MSCI Criticized For Bitcoin Omission: “It’s Like Faulting Chevron For Oil”
MSCI has launched a consultation on whether companies with significant cryptocurrency or Bitcoin holdings should be excluded from some of its main indices, sending waves through markets that track those indexes. Related Reading: Is Trump About To Shake Up Crypto Gaming? New ‘Billionaires Club’ Set For Release According to reports, the consultation targets firms whose […]
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e& UAE, United Arab Emirates’ telecom giant, has signed a memorandum of understanding with Al Maryah Community Bank to trial AE Coin, a Central Bank-licensed stablecoin, as a payment option across the telco’s services. Related Reading: MSCI Criticized For Bitcoin Omission: “It’s Like Faulting Chevron For Oil” According to company statements, the plan would let […]
Concerns regarding the potential exclusion of Strategy (MSTR) from the MSCI index emerged last week, with estimates from JPMorgan analysts indicating that such a move could result in approximately $2 billion to $8 billion in outflows. Amid mounting concerns within the crypto community, Michael Saylor confirmed that the company is in discussions with MSCI regarding […]
Strategy, formerly known as MicroStrategy, has expressed strong opposition to a proposal by the Morgan Stanley Capital International (MSCI) to exclude digital asset treasury companies (DATs) from its indexes. Calls For Fair Treatment Of Digital Asset Companies In a recent letter signed by Michael Saylor and the firm’s CEO Phong Le, Strategy highlighted its support for MSCI’s efforts to establish consistent eligibility criteria across its indices. However, the company criticized the proposed threshold for excluding firms with more than 50% digital assets on their balance sheets,....
Strategy (formerly MicroStrategy) has kept its place in the Nasdaq 100 during this year’s reshuffling—its first since joining the index in a similar event last December. This comes as a piece of good news as the Bitcoin corporate buyer contends with the risk of possible exclusion from Morgan Stanley Capital International (MSCI)’s indexes. MSTR Survives […]
Charles Hoskinson, the founder of Cardano, has publicly criticized the Wyoming Stable Token Commission’s recent blockchain network selections for the state’s upcoming stablecoin, the Wyoming Stable Token (WST). In a livestream titled “XRP and Wyoming” broadcasted on November 25, 2024, Hoskinson questioned the commission’s opaque selection process and raised concerns about potential conflicts of interest. […]