Sotheby’s will allow people to trade their crypto for an ‘intrinsically worthless’ rock
Is the auction house betting that diamonds will become a crypto user’s best friend? Go to Source Powered by WPeMatico
Adoption
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Crypto company CEO says the recent crypto boom brought increased adoption
Crypto usage in 2021 differs from the 2017 rally, according to the CEO of StormX. Go to Source Powered by WPeMatico
FTX’s Sam Bankman-Fried: Institutions are ‘desperate’ for crypto
Is SBF going to lobby the government on behalf of crypto? How badly do institutions want in on the blockchain game? When’s a moat an impediment to growth, and not a protective shield? Go to Source Powered by WPeMatico
An asset for all classes: What to expect from Bitcoin as a legal tender
New tech that reduces costs of international payments would “be a boon for poor countries that rely on remittances” — but will BTC as legal tender fix that? Go to Source Powered by WPeMatico
Bitcoin first ‘genuinely new asset class’ in 150 years, says Ric Edelman
Financial adviser, Ric Edelman says his colleagues need to get rid of their bias and examine Bitcoin and crypto assets with “open eyes” and “genuine curiosity.” Go to Source Powered by WPeMatico
Over 2 million adults in UK now hold crypto, FCA survey finds
Crypto awareness in the U.K. has risen, but understanding has fallen, the FCA said following a new survey. Go to Source Powered by WPeMatico
Crypto and ‘meme stocks’ shunned by 90% of UK financial advisers
A recent Opinium poll has shown that a majority of British financial advisers are not advocates of crypto investing for their clients. Go to Source Powered by WPeMatico
Jack Dorsey notes lobbying efforts to get Ethiopian gov’t to embrace Bitcoin
Ethiopian-based group Project Mano is lobbying the government to mine, hold, and link Bitcoin to the ETB or other legal tenders. Go to Source Powered by WPeMatico
Russian central bank ‘short-sighted’ regarding crypto, lawmaker says
A long-time member of the Russian State Duma has criticized the central bank’s approach to digital assets. Go to Source Powered by WPeMatico
‘Bitcoin is not an asset that is designed to be leveraged’ says Caitlin Long
Avanti Financial CEO says Bitcoin shouldn’t be leveraged, while regulations for stablecoins are underway Go to Source Powered by WPeMatico