CoinDesk's daily briefing rounds up three developments: JPMorgan predicts bitcoin will outperform stocks, bonds and gold over the next decade; Microsoft and Alphabet are pushing back against tokenized versions of their shares; and France is moving closer to taxing crypto-to-stablecoin swaps.
- JPMorgan's decade-long outperformance call adds a major bank voice to bitcoin's long-term case.
- The Microsoft and Alphabet objections extend the list of issuers resisting the OKX-ICE tokenized-stock effort, after an Oct. 19 filing showed 16 companies objecting to having their shares tokenized.
- France's move targets swaps from crypto into MiCA-regulated stablecoins, following the National Assembly's vote on the measure.
No additional details were disclosed in the briefing.