JP Morgan pushes for crypto regulation after recent SEC lawsuits
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US bank JP Morgan is making its voice heard by asking the US government for regulation for the crypto industry after the SEC recent tyrannical pasts. The risk, according to the banking giant, is to see an industry that processes billions of dollars, move to other markets outside the States. Let’s look at all the details together. JP Morgan: if the US fails to provide crypto regulation, the industry will move abroad JP Morgan doesn’t seem to have really taken well the latest legal action taken by the SEC against cryptocurrency exchanges, asking the government for dedicated regulation for the
Now that Spot Bitcoin ETFs have been approved by the United States Securities and Exchange Commission (SEC), the crypto space anticipates more ETFs to enter the market, particularly Spot Ethereum ETFs. Despite this, analysts at JP Morgan, an American multinational financial service firm, have revealed a less than optimistic outlook…