Tag: Digital

Crypto trade association urges Kamala Harris to embrace digital assets

The Digital Chamber, a leading blockchain trade association, has urged U.S. Vice President Kamala Harris to “take a forward-looking approach to digital assets.” On Monday, the Digital Chamber said it had sent a letter to Harris. This came just a day after outgoing U.S. President Joe Biden dropped out of the upcoming 2024 election and endorsed Kamala Harris for nomination as the Democratic Party’s candidate. 📢 This morning, we sent a letter to @VP with important requests to support the #digitalasset industry. It’s in the best interest of the American…

Which Digital Asset Led the Charge?

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The global crypto investment market has witnessed a significant influx of capital, with recent reports indicating a continued positive trend in inflows. According to the latest data from CoinShares, digital asset investment products have seen an additional $1.35 billion in net inflows last week. This recent injection of funds has brought the total for the current positive streak to $3.2 billion. The fact that money has been flowing to this extent is a testament to the amount of steam behind recent market sentiment and confidence among investors regarding cryptocurrencies. According…

Ripple (XRP) Advances Financial Infrastructure with Blockchain and Digital Assets

Alvin Lang Jul 20, 2024 04:46 Ripple (XRP) aims to revolutionize financial services using blockchain and digital assets, focusing on institutional DeFi, cross-border payments, and stablecoins. Ripple (XRP), a pioneer in blockchain technology, is making significant strides in transforming the financial infrastructure by leveraging blockchain and digital assets. Founded on the belief that blockchain would become the backbone of global financial services, Ripple aims to create more affordable and accessible financial solutions for individuals and businesses worldwide, according to ripple.com. Institutional DeFi…

South African Exchange Luno Leverages Fireblocks’ Enterprise-Grade Digital Asset Platform

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South African crypto exchange Luno has announced that it is integrating its platform with Fireblock’s enterprise-grade digital asset transfer platform. Aleks Andjelopolj suggested that leveraging Fireblocks means Luno users will experience the same immediate transaction settlement enjoyed by customers of the same bank. The Allure of Fireblocks Integration The South African cryptocurrency trading platform Luno […] Source

BlackRock CEO: Bitcoin is ‘digital gold’

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BlackRock chairman and CEO Larry Fink said that he believes Bitcoin is a ‘legitimate financial asset class’ for those seeking financial control outside traditional systems. Once a skeptic, Fink now views Bitcoin (BTC) as a legitimate asset class.   “As you know, I was a skeptic. I was a proud skeptic,” Fink told CNBC. “I studied it, learned about it, and I came away saying, ‘Okay, my opinion five years ago was wrong.’”  Fink highlighted Bitcoin’s potential for uncorrelated returns and its role as a hedge against currency debasement and geopolitical…

Russia Considers Allowing Digital Currency Trading on the Country’s Largest Exchanges

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The Russian Ministry of Finance has proposed permitting digital currency trading for a select group of qualified investors on licensed exchanges like the Moscow Exchange and St. Petersburg Exchange. Anatoly Aksakov, head of the State Duma Financial Market Committee, believes Russia’s largest exchanges are prepared to handle cryptocurrency transactions. He emphasized that once legal conditions […] Source