“We have seen its native token, OKT, commanding an all-time high of $86.54 in its first days of trading on the OKEx platform,” OKEx CEO Jay Hao said. “We're thrilled that the team behind OKExChain has been able to provide OKT holders with even more benefits through the Swap and Farm initiatives, and to see OKExChain expanding its utility.”
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$8.7T BlackRock jumps into bitcoin as JPMorgan analysts say beware
BlackRock, the world’s largest asset manager, opened up to using bitcoin futures as a hedge a day before JPMorgan analysts called BTC ‘the least reliable hedge’
BlackRock revealed in Jan. 20 filings with the U.S. Securities and Exchange Commission (SEC) that its BlackRock Funds V and BlackRock Global Allocation Fund have added bitcoin futures to their eligible investments, both for speculation and hedging.
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SEC nominee Gary Gensler, reported CFTC nominee Chris Brummer, and reported OCC nominee Michael Barr (Photo: C-SPAN/Wikimedia Commons)Bitcoin’s hat trick: Crypto-savvy leaders coming to all three U.S. regulators
With the Gary Gensler at the SEC, Chris Brummer at the CFTC, and Michael Barr at the OCC, the cryptocurrency industry will face regulators who understand it
The third week of the year will very likely prove to be its most significant for cryptocurrency innovators and investors. Crypto scored a hat trick with news that President Joe Biden’s three top financial regulators—the chairmen of the Securities and Exchange Commission and the Commodity Futures Trading Commission, and the bank-overseeing Comptroller of the Currency—will all be intimately familiar with the cryptocurrency and blockchain business.
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Janet Yellen clarifies crypto stance: Only wants to curtail ‘malign activities’
‘I think it important we consider the benefits of cryptocurrencies and other digital assets,’ the pick for U.S. Treasury Secretary says
The former U.S. Federal Reserve chair said that she wanted to “curtail” the use of digital assets—amid concerns that it could be used for money laundering and the financing of terrorism. But in a written submission to the Senate Finance Committee, Yellen’s approach to Bitcoin and other digital assets seemed to be a little softer.
