Search Results for "treasury"
Hong Kong Fintechs Embrace Blockchain and DLT
Blockchain firms make up nearly 40% of all new Hong Kong FinTech companies launched in 2019.
Congress Members “Express Concern” Over Treasury’s Potential Crypto Wallet Regulations
Four members of Congress have expressed concerns in a letter to the US Treasury Secretary Steven Mnuchin, over their rumored self-hosted crypto wallet regulation ban.
Tesla’s Bitcoin Investment is Revolutionary for Crypto but Other Firms May Not Do The Same Just Yet - JPMorgan
Tesla, the latest institutional giant to make a BTC purchase, has reignited the crypto bull market and propelled BTC to a new all-time high with its $1.5 billion endorsement.
Billionaires and Bitcoin: Stan Druckenmiller’s Alarming Warning on Stocks While Paul Tudor Jones Remains Bullish on Bitcoin
Billionaire Stanley Druckenmiller said during a webcast held by The Economic Club of New York that the risk-reward calculation for equities is the worst he has ever seen in his career. The billionaire expressed his doubts about the US equities’ possibility of logging a V-shaped recovery. He added that government stimulus programs will not be enough for the economic recovery post-pandemic. Druckenmiller believes that cash liquidity required to pump assets that are considered risky will shrink shortly as the US Treasury will soon end the private economy which could overwhelm the Fed purchases through borrowing consistently.
Pelosi and Mnuchin Narrow Differences on Pre-Election Stimulus Terms, Will Republicans Compromise?
House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin have reportedly narrowed their differences on the terms for a pre-election pandemic relief package.
Mode: The First UK-Listed Institution to Purchase Bitcoin as Part of its Treasury Investment Strategy
Mode has recently become the first UK publicly-traded company to purchase a significant amount of Bitcoin as part of its treasury investment strategy.
Former US Head of Treasury Lawrence Summers Backs Cryptocurrency
In an interview with CEO of the digital currency company Circle —Jeremy Allaire, Former US head of Treasury Lawrence Summers advocates for cryptocurrency’s benefits.
Arca Digital Asset Investment Firm Gets Approval from SEC to Tokenize US Treasury Bonds
Los Angeles-based digital asset investment firm Arca has launched trading for its new digitized security investment product that runs on the Ethereum blockchain.
US Treasury Secretary Janet Yellen Cites Crypto’s Growing Role in Terrorism Finance
US Treasury Secretary Janet Yellen said she sees the “promise” of cryptocurrency but also is wary of the reality that crypto is increasingly being leveraged to finance terrorism
Unlicensed Bitcoin Exchange Operator Faces Up to 5 Years in Prison in the US
William Green, a 46-year-old American citizen of New Jersey has been indicted on one count of operating an unlicensed money transmitting business through his website, Destination Bitcoin.
Charles Hoskinson: Cardano’s New Voting System Will Make ADA the Most Valuable Cryptocurrency
IOHK, the blockchain engineering company behind the Cardano blockchain, will develop a voting system that will make its ecosystem hard fork resistant.
Bitcoin Less Risky than Cash or Gold says MicroStrategy CEO Michael Saylor
Michael Saylor, CEO of MicroStrategy says Bitcoin is less risky than gold and cash and said the firm would not hesitate to dump the BTC portfolio if they had to.