Latest from Will Canny
Coinbase Off to a Good Start in 2023: JPMorgan
One of the biggest contributors to revenue in the fourth quarter was from Coinbase’s relationship with Circle, the report said.

Ordinals NFTs Can Make Stacks’ STX a Multibillion-Dollar Token: Matrixport
Stacks' ability to leverage the Bitcoin blockchain’s security for settlement of transactions positions the network well for developing Bitcoin decentralized finance, the report said.

Hong Kong’s Approach to Crypto Regulation Could Attract Capital, Talent to Asia: Bernstein
The Securities and Futures Commission is adopting a “regulate to protect” approach to digital assets, the report said.

Arbitrum’s User Base Is Fastest Growing Among Leading Blockchains: Bernstein
It is the only blockchain where liquidity locked is growing, the report said.

Bernstein: SEC Tightening of Crypto Regulations Is Not an Existential Threat
Some in the industry had expressed concern that crypto was actively being removed from the banking system with an attack on stablecoins and custody rules, the report said.

Coinbase: Ether Selling Pressure Should Be Fairly Limited Around the Shanghai Fork Upgrade
The amount of potential selling pressure around Ethereum’s planned upgrade has been complicated by Kraken’s decision to wind down its U.S. staking business, according to a research report.

Crypto Trading Platform Talos Announces Tie-Up With Payment Services Provider BCB Group
The firms' clients will have access to comprehensive trade lifecycle services.

Morgan Stanley: Falling Stablecoin Issuance Is Negative Sign for Crypto Trading
U.S. regulatory efforts are likely to focus on stablecoin regulation, the report said.

Una reacción negativa ante las regulaciones aumentará las operaciones DeFi y offshore, según Bernstein
La extralimitación regulatoria conducirá a un mayor movimiento hacia las aplicaciones de finanzas descentralizadas construidas directamente en la cadena por equipos anónimos, dijo el informe.

Bernstein Says Regulatory Backlash Will Lead to More DeFi and Offshore Crypto
Regulatory overreach will lead to further movement towards decentralized finance apps, built directly on-chain by anonymous teams, the report said.
