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BlackRock CEO Larry Fink has taken a friendlier stance towards Bitcoin and the broader crypto space. Fink described Bitcoin as an international asset that he would like to democratize.BlackRock is looking to work closely with regulators in the U.S. to further Bitcoin adoption through a spot BTC ETF. Larry Fink previously dismissed
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Larry Fink, the CEO of BlackRock, has delivered pro-crypto remarks amid the asset manager applying to list a spot Bitcoin exchange-traded fund (ETF) in the United States.Speaking on Fox Business on July 5, Fink said the role of cryptocurrency was largely “digitizing gold”, suggesting U.S. regulators consider how an ETF
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Governments have yet to address all the ways crypto might be taxed, the International Monetary Fund (IMF) has realized, and the amount of taxes not imposed or collected may reach well into the tens of billions of dollars. That insight does little to reduce the variety of challenges in taxing
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Lightspark CEO David Marcus recently expressed concerns about the United States falling behind in digital asset development, further intensifying discussions on global cryptocurrency competitiveness. In a recent statement, David Marcus, CEO of Lightspark and former PayPal president,
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Cryptocurrency laws in the United States should be “reserved” and not regulate the technology as though every use is financial, argues a commissioner at the U.S. Securities and Exchange Commission.On June 29, Commissioner Hester Peirce — dubbed “Crypto Mom” — appeared remotely at Australian Blockchain Week and was asked how she
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Two notes before diving in: First, all of the following are allegations made by the FTX liquidators. The claims may or may not surface or be confirmed in the separate criminal trial against Sam Bankman-Fried, currently scheduled to begin in October. And second, for clarity, I’ll be referring throughout to
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Monetary Authority of Singapore (MAS) has recently disclosed a detailed report exploring the integration of asset tokenization and decentralized finance (DeFi) within global financial systems and standards. In a fresh development, Singapore’s monetary watchdog, the Monetary
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As asset tokenization continues at a rapid pace, the Monetary Authority of Singapore (MAS) and 11 financial institutions examined infrastructure models to facilitate tokenized asset trading. The key to unlocking the full benefits of the technology is open and interoperable digital asset networks, the MAS said in its Project Guardian
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The CEO of Hong Kong's Securities and Futures Commission (SFC), Julia Leung Fung-yee, addressed Hong Kong's embrace of Web3 regulation following the collapse of crypto exchange FTX last November, noting that crypto trading is an important part of the virtual asset ecosystem.During a recent speech, Leung reportedly explained that the
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto.com has officially announced the acquisition of its virtual asset service provider (VASP) registration from the Bank of Spain. The registration grants Crypto.com the authority to provide a wide range of products and services to users in
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