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Month: July 2021
U.S. Treasury Secretary Janet Yellen has requested the regulators overseeing crypto belongings to “act shortly to make sure there may be an acceptable U.S. regulatory framework in place” for stablecoins. U.S. Division of the Treasury’s Workplace of Public Affairs introduced Monday the end result of the assembly of the President’s Working Group on Monetary Markets …
JPMorgan says a variety of its asset and wealth administration shoppers assume cryptocurrency is an asset class and so they need to put money into it. “Our job is to assist them to place their cash the place they need to make investments,” stated the CEO of J.P. Morgan Asset & Wealth Administration. A Lot …
On July 19, the CEO of the crypto monetary providers agency Blockfi, Zac Prince, informed the general public that the New Jersey Bureau of Securities has informed the corporate to “cease accepting new BIA shoppers residing in New Jersey starting July 22, 2021.” New Jersey’s appearing lawyer common Andrew Bruck additionally tweeted in regards to …
The value of bitcoin has slid below the $30K zone on Tuesday, dipping to $29,300 per unit through the early morning buying and selling classes (EDT). The worldwide cryptocurrency market capitalization of all of the crypto cash in existence is $1.19 trillion because it decreased by greater than 6% within the final day. Bitcoin’s Market …
A brand new museum devoted to the historical past of bitcoin mining opened its doorways in Venezuela final weekend. The establishment will enable guests to be taught in regards to the historical past of cryptocurrency mining, going from its roots to the present state of the mining trade. The museum is a part of a …
Tesla and Spacex CEO Elon Musk has continued to tweet in regards to the meme cryptocurrency dogecoin. He has modified his profile picture on Twitter to incorporate a picture of the Shiba Inu canine that represents dogecoin. He additionally tweeted that his son is “hodling his Doge like a champ.” In the meantime, dogecoin’s buying …
Grayscale Investments has launched a decentralized finance (defi) fund. The brand new defi fund is the crypto asset supervisor’s fifteenth funding product and its second diversified product. “The emergence of decentralized finance protocols present clear examples of applied sciences that may redefine the way forward for the monetary providers {industry},” mentioned the Grayscale CEO. Grayscale …
Digital foreign money markets have slipped in worth this week as bitcoin has shed greater than 8% of its worth during the last seven days. All the market capitalization of all 10,000+ crypto property has additionally dropped 3.4% in worth to $1.25 trillion on Monday. Crypto markets are following the pattern of enormous drops seen …
An aspirant to the submit of commissioner with the Kenyan Unbiased Electoral and Boundaries Fee (IEBC) has urged the elections physique to contemplate adopting blockchain know-how. In line with Justus Abonyo, a former official with the Social Democratic Get together of Kenya, doing this may assist Kenya scale back the price of “operating an election …