Historic Turnaround for Crypto with Giant Financial Players Entering the Field

June 2023 has marked a significant phase for cryptocurrencies that will be remembered in the years to come. After the collapse of LUNA, we hinted that the regulatory environment for crypto would never be the same. Subsequent bankruptcies and strict attitudes developed, making June a turning point. Cryptocurrency Good News Following the Spot Bitcoin ETF application by BlackRock, trillion-dollar giants began investing in cryptocurrencies. CACEIS, an asset service company owned by Credit Agricole and Santander, registered with France’s market regulator AMF to provide custody services for digital assets like cryptocurrencies. This promising news is just one among many in the last ten days. The application made today reflects confidence that BlackRock will get approval. Cryptocurrency has now officially become an area in which traditional finance giants are involved. According to the AMF website, the company registered as a digital asset service provider (DASP) on June 20. The number of crypto-focused […] The post Historic Turnaround for Crypto with Giant Financial Players Entering the Field appeared first on COINTURK NEWS.