Larry Fink, BlackRock's chief executive, admits that he was once sceptical about Bitcoin, but he was wrong. He now says he "believes Bitcoin is a legitimate financial instrument."
Traders said they suspected South Korean authorities of selling dollars at the opening of the onshore market to limit the won's decline.
On August 18th news, the German public is strongly skeptical of the digital euro, especially among older users who prioritize privacy and security in financial transactions. Bundesbank President Joachim Nagel called cash "sacred" in Germany, reflecting deep-seated concerns about losing control over personal finances. The European Central Bank (ECB) plans to address these concerns with strong privacy measures, but doubts remain. Although ECB President Christine Lagarde insists that digital...
Dimon, CEO of JPMorgan Chase, expressed hope that the United States can achieve a soft landing; slightly questioned the prospect of "US inflation returning to 2%"; the 50 basis point Federal Reserve rate cut is not as important as people think; the United States is not currently in recession; will not leave the company for the time being.
In a July 31 report, prominent cryptocurrency skeptic Molly White claimed that Coinbase's donation to the Fairshake crypto super PAC while it was actively negotiating a contract with the federal government appeared to violate campaign finance laws. Paul Grewal, Coinbase's chief legal officer, called the allegations "misinformation" and said Coinbase was not a federal contractor and was therefore exempt from certain campaign finance regulations under the "literal language" clause of Code of Feder...
US senator and bitcoin sceptic Robert Menendez was formally convicted of taking gold and cash bribes, claiming in 2017 that bitcoin was "ideal for criminals".