization's impact on the media industry, stating it will transform finance's distribution, monetization, and power dynamics. Despite opposition from entities like the World Federation of Exchanges and Citadel Securities, the trend is deemed inevitable. The tokenized market, already exceeding $700 billion and eyeing $1 trillion, is experiencing significant growth in areas like credit and equities. Grayscale projects it could expand 1000x by 2030, with major blockchains and assets like ETH and SOL poised to benefit.

ambcrypto12/22 14:01

Ghana passes law to legalize crypto trading, central bank governor says

Ghana has legalized cryptocurrency trading by passing the Virtual Asset Service Providers Bill, establishing a regulatory framework for the industry. The Bank of Ghana (BoG) will serve as the primary regulator, with powers to license and supervise crypto asset service providers. According to BoG Governor Johnson Asiama, the law aims to manage risks such as fraud and money laundering, support innovation, and improve financial inclusion, especially among youth and tech entrepreneurs. Ghana ranks among the top five Sub-Saharan African countries in crypto adoption, with the region experiencing significant growth in on-chain value.

cointelegraph12/22 13:42

Clarity Act delays led to $952M in crypto fund outflows: CoinShares

Crypto investment products experienced $952 million in outflows, the first negative week in four, primarily due to delays in the US Digital Asset Market Clarity Act. According to CoinShares, this created regulatory uncertainty and concerns over whale selling. Ether (ETH) funds led outflows with $555 million, followed by Bitcoin (BTC) with $460 million. The majority of outflows ($990 million) came from the US, partially offset by inflows in Canada and Germany. Despite the setback, some "smart money" traders remain net long on Ether. The Clarity Act, now expected in January 2026, aims to define crypto securities and commodities.

cointelegraph12/22 13:35

Crypto Exec Warns Tokenization Is Moving Faster Than Expected

bitcoinist12/22 13:32

Crypto may enter insurers’ portfolios as Hong Kong reviews capital rules

The Hong Kong Insurance Authority is proposing to allow insurance companies to allocate capital to cryptocurrencies and infrastructure projects. Under the proposal, crypto investments would be subject to a 100% risk charge, requiring insurers to hold regulatory capital equal to the full value of their crypto holdings. The move is part of a broader review of the risk-based capital regime to support the industry and economic development. This follows a global trend, as the EU has proposed similar capital rules, and insurers like MassMutual and Allianz have already made crypto investments. Hong Kong has been actively developing its crypto regulatory framework, including stablecoin rules and a fintech strategy focused on tokenization, despite mainland China's continued restrictions on crypto activities.

cointelegraph12/22 12:41

Prediction Markets: An Extended Form of Binary Options?

After observing prediction markets, it is increasingly evident that they share significant similarities with binary options. In many respects, prediction markets can be viewed as an extended form of binary options. Both utilize binary (yes/no) contracts where the price fluctuates between 0 and 1, reflecting the market's consensus probability of an event occurring. For instance, a price of 0.7 indicates a perceived 70% likelihood. At expiration, the contract settles at 1 if the event occurs and 0 otherwise—mirroring the payoff structure of binary options. The core of both systems lies in forecasting binary outcomes and using market prices to estimate event probabilities. They aggregate collective intelligence, allow speculation, and enable risk management. However, differences exist: prediction markets cover a broader range of verifiable events (e.g., weather, elections, or box office results) with flexible timeframes, while binary options are primarily focused on short-term financial asset movements (e.g., stocks or currencies). Additionally, binary options are often more speculative and face stricter financial regulations in regions like the EU and the US. Prediction markets, though currently less regulated (especially in crypto), emphasize accuracy and may eventually come under regulatory scrutiny due to concerns like market manipulation. These distinctions could lead to divergent regulatory and developmental paths in the future.

marsbit12/22 12:05

Bitcoin Mining Could Be Strengthening The Ruble, Russian Central Bank Says

Russian Central Bank Governor Elvira Nabiullina stated that Bitcoin mining may be providing incremental support to the ruble, though its impact is hard to quantify due to the sector operating in a "gray area." She acknowledged mining as one factor contributing to the strong ruble exchange rate but cautioned against attributing recent ruble strength solely to a surge in mining activity. Russian officials are increasingly viewing crypto-related financial flows as macro-relevant, with some describing mining as a de facto export that influences currency markets outside traditional channels. The central bank is pushing to legalize and regulate the sector to improve oversight and control. Meanwhile, policymakers clarified that cryptocurrencies will not be recognized as legal tender in Russia.

bitcoinist12/22 12:01