How PayPal Upended the Crypto Debate in Washington D.C.
The fintech giant’s PYUSD stablecoin has forced a rethink among Democratic policymakers who previously resisted federal legislation, says John Rizzo.Source
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Entries by GRYZUoDLu7t8z22
Sei, Blockchain Designed for Trading, Goes Live but ‘Frustration’ Mounts Over Airdrop
The buzzy blockchain project’s SEI token saw a flurry of trading as it debuted on several crypto exchanges Wednesday, but there was much confusion over the status of a promised token “airdrop” to early adopters of the network.Source
PayPal to Stop Crypto Purchases in UK Until 2024
Payments giant PayPal will temporarily pause crypto purchases in the United Kingdom until early 2024, the company said Wednesday, citing new rules by the country’s financial regulator.Source
The End of the End of Crypto
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Bitcoin Slips to $29K, but Fundstrat’s Tom Lee Sees $150K on ETF Approval
Altcoins are leading declines, with majors like DOGE, SOL and MATIC shedding 6-7% in the past 24 hours.Source
In Canada, Spot Bitcoin ETFs Have Been Working for Years
Gorast Tasevski and Haan Palcu-Chang of Purpose Investments share thoughts about bitcoin ETFs – and Canada.Source
Why Crypto Investors Should Care About Tokenomics: Crypto Long & Short
Perceptions of token issuance by projects have changed dramatically during the crypto winter.Source
The Machine Economy and the Convergence of Web3, AI and Fintech
Fintech, Web3, and artificial intelligence are one economic whole, and our ability to grow each relies on their deep synthesis, says Lex Sokolin, founder of Web3 investment fund Generative Ventures.Source
Crypto Mining Gets Its Own Lobbying Voice in Washington
Crypto miners are establishing a new voice in U.S. policy, starting up the Digital Energy Council to lobby for friendly policy as regulators and Congress are wrestling with the next steps in crypto regulation.Source
Altcoin Plunge Leads Crypto Lower; Bitcoin Slips 0.7% to $29,150
A sharp mid-afternoon selloff upended what had been a quiet Tuesday in cryptocurrencies.Source