U.S. Treasury Advisory Panel Says Tokenization Could Be Big, But May Need Central Control

The U.S. Treasury Department’s panel of Wall Street advisers see the tokenization of U.S. debt and other assets providing some significant potential advances, the group contended in a new report – while also envisioning an inevitable need for the kind of heavy central hand that may rankle the crypto sector.
Coinbase Shares Slump After Big Q3 Earnings Miss on ‘Softer’ Market Condition
BlackRock’s Entry Into Crypto Matters More Than U.S. Election, QCP Capital’s Darius Sit Says

BlackRock CEO Larry Fink on CNBC means more to QCP’s founder and chief investment officer rather than presidential candidates promoting crypto.
Coinbase Pours $25M More Into Fairshake as CEO Armstrong Says ‘We’re Not Slowing Down’
MyTrade Head First to Plead Guilty Among Group of Firms Accused of Gaming Markets

The U.S. Department of Justice said it secured a guilty plea from the operator of crypto “market maker” MyTrade, which was one target in a wide-ranging sting that brought manipulation charges to multiple firms and individuals earlier this month.
Coinbase’s Earnings Miss Makes U.S. Election Even Bigger Catalyst: Analysts

The U.S. presidential election is an important short-term catalyst for Coinbase and the wider industry, and could lead to more regulatory clarity, analysts said.
Bitcoin Prices Take Breather as BTC ETFs Record Another Day of Monster Inflows

Strong net flows into bitcoin exchange-traded funds indicate robust institutional demand as BTC dominance rise further at the expense of ether, one trader noted.
Robinhood’s Stock Tumbles After Earnings Miss, While JMP Analyst Remains Bullish

The company missed consensus revenue expectations, analysts said.
Archax to Buy Spanish Broker King & Shaxson Capital Markets to Expand in Europe

The completion of the acquisition is subject to regulatory approval in Spain.
Freed From Prison, Binance Founder CZ Gets Ovation in Dubai and Talks New Educational Venture

The Binance founder received an ovation at a standing-room only appearance in Dubai.
