Antonio Juliano, the founder and CEO of dYdX, a decentralized exchange for derivatives, has recently expressed his frustration with US crypto regulation and suggested that the industry should focus on other markets instead.
In a series of tweets, Juliano argued that the US is “not worth it” for crypto businesses due to the lack of clarity and innovation in its regulatory framework. He said that the US is “lagging behind” other countries th…
Robert Kiyosaki, the author of the best-selling book “Rich Dad, Poor Dad,” has shared his predictions about the prices of gold, silver, and bitcoin if the world economy crashes.
Kiyosaki believes that the price of Bitcoin could reach $100,000 in the near term, but could soar to $1 million if the world economy collapses. He also predicts that gold will rise to $75,000 and silver will trade at $60,000 in the event of a global economic meltdo…
Larry Fink, CEO of BlackRock, the world’s largest asset manager, changed his stance on crypto in 2022, sending strong trust signals to the markets. BlackRock’s move into crypto fits into the asset management giant’s broader mission of creating products that are easy to use and cheap for investors. “We believe we have a responsibility to democratize investing. We’ve done a great job, and the role of ETFs in the world is transforming investing….
Federal Reserve Chair Jerome Powell recently made statements acknowledging the staying power of cryptocurrency as an asset class. During his testimony before lawmakers, Powell stated that “crypto appears to have staying power as an asset class”. He also spoke about stablecoins as a form of money, stressing the need for robust federal regulation on digital assets, including payment stablecoins.
Market Reaction
The cryptocurrency market r…
Austin Campbell, former chief risk officer for stablecoin firm Paxos, recently spoke at a U.S. Subcommittee on Digital Assets, Financial Technology, and Inclusion hearing. He expressed concern that the lack of stablecoin regulation in the United States could push issuers out of the country. Campbell stated that other countries such as Singapore, Dubai, Abu Dhabi, and the United Kingdom have already proposed frameworks for stablecoins that cou…
