• CZ denies rumors senior Binance executives resigning due to ongoing regulatory challenges.
• BlackRock CEO Larry Fink likens crypto to ‘digitizing gold’; praises Bitcoin as an ‘international asset’.
• Salesforce survey shows 60% of finance customers comfortable with crypto, less so AI.
CZ Denies Rumors of Senior Binance Executives Resigning
Crypto exchange giant, Binance, denied rumors that its senior executives have resigned due to ongoing regulatory challenges. CEO Changpeng Zhao (CZ) took to Twitter to quell the speculation and assure users that the company is committed to compliance and adhering to regulations in all jurisdictions it operates in.
BlackRock CEO Larry Fink Praises Bitcoin
BlackRock Chief Executive Officer Larry Fink praised Bitcoin as an „international asset“, comparing it to „digitizing gold“. He also noted the potential for digital currencies as a store of value as central banks continue their foray into monetary policies such as negative interest rates and quantitative easing.
Salesforce Survey Shows Positive Crypto Sentiment
A 2023 H1 survey from Salesforce which covered 6,058 financial service institution (FSI) customers worldwide revealed positive sentiment towards cryptocurrency among respondents. The survey found that 61% had either researched or planed on investing in cryptocurrency while only 21% fully trusted AI chatbots.
Bitwage Halts USDC Payments for US Residents
Payroll services provider Bitwage has halted payments for U.S.-based clients using U.S Dollar Coin (USDC), citing „strict regulations“. This decision comes after they previously announced they would be ableto offer USDC payment capabilities through their platform last month but now will no longer be able process those transactions due to „unanticipated“ regulatory issues in the U.S..
Valkyrie Refiles Spot-Bitcoin ETF Application With Coinbase Surveillance Partner
Valkyrie Digital Assets LLC has refiled its application for a spot-Bitcoin exchange traded fund (ETF) with Coinbase Global Inc named as a surveillance partner in the new filing documents submitted with the Securities and Exchange Commission (SEC). Valkyrie initially filed its application in December 2020 but was met with delays due to „other priorities“ at the SEC according to its president, Tyler Gellasch