A former U.S. Federal Reserve governor Kevin Worsh said the fed should consider releasing a government-sponsored cryptocurrency (CCN).
The 94-year-old’s comments follow Warren Buffett’s recent negative remarks, leaving little indication that the Bitcoin bashing will let up (CCN).
The Manhattan conference, meeting for its fourth year, is expected to be even bigger than previous years (Bloomberg).
Binance CEO Changpeng Zhao said, “Through my own experience, and watching hundreds of other projects at a close distance, I would say raising money through ICOs is about 100 times easier than through traditional VCs, if not more. With the ease of raising money increased, logic says there may be 100 times more startups, well-funded startups, where ICOs are allowed” (Cointelegraph).
The owner of the New York Stock Exchange allowing customers to buy and sell cryptocurrency is the second Wall Street giant open up to crypto in the past week (Cointelegraph).
Seed funding allowed a startup striving to improve how Blockchain reaches consensus to raise $3 million (Coindesk).
On Monday, Tyler Winklevoss tweeted, “Dear @BillGates there is an easy way to short bitcoin, you can short #XBT, the @CBOE Bitcoin (USD) Futures contract, and put your money where your mouth is!” (CNBC).
Through its startup innovation program, BMW is utilizing blockchain platform to track the mileage in its leased vehicles (Coindesk).
The affect this Wall Street giant’s involvement could have on the crypto world (Investopedia).