As institutions are laying the groundwork for wider crypto adoption from the top down, it’s being met by rising interest from football fans from the ground up.
The annual Nasdaq 100 rebalance saw six companies dropped and three new additions, with changes taking effect on December 22, but bitcoin treasury company Strategy hung onto its spot.
As leading index provider MSCI considers excluding digital asset treasuries (DATs) from its suite of indexes, it’s worth considering the risk profile of these investment vehicles to determine if they truly meet these benchmarks, says Nic Puckrin, co-founder of Coin Bureau.
The recommendation is in line with other global asset managers like BlackRock and Bank of America suggesting small portfolio allocations to the largest cryptocurrency.
While legislative language circulates among all four corners of the talks — industry, White House, Republicans and Democrats — the process is still mid-stride.
The investing giant had asked the U.S. Securities and Exchange Commission to treat DeFi players like regulated entities, and the DeFi crowd pushed back.
The firm has begun offering stablecoin account funding for U.S. retail clients, joining a growing list of brokerages racing to keep pace with crypto-native rivals.
The agreement comes as Pakistan accelerates the rollout of a formal crypto regulatory framework and explores blockchain-based distribution of government-owned assets.