The new compliance solution may cut billions in compliance costs for institutions looking to invest in the crypto economy. Chainlink, a decentralized blockchain oracle network for crosschain communication, launched a compliance framework aimed at unlocking over $100 trillion worth of institutional investor capital for the cryptocurrency space. The decentralized oracle network announced the release of its Automated Compliance Engine (ACE) on Monday. The system provides a modular and standardized framework for managing regulatory compliance across both traditional and decentralized finance (DeFi) systems. Chainlink said the new standard will allow the creation of compliance-focused digital assets and services across public and private blockchain networks, including reusable digital identities, automated policy enforcement, crosschain compliant digital asset settlement and regulated asset usage in DeFi. Read more
While seeing Circle as well-positioned in the market, JPMorgan analysts warned that competition is a potential threat to the stablecoin issuer. Analysts at JPMorgan, a major US investment bank, have initiated coverage of Circle (CRCL) shares with an underweight rating and a $80 price target by December 2026. JPMorgan’s analysts, led by Kenneth Worthington, on Monday presented their first formal Circle stock analysis in the “North America Equity Research” report, seen by Cointelegraph. Down 55% from the current CRCL price of $180, the forecast is based on a 45x multiple of projected 2027 earnings per share (EPS) plus a $10 premium for upside potential. Read more