Cantor Fitzgerald CEO: Bitcoin Is a Commodity, Should Be Treated Like Gold and Oil

September 30, 2024 Bitcoin.com

Bitcoin

Howard Lutnick, CEO of Cantor Fitzgerald, says bitcoin is a commodity. “When you truly understand bitcoin, it’s hard to see it any other way,” he said, adding that the crypto “should be treated like gold and like oil.” While stating that other digital assets may vary, he firmly maintained that BTC is a commodity. Howard […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Ugandan Fintech Firm Gets Funding From Dutch Impact Investor

September 25, 2024 Bitcoin.com

bitcoin.com

Ugandan fintech firm Agent Banking Company (ABC) receives undisclosed investment from Dutch impact investor Goodwell Investments. The funding, part of Goodwell’s $167M African startup fund, will expand ABC’s customer base, agent coverage, and services. CEO Richard Jabel says the investment will enhance financial inclusion and services accessibility via mobile phones, agents, and merchants. Affordable Financial […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Investment Giant Franklin Templeton Building On-Chain Financial Services for Regulated Securities on Solana

September 22, 2024 The Daily Hodl

Altcoins

Financial services titan Franklin Templeton says it’s building a money fund for regulated securities on the smart contract platform Solana (SOL). In a session during the Solana Breakpoint 2024 event, Mike Reed, Franklin Templeton’s head of digital asset partnership development, says that the investment giant’s last step to completing its project is to file to […]

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SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Lawmaker Flags Concerns Over SEC’s Crypto Approach

September 18, 2024 Bitcoin.com

Banks

Congressman French Hill has raised concerns over the U.S. Securities and Exchange Commission (SEC)’s handling of digital asset regulations, criticizing Chairman Gary Gensler’s leadership for creating legal uncertainty and a politicized approach. The lawmaker highlighted his subcommittee’s legislative successes but expressed frustration with the SEC’s broad and unclear regulations, which he argued burden digital asset […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Franklin Templeton Expands Tokenized Money Market Fund to Avalanche Network

August 22, 2024 Bitcoin.com

Avalanche

Franklin Templeton has extended its blockchain initiatives by launching its tokenized U.S. Government Money Fund on the Avalanche network. This move marks another expansion of the firm’s onchain financial products. Avalanche Adds Franklin Templeton’s Tokenized Money Fund to Its Blockchain Ecosystem Franklin Templeton, an investment firm with $1.6 trillion in assets under management, has integrated […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Cantor Fitzgerald announces $2B Bitcoin financing business

July 27, 2024 Coin Telegraph

Cantor Fitzgerald announces B Bitcoin financing business

Coin Telegraph

Howard Lutnick and Cantor Fitzgerald brought a reprieve from the day’s politics with a business announcement.

Billionaire Howard Lutnick, the Chairman and CEO of financial services firm Cantor Fitzgerald announced the launch of a Bitcoin lending program at Bitcoin 2024 on Saturday, July 27.

Lutnick took the stage to give his full-throated support for the cryptocurrency community. His fiery speech touched on everything from the death of his brother — alongside 658 other Cantor Fitzgerald employees, at the World Trade Center during the 9/11 terrorist attacks — to declaring both himself and his company Bitcoin supporters.

The CEO then shifted matters to the announcement:

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Bitcoin Rewards App Fold to Become Publicly Traded Company Through Merger

July 24, 2024 Bitcoin.com

Bitcoin

Fold Inc., a bitcoin financial services firm, is set to go public through a merger with FTAC Emerald Acquisition Corp., a special purpose acquisition company (SPAC). The transaction, expected to close in the fourth quarter of 2024, will see Fold listed on Nasdaq under a new ticker symbol. Fold to Go Public Through Merger with […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Crypto ATM Installations Rise in 2024, Adding 2,564 New Machines Globally

June 30, 2024 Bitcoin.com

Athena Bitcoin

In June, the number of cryptocurrency automated teller machines (ATMs) saw a slight decline, yet 377 new ATMs were installed during the month. Since January 2024, data shows a total of 2,564 crypto ATMs have been deployed globally. 2024 Sees Steady Rise in Crypto ATMs Despite June Dip At the end of 2022, there was […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

UBS Recommends Buying Gold Dips Amid Economic Uncertainty

June 12, 2024 Bitcoin.com

bitcoin.com

The UBS editorial team, comprising financial analysts and economists at UBS, a prominent global financial services firm, recommends purchasing gold during price dips rather than selling. Recently, gold prices fell by over $80 per ounce due to strong U.S. payroll and earnings data, coupled with a rise in the 10-year U.S. Treasury yield and the […]

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Bitcoin Firm Unchained Partners With University of Texas to Launch $5 Million Bitcoin Endowment Fund

June 1, 2024 Bitcoin.com

Bitcoin

The financial services firm Unchained and the University of Texas have partnered to launch a long-term endowment fund in bitcoin (BTC). Joseph Kelly, CEO and co-founder of Unchained, set the ball rolling with a personal donation of two bitcoins. The bitcoin financial services firm also intends to connect UATX faculty and their research with key […]

Financial Services

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