Tag: Cryptocurrency

National Sheriffs’ Association Withdraws Opposition to Clarity Act

The National Sheriffs’ Association has withdrawn its opposition to the crypto Clarity Act, adopting a neutral stance as a Senate vote approaches this month to establish a digital asset regulatory framework.

French Hill Seeks Bipartisan Support for Clarity Act Before September Vote

U.S. Representative French Hill stresses the need for bipartisan support to pass the cryptocurrency Clarity Act before the September 15 vote, highlighting remaining discussions over ethics provisions.

SEC Chair anticipates Clarity Act approval this month

SEC Chairman Paul Atkins anticipates the Clarity Act will be approved by the Senate this month, positioning the United States to become the crypto capital of the world with a new regulatory framework.

BlackRock Evaluates Bitcoin, Finding the Portfolio Math Valid

BlackRock's research evaluates Bitcoin's impact on a diversified 60/40 portfolio, showing that a 1% to 2% allocation improves risk-adjusted returns and Sharpe ratios even after significant price drawdowns.
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Hargreaves Lansdown changes direction to offer bitcoin trading

British investment firm Hargreaves Lansdown has reversed its previous stance to roll out bitcoin and crypto exchange-traded notes for retail investors, despite earlier warnings labeling the cryptocurrency as high-risk and volatile.

Trezor Security Breach Exposes 67,000 More US Users

Hardware wallet maker Trezor revealed that a data breach involving third-party vendor ShipMonk is significantly larger than first estimated, exposing personal details for an additional 67,000 U.S. customers.

IMF Clarifies El Salvador Did Not Use Public Funds for Bitcoin

According to the IMF, El Salvador has not used public funds for its bitcoin reserves since its last loan review, acquiring the cryptocurrency entirely through private donations instead.

Bitcoin Falls Under $80,000 Following Robust US Jobs Data

Bitcoin fell below $80,000 following an unexpectedly strong U.S. jobs report, which heightened concerns about potential Federal Reserve interest rate hikes and impacted the cryptocurrency market.

National Sheriffs’ Association Withdraws Opposition to Clarity Act

The National Sheriffs’ Association has withdrawn its opposition to the crypto Clarity Act, adopting a neutral stance as a Senate vote approaches this month to establish a digital asset regulatory framework.