Fed decided against rate hikes in June FOMC meeting, but left room for future increases
The Fed reasserted its decision to leave the target interest rate at 5% to 5.25%.
Coinbase's future revenue projections hampered by regulatory ambiguities
Governments across the globe are catching up cryptocurrency innovation as they work to establish regulations that will shape the industry's physical and geographical presence.
Several global asset manager signed an SSA agreement with Coinbase in spite of the SEC's litigation against the firm.
Grayscale expects that the ruling on its lawsuit challenging the SEC's rejection of spot Bitcoin ETF application to come in by fall this year.
Paul Grewal believes Congress could close the regulatory vacuum by passing legislations for the crypto industry.
The United Kingdom recently approved a bill that made crypto trading a regulated financial activity within the country.