RATE Group | Wall Street’s embrace could break Bitcoin
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Wall Street’s embrace could break Bitcoin

Wall Street’s embrace could break Bitcoin

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Ready or not, Wall Street is coming for Bitcoin. Intercontinental Exchange, the owner of the New York Stock Exchange and one of the largest infrastructure providers for financial markets in the US, said recently that it plans to launch a regulated digital asset exchange. This could change Bitcoin immensely, though—and depending on whom you ask, perhaps not for the better.

This piece first appeared in our twice-weekly newsletter Chain Letter, which covers the…

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