Citi Bank used Avalanche to explore private equity funds tokenization
Citi Bank, Wellington Management, and WisdomTree explore private equity tokenization on Avalanche. The Proof of concept demonstrates the potential for enhanced automation, compliance, and control. Collaboration with DTCC Digital Assets evaluates interoperability and seamless integration. Citi Bank, in collaboration with…
Has President Biden announced his support for Bitcoin? | CoinDesk JAPAN
Let’s answer the question in the title. No. President Biden has not suddenly become a Bitcoin supporter. Memes that are misleading However, the president’s social media team posted an image of the president with “laser eyes†(he emits laser beams…
SEC Chair Gensler On Crypto ETFs
Following is the unofficial transcript of a CNBC interview with SEC Chair Gary Gensler on CNBC’s “Squawk Box†(M-F, 6AM-9AM ET) today, Wednesday, February 14. Following is a link to video on CNBC.com: SEC Chair Gensler: Crypto is a field…
Briton to sue local council for £1bn after ex binned Bitcoin hard drive worth £275m
Published by GB News A man is set to start legal proceedings against his local council after they reportedly refused to let him dig for a hard drive worth £275million. James Howells has been locked in a row with Newport…
Bitcoin prices soar, following post-approval surge in demand
Published by Euronews (English) Bitcoin prices hit $51,757 (€48,274) on Wednesday afternoon, the highest since the beginning of December 2021, following surging demand for Bitcoin exchange-traded funds (ETFs). The US Securities and Exchange Commission approved the first US-listed Bitcoin ETF…
“78% of institutional traders have no plans to trade cryptocurrencies†JP Morgan survey
Attitude survey for institutional investors US financial giant JP Morgan has released the 2024 edition of “The e-Trading Edit,” an attitude survey targeting more than 4,000 institutional traders. Questions regarding crypto assets (virtual currency) are also included. First, regarding handling…
There is a high possibility that the Philippines will not use blockchain for wholesale CBDC – could it happen by 2026? | CoinDesk JAPAN
The Philippines is likely to issue a wholesale CBDC within two years, the Inquirer reported. There are no plans to issue a retail CBDC due to concerns that there is a high possibility of a bank run. Central Bank of…
Iranian government targets cryptominers amid bitcoin rally
By bne correspondent in Tehran Iran Power Generation, Transmission, and Distribution Company (Tavanir) have launched an initiative to tackle unauthorised crypto mining amid the surge in cryptocurrency values and foreign exchange rates, as reported by Barghnews on February 12. News…
Court Dismisses Authors’ Copyright Infringement Claims Against OpenAI
In recent months, rightsholders of all ilks have filed lawsuits against companies that develop AI models. The list includes record labels, individual authors, visual artists, and even the New York Times. These rightsholders all object to the presumed use of…
Bitcoin Traders Eye $64K Target As Blackrock’s ETF Rakes In $500M In A Day
Published by Benzinga Bitcoin (CRYPTO: BTC) traders are setting their sights on a $64,000 price target as BlackRock’s iShares Bitcoin ETF experiences a massive $500 million inflow in a single day. What Happened: The inflow into prominent spot Bitcoin ETFs…