Month: June 2022

US Wants to Promote ‘Responsible Innovation,’ Deputy Treasury Secretary Says

We brought some very interesting speakers to Consensus 2022 earlier this month, and while I believe the plan is to publish the full videos in the near future, I’ve always found it easier to pick information up by reading it than by watching or listening to it. This week, I’m continuing my exploration into transcripts with snippets from two conversations held at Consensus: fireside chats with Deputy Treasury Secretary Adewale Adeyemo and Ripple CEO Brad Garlinghouse. Source 039ResponsibledeputyInnovation039PromoteSecretaryTreasury CryptoX Portal

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US Wants to Promote 'Responsible Innovation,' Deputy Treasury Secretary Says

We brought some very interesting speakers to Consensus 2022 earlier this month, and while I believe the plan is to publish the full videos in the near future, I’ve always found it easier to pick information up by reading it than by watching or listening to it. This week, I’m continuing my exploration into transcripts with snippets from two conversations held at Consensus: fireside chats with Deputy Treasury Secretary Adewale Adeyemo and Ripple CEO Brad Garlinghouse. Source

Market Downturn Hasn’t Chilled Optimism About Crypto Jobs

Against the backdrop of the price of bitcoin dropping from $30,249 on June 9 to $20,722 by Monday afternoon, the responses about how workers were paid may indicate that crypto workers can tolerate price volatility, even in their pay. Nearly a quarter of respondents, or 23%, had the choice of being paid at least partly in crypto, and 67% were paid in fiat only, such as U.S. dollars. Source

ETH Remains Above $1,200, Despite Market Volatility Increasing – Market Updates Bitcoin News

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ETH has managed to remain above the $1,200 level on Tuesday, despite an increase in price uncertainty in crypto markets. BTC fell below $21,000 in today’s session, as the global crypto market cap fell by as much as 2% earlier today. Bitcoin Following a marginally bearish start to the week, downward pressure intensified in today’s session, sending bitcoin slightly lower. The world’s largest crypto token fell to an intraday low of $20,577 during Tuesday’s session, less than 24 hours after nearing $22,000. Today’s decline comes following a rise of bearish…

Crypto payments ‘not currently cost effective,’ Amex exec says

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Gonzalo Pérez del Arco, the director of government affairs in South Europe for card payment giant American Express, believes that making payments with crypto is not cost-effective at present. Pérez’s comments came during an exclusive chat with Cointelegraph editor Aaron Wood at European Blockchain Convention 2022, where he discussed American Express’ current crypto-related plans and future prospects. Pérez explained that several factors make crypto payments non-feasible in the current market, such as high transaction costs and the willingness of merchants to accept digital payments. However, he noted that crypto payments could…

Fintech Firm PolySign Raises $53M to Expand Staff

Blockchain fintech firm PolySign has raised $53 million in a Series C funding round with participation from Cowen Digital, Brevan Howard, GSR and others, the company said Tuesday in a press release. Valuation for the company following the latest funding round was not disclosed. Source