Crypto News Daily

JPMorgan has announced the launch of a tokenized money-market fund on the Ethereum blockchain, utilizing on-chain technology to settle fund shares. This move marks a significant step in integrating traditional finance with blockchain technology, potentially paving the way for more financial institutions to explore blockchain-based solutions.

The U.S. Senate has postponed the markup of the crypto market-structure bill to next year, delaying immediate progress on establishing a comprehensive regulatory framework for the cryptocurrency industry. This delay may impact investor confidence and the regulatory clarity sought by industry stakeholders.