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New Argentina President Legalizes All Foreign Currencies For Payment – Including Bitcoin
22.12.2023
Source: Alexey Novikov / Adobe Argentina’s newly elected leader, Javier Miliei, has struck down forced legal tender laws forcing Argentinians to settle debt obligations in specific currencies, enabling use of alternatives like USD and Bitcoin (BTC). The rule comes attached to a sweeping executive...
Ripple Executive Predicts ‘Breakout Moment’ for Crypto Institutional Adoption
21.12.2023
Ripple’s president has shared her crypto predictions, stating that 2024 could mark “the breakout moment where institutional adoption for real-world utility takes off.” She emphasized: “The industry needs to build compliance tooling in a decentralized environment. It’s...
Coinbase CEO Says an Anti-Crypto Stance is a Bad Political Strategy Ahead of 2024
20.12.2023
Source: a video screenshot Coinbase CEO Brian Armstrong has said that an anti-crypto stance will be a bad political strategy for the 2024 elections giving reasons why millions of young people are backing digital assets. In a Dec 19 post on X ( formerly Twitter), the Coinbase Chief Executive listed...
Zooko Wilcox Ends Eight-Year Association With Company Behind Privacy Coin Zcash
20.12.2023
Zooko Wilcox, the CEO of Electric Coin Co., revealed on Dec. 18 that he is ending his eight-year association with the entity which is behind the privacy coin zcash. Despite leaving his role as the company’s top executive, Wilcox said he remains committed to anything focused on human freedom....
Spot Bitcoin ETFs Poised to Tap $30 Trillion Market, Says Grayscale CEO
20.12.2023
Grayscale Investments expects the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) to allow the $30 trillion advised wealth market to gain exposure to bitcoin. “I do think there is a lot of optimism in the market,” said...
Franklin Templeton’s Executive Expects All Nations to Hold Bitcoin — ‘Every Country Is Going to Have to Hold Some Reserves’
19.12.2023
An executive at trillion-dollar asset manager firm Franklin Templeton expects bitcoin to become “something that every treasury needs to hold.” She believes that “every country is going to have to hold some reserves,” emphasizing that the cryptocurrency is “working its way increasingly into...
Circle CEO Says Investors Should Have Exposure to Bitcoin in Complex Geopolitical Environment
16.12.2023
Circle CEO Jeremy Allaire says in a complex geopolitical environment, bitcoin is an asset that investors should have some exposure to. He emphasized that “digital commodities are here to stay,” noting that bitcoin is the largest digital commodity asset. The executive also believes...
Former Credit Suisse Executive Launches Crypto Trading Platform for Financial Institutions
14.12.2023
Source: Pixabay A new Zurich-based startup Rulematch is creating a customized crypto trading experience for banks and securities firms. The trading venue is launched by a former Credit Suisse executive David Riegelnig. Rulematch has commenced Bitcoin (BTC) and Ether (ETH) spot trading against...
Report: South African Financial Institutions Will Soon Offer Services Related to Cryptocurrencies
13.12.2023
About 73 applicants who are seeking a license to offer crypto products in South Africa are already registered as accountable institutions with the Financial Intelligence Centre, an executive at the crypto exchange Luno has said. According to the Luno executive, this may be an indication that...
Argentina’s President Javier Milei Axes Ministries; ‘There Is No Money’
12.12.2023
Javier Milei, the president of Argentina, fulfilled his promise of reducing the number of ministries of the country in one of the first executive orders of his administration. The number of ministries was reduced to nine, as the state needs to cut expenses by making adjustments targeting...
Taiwan’s FSC Sets Up Financial Technology Bureau to Oversee Crypto: Report
12.12.2023
Source: Pixabay Taiwan’s Financial Supervisory Commission (FSC) has set up a Financial Technology Bureau to oversee cryptocurrencies to protect investors and increase regulation, according to a Taiwanese news report by United Daily News (UDN). FSC chairman Huang Tian has confirmed the Executive...
Novogratz: JPMorgan CEO Jamie Dimon Is Wrong About Bitcoin, ‘Supreme Arrogance’ to Dismiss Value
10.12.2023
Galaxy Digital CEO Mike Novogratz says JPMorgan CEO Jamie Dimon has been proven wrong about bitcoin. “I think it’s supreme arrogance to think he knows what has value but all the rest of the people don’t,” said Novogratz after the JPMorgan executive slammed bitcoin as being used...
Former Paxful Top Executive Ray Youssef Joins Rival P2P Platform Noones as CEO
8.12.2023
Ray Youssef, the former CEO and founder of the peer-to-peer (P2P) bitcoin trading platform Paxful, has been appointed the chief executive officer of the P2P financial communication app Noones. Youssef also reiterated his belief that bitcoin will play a role in promoting Africa’s prosperity. Noones...
Hong Kong Gaming Giant Boyaa Interactive Shareholders to Vote on $100M Crypto Purchase Plan
8.12.2023
Source: Pixabay Boyaa Interactive International Limited, a Hong Kong-listed company, has scheduled a special general meeting of shareholders to vote on a $100 million crypto purchase plan on December 20. Directors, including independent non-executive directors, have expressed their belief that...
JPMorgan CEO Jamie Dimon Says He’d Close Crypto Down if He Were the Government
8.12.2023
JPMorgan Chase CEO Jamie Dimon told U.S. senators in a congressional hearing that he would close down crypto if he were the government. Emphasizing that he has always been “deeply opposed” to crypto and bitcoin, the executive stressed that the true use case of crypto is criminals, drug...
Grayscale CEO Claps Back At Jamie Dimon For Saying Bitcoin Should Be Banned
8.12.2023
Source: Ascannio / Adobe Stock. Bitcoin is here to stay whether big banking executives like Jamie Dimon like it or not, according to Grayscale CEO Michael Sonnhenshein. The executive is the face of the company spearheading the world’s largest Bitcoin (BTC) and Ethereum (ETH) investment funds....
Trillion-Dollar Asset Manager Franklin Templeton: There’s Obviously Demand for Bitcoin
5.12.2023
The CEO of Franklin Templeton, a $1.33 trillion asset manager, says there’s “obviously” a demand for bitcoin, noting that a spot bitcoin exchange-traded fund (ETF) is “a better way” to access the cryptocurrency. The executive added: “It’s going to unlock nontraditional, noncorrelated...
Billionaire Michael Saylor Explains Why Bitcoin Will Be the ‘Apex Commodity’ in New Keynote – Here’s What You Need to Know
4.12.2023
Michael Saylor. Source: a video screenshot, Natalie Brunell / YouTube MicroStrategy’s executive chairman Michael Saylor believes that Bitcoin (BTC) can still be 1000x from its current price of $41,500 – if given enough time. In a keynote published to X on Monday, the billionaire explained how...
Shopify COO: Expect Surprising Progress in Our Crypto Implementation
4.12.2023
Source: Adobe / boumenjapet People will be surprised by the fast progress being made with crypto implementations at e-commerce platform Shopify, according to a senior executive at the company. Writing on social media platform X on Sunday, Kaz Najatian, Vice President of Product and Chief Operating...
MoonPay Appoints Former Coinbase Executive Mike Lempres to Its Board Amid Increased Regulatory Scrutiny
30.11.2023
Source: MoonPay Crypto startup MoonPay has announced the appointment of Mike Lempres, a former executive from Coinbase and Andreessen Horowitz (a16z), to its board of directors. On November 30, MoonPay announced that Mike Lempres will be joining the company’s board of directors to provide...