
New York and Bank of England collaborate to align global crypto regulations
NYDFS and BOE set to enhance digital finance regulation through collaborative TRE initiative.
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Both assets register $2.5 billion in assets under management currently, with a little over $500 million in inflows registered last year.

BlackRock also advocated Bitcoin exposure through its spot ETF, IBIT, as it deems direct exposure complex for many.

The cost of holding non-yielding assets like Bitcoin rises when Treasury yields spike.

This presents a shift to the model where tokens' price discovery movements happened in private markets.

The development was considered a big win, as it was granted by a circuit court.

El Salvador's regulatory clarity and digital aspirations lure Tether to establish its global headquarters.



