• Hester Peirce crypto regulation urgent
    Regulation

    Clear crypto regulation urgent as big finance jumps in: SEC’s ‘Crypto Mom’

    Securities and Exchange Commissioner Hester Pierce believes that giants such as Tesla and MasterCard using crypto make regulating this asset class urgent

    Peirce pointed out that while “there have been calls for clarity for some time, a new administration brings the chance to take a fresh look, but it also is a moment where it seems others in the marketplace are also taking a fresh look.”

  • BNY Mellon and Mastercard enter crypto
    Bitcoin,  Cryptocurrencies,  Libra

    BNY Mellon and Mastercard become latest big brands to back crypto

    America’s oldest bank is launching a service for institutional investors, while the credit card giant plans to offer consumer-to-merchant transactions using digital assets

    What’s significant with BNY Mellon’s announcement is how the bank plans to ensure that digital assets aren’t treated any differently than stocks and bonds, meaning all of these holdings will be managed through the same infrastructure. And rather than solely focusing on the likes of Bitcoin and Ethereum, it appears that BNY Mellon has few limits on the types of digital assets that it’s willing to accept.

  • bitcoin price Cardano dollar
    Alt coins,  Bitcoin,  Markets Report

    Markets Report: Bitcoin retakes all-time high as BNY Mellon embraces crypto

    Bitcoin sees a boost to new all-time highs thanks to BNY Mellon, but the risk of a “parabolic breakdown” remains, warns one analyst; Cardano pushes closer to $1

    Having hit upwards of $48,000 on Monday thanks to Tesla’s $1.5 billion buy-in, Bitcoin saw sellers line up closer to the psychologically significant $50,000 barrier. Thereafter ensued a consolidation period which briefly saw a return to near $43,000 in the past 24 hours.