• CZ, the CEO of Binance, has denied rumors that senior executives are resigning due to regulatory challenges.
• BlackRock CEO Larry Fink praised Bitcoin as an ‘international asset’ and likened crypto to ‘digitizing gold’.
• Valkyrie’s spot-Bitcoin ETF application has been refiled with Coinbase named as surveillance partner.
CZ Denies Rumors of Senior Executives Resigning
CZ, the CEO of Binance, has denied rumors that senior executives are resigning due to regulatory challenges. This news comes amidst reports from both institutional and retail investors regarding the lack of clarity in cryptocurrency regulations. Despite these challenges, CZ remains committed to providing users with a secure and regulated trading environment.
BlackRock CEO Praises Bitcoin
BlackRock CEO Larry Fink praised Bitcoin as an ‘international asset’ and likened crypto to ‘digitizing gold’. This statement serves as a major endorsement for the digital asset class and provides more legitimacy for cryptocurrencies in traditional financial circles. Additionally, Fink hinted at BlackRock potentially investing in crypto-related technologies such as blockchain and DeFi products in the near future.
Valkyrie Refiles Spot-Bitcoin ETF Application With Coinbase As Surveillance Partner
Valkyrie’s spot-Bitcoin exchange-traded fund (ETF) application has been refiled with Coinbase named as its surveillance partner. The filing with the US Securities & Exchange Commission (SEC) claims that Coinbase will provide services such as transaction data analysis, market monitoring, compliance reporting and other risk management solutions if approved by regulators. If approved by the SEC this would be one of several Bitcoin ETFs available on U.S exchanges catering towards both institutional and retail traders alike seeking exposure to digital assets without having to directly purchase them via exchanges or wallets.
Majority of Finance Customers Comfortable With Crypto But Less So AI
A 2023 H1 survey from Salesforce found that 60% of finance customers feel comfortable with cryptocurrency while just 21% „fully trust“ AI chatbots like those used by banks for customer service inquiries or other activities such as fraud detection or risk assessment . This is indicative of a trend among consumers who are increasingly open to embracing digital assets but still wary when it comes to trusting technology like artificial intelligence (AI).
The findings from Salesforce’s survey suggest that despite regulatory uncertainty surrounding cryptocurrencies there is strong consumer interest in accessing them either through traditional investments vehicles like ETFs or through direct ownership via wallets or exchanges . Moreover , it appears people are willing to embrace digital assets but remain hesitant when it comes to trusting AI which could limit its adoption rate among finance customers in the foreseeable future .