🔴 #ESMA provided its advice to the @EU_Commission on the review of the #UCITS Eligible Assets Directive → https://t.co/IsBkM9iWgU✅ comprehensive assessment of the EAD’s implementation across Members States✅ proposals to ensure regulatory uniformity across jurisdictions https://t.co/FnocbwjXIP ...

Welcome to Bankless, where we explore the frontier of stable coins. On today's episode, the Genius Bill just passed in the Senate. David and I have Senator Bill Hagerty. He's one of the co-authors of the bill. He's on the episode today. David, what' you think? Yeah, Bill is uh he's bullish. Uh he he also shared with us a story of his first interaction with crypto and illicit payments and that was his first impression about crypto like way back I think it was in like 2018 2019 when he told that story it was ...

I think the immediate question is the immediacy of how quickly the bill passes to the president's desk and how you see that happening. Well, thanks, Ed. Glad to be here.So the next step here is for the House to take it up. And I think the House is considering its options, but I think we're basically at the finish line here. The House already passed a similar version of the bill called the Stables Act.And I think that we're very close here to having a bill that can go to the president's desk. There is also a ...

RT MiCA Crypto Alliance (@MiCA_Alliance)📢 Last week, we submitted a joint response to the @TheFCA Discussion Paper DP25/1, together with the @UKCBT_orgThe paper explores how the UK might regulate cryptoasset activities. We focused on two of the most complex areas:– Decentralised finance– ESG disclosures in crypto✅ Decentralisation isn’t binary.The FCA rightly notes that decentralisation exists on a spectrum. But without a shared way to measure it, legal clarity remains out of reach.We recommended using netw ...

Regulatory Landscape - Senate passed a major stable coin bill with strong bipartisan support, vote was 68-30 [1] - The bill sets the rules of the road for stable coins [1] - The bill now moves to the House, where it faces questions regarding its movement [1] Legislative Differences - House version of the stable coin bill differs in terms of federal oversight and treatment of foreign issuers [2] - House aims to move stable coin legislation alongside a more complex market structure bill for digital assets [2] Market Outlook - There is momentum and willingness to finalize stable coin legislation [2]

Well, that big beautiful bill is causing a bit of a ruckus out there, as I'm sure you all know, with President Trump and Elon Musk uh having having different points of views. I think the way this is evolving is Elon, Tesla, and investors understand, are beginning to understand more and more just how much the government has control here. SpaceX has $22 billion in contracts, government contracts.Regulation will impact the transportation sector. We are hoping that the regulation for autonomous taxi platforms t ...

the first amendment stuff he's talking about is nonsense. It's just that's not what they believe in. They want a thing.And so I always look at the things they want and Trump will give it to them. And in AI, it's critical that they have no federal regulation in an area that absolutely needs federal and global regulation. This is like we're in the dawn of the nuclear age and the private companies are going to decide what nuclear nukes and store them.That's what this is. So we are in a really critical and Trum ...

Summary of JPMorgan Chase (JPM) 2025 Conference Call Company Overview - **Company**: JPMorgan Chase (JPM) - **Event**: 2025 Conference - **Date**: June 10, 2025 Key Points Company Performance - JPMorgan has achieved an industry-leading profitability with a Return on Tangible Common Equity (ROTC) of over 17% for the last seven years [3][19][30] - The company has consistently outperformed competitors, with only a few other firms achieving similar ROTC levels [19][20] Management Philosophy - The management style emphasizes relentless focus on performance, proper allocation of resources, and transparency in operations [4][8] - The importance of organic growth is highlighted, with a call for management teams to focus on internal growth rather than solely on mergers and acquisitions (M&A) [11][13][30] Growth Strategies - JPMorgan is exploring organic growth opportunities across various business segments, including investment banking, consumer banking, and asset management [32][34] - The company is open to M&A but emphasizes the need for careful analysis and consideration of potential synergies [15][16] Market Conditions and Risks - Current market conditions are described as stable, but there are concerns about potential economic downturns and credit stress due to rising leverage in the market [66][68] - The company is cautious about the impact of inflation and interest rates on the economy, particularly regarding long-term bond rates [74][75] Technology and AI - JPMorgan invests approximately $18 billion annually in technology, with a focus on AI to enhance operational efficiency [42][44] - While AI is seen as a potential game changer, the competitive landscape means that all banks will adopt similar technologies, making differentiation challenging [35][36] Regulatory Environment - There is a call for a holistic review of banking regulations, with concerns that current rules may be driving banks out of certain markets [77][81] - The company holds significant excess capital, which may become more relevant as regulatory changes occur [86][94] Consumer and Corporate Sentiment - Consumer sentiment is mixed, with some segments showing resilience while others are experiencing normalization in spending patterns post-COVID [53][54][57] - Corporate sentiment is also fluctuating, with businesses adapting to changing economic conditions [58][60] Future Outlook - The company remains optimistic about growth opportunities but acknowledges the complexities of the current economic landscape [102][103] - There is a focus on maintaining a strong capital position while seeking opportunities for investment and growth [99][100] Community Engagement - JPMorgan is committed to serving diverse communities, including low-income neighborhoods, and offers products tailored to various customer segments [125][127] Additional Insights - The management emphasizes the importance of understanding competition and continuously assessing market dynamics to avoid complacency [7][9] - There is a recognition of the challenges posed by regulatory frameworks and the need for ongoing dialogue with regulators to ensure a competitive banking environment [82][84]

[Music] Greetings everyone. It is uh in the know day as well employment Friday uh and uh we have a lot to discuss as usual we'll we'll go through fiscal policy monetary policy economic indicators market indicators and uh we'll talk a little bit about uh some real breakthroughs in terms of uh the market recognizing how much innovation is taking place. Um so uh starting w with fiscal policy and I'll I'll go through and and just uh make a few observations before we flip to charts.So um on fiscal policy, well t ...

RT Digital Pound Foundation (@digitalpoundfdn)The UK is at a critical juncture in the digital assets space.At @Ripple's UK Policy Summit, we discussed how the UK can solidify its position as a global leader in digital assets.With the upcoming regulatory framework, there's a huge opportunity to unlock growth, from faster cross-border payments to the tokenisation of financial markets. To succeed, we must act with urgency and develop a clear, risk-sensitive approach to regulation. It's time for the UK to lead ...