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X (Twitter) is actively seeking a financial-data giant to collaborate on building a trading hub within its app.
The request for plans emphasizes the importance of real-time information, particularly in the realm of investing. The company aims to offer financial content, real-time stock data, and other related features to enhance user experience.
Reminding that Elon Musk envisions the platform as a Western super-app akin to WeChat in China, Gojek in Indonesia, Grab in Singapore, and Gozem in Africa.
Such super-apps integrate various consumer services like food delivery, ride-hailing, payments, investing, and identity authentication into a single app, providing a comprehensive user experience. The CEO of BlackRock foresees Bitcoin’s dominance!
Larry Fink has expressed his positive outlook on cryptocurrencies and their potential to democratize global investing. In an interview with CNBC’s ‘Squawk on the Street’ on July 14, Fink revealed that an increasing number of BlackRock’s clients are showing interest in digital assets. Prominent Investors Revealed as Bitcoin Enthusiasts
The world is familiar with celebrities like Elon Musk, Snoop Dogg, boxer Mike Tyson, and the late John McAfee expressing a strong affinity for cryptocurrencies. However, there's a growing list of accomplished figures in finance who have also adopted cryptocurrency investing.
Citing potential fraud risks, British banking titan Chase has chosen to halt cryptocurrency-related payments from October 16th.
"If we think you're making a payment related to crypto assets, we'll decline it," was the message relayed to clients via email.
The bank also emphasized that those intent on investing in cryptocurrencies have the liberty to switch to other banks or providers.
acobi Asset Management Lists Europe’s First Spot Bitcoin ETF on Euronext Amsterdam Exchange.
“It is exciting to see Europe moving ahead of the US in opening up Bitcoin investing for institutional investors who want safe, secure access to the benefits of digital assets,” says the company’s CEO, Martin Bednall.
Well, now it’s the USA’s turn!
The U.S. Senate is considering a new bill aimed at imposing strict anti-money laundering (AML) rules on decentralized finance (DeFi) protocols.
The Crypto-Asset National Security Enhancement Act of 2023 targets entities controlling DeFi protocols or providing their applications. It requires customer vetting, AML programs, and reports of suspicious activities.
In absence of a controlling entity, anyone investing over $25 million in a protocol's development would be responsible. Crypto Deposits: The Alternative to Traditional Banking
Fiat currencies are prone to constant devaluation and inflation. The interest rates on bank deposits are no longer sufficient to cover the rate of depreciation of such means of payment. Nonetheless, investing in crypto deposits is a popular tool that provides high returns. 











