In a CNBC interview, world's largest asset management company BlackRock's CEO Larry Fink has stated that cryptocurrencies could turn into a great asset class. Expressing his admiration for crypto, the Fink has also stated that he is aware of the potential of the crypto industry.
Swiss Pension Fund Introduces Bitcoin as a New Payment Method
Swiss arm of the French insurance giant AXA has now started accepting Bitcoin for all insurance payments except life insurance. According to the company's statements, other cryptocurrencies can be accepted as payment in the future.
Crypto Assets Report From the CBRT
According to a report published by the Central Bank of the Republic of Turkey, the use of crypto assets as payments will be restricted. Payment and electronic money institutions will no longer be able to intermediate platforms that offer trading, custody, transfer or issuance services for crypto assets, or the fund transfers from these platforms.
French Bank Issues Its Own Token
In an official press release, Société Générale, the 17th largest bank in the world, announced that it has issued its first structured product by using Tezos’ blockchain network. The new investment tool called EMTN can be used in countries other than the USA and Canada. In the statement made, trust in blockchain technology was emphasized.
Chainlink Reports Future Plans
Chainlink has published a whitepaper outlining its plan to create the next generation of decentralized oracle networks. The paper shows that Chainlink makes strong planning involving NFTs, stablecoins and the DeFi space by combining hybrid smart contract applications with blockchain.
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