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Crypto Market Dynamics and Regulatory Challenges
This chapter explores the shifting landscape of financial markets shaped by regulatory changes and technological advancements, particularly focusing on the tokenization of securities and subcustody arrangements. It dives into significant developments such as collaboration between investment firms for decentralized finance access, the potential of Solana ETFs, and a controversial figure's rise in crypto. The chapter also discusses the ongoing tensions between major stablecoin projects, Tether and USDC, against the backdrop of new regulations impacting their operations.