US Treasury Secretary Candidate Yellen stated in his current statement that he could be positive to improve the financial order by accepting the benefits of cryptocurrencies after his heavy criticism of the crypto world.
China Will Distribute Digital Yuan Under Pilot Program
The city of Shenzhen in southeastern China is preparing to issue the country's digital currency for the third time as part of a pilot program to test China's central bank project among its citizens. It is announced that 3 million dollars of digital yuan will be distributed.
Biden's CFTC Candidate Crypto Regulator
US President Joe Biden is evaluating academic Chris Brummer to head the Commodity Futures Trading Commission (CFTC). Brummer is known for his work on cryptocurrency regulations. The academic is also the author of the book "crypto assets".
Grayscale Applies For Chainlink Trust Fund
Looking at the Delaware state registries, it seems that Grayscale has applied to establish a Chainlik fund. In addition to this Dec. 18 application, other altcoins are under the spotlight for the Grayscale Trust fund.
Guggenheim CIO Does Not Expect New Record From Bitcoin This Year
Scott Minerd, CIO of the financial services company Guggenheim Partners, which plans to invest in Bitcoin, said that Bitcoin can beat this record only in 2022, seeing $ 42,000. While Minerd announced his predictions for this year, he predicted $ 20,000 for Bitcoin.
The Most Interest In The Cryptocurrency Sector Comes From Asian Countries
According to a recent study by research firm Messari, 43% of the total assets in the cryptocurrency market belong to investors in Asian countries. The most prominent country in the research results showing that Asian countries have a volume of over 300 billion dollars was China.
Former Ripple Advisor Suggested to Become US Currency Controller
According to a report published by The Wall Street Journal, Michael S. Barr, once a member of Ripple's advisory board, is expected to become President of the US Currency Supervisory Office (OCC) as US President Biden's Currency Officer.
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