WS #15098
Institutional adoption of crypto is accelerating, with US spot Bitcoin ETFs recording $2.95 billion in inflows over the last 30 days. However, regulatory risks are mounting as a Senate report alleges Iran is using Tether stablecoins to evade sanctions, prompting calls for stricter oversight of crypto protocols and potentially dampening the near-term sentiment for altcoins and stablecoin issuers.
Crypto Regulatory Scrutiny
Institutional adoption of crypto is accelerating, with US spot Bitcoin ETFs recording $2.95 billion in inflows over the last 30 days. However, regulatory risks are mounting as a Senate report alleges Iran is using Tether stablecoins to evade sanctions, prompting calls for stricter oversight of crypto protocols and potentially dampening the near-term sentiment for altcoins and stablecoin issuers.