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Ex-SEC Chair Enters Crypto River, USD 225m Crypto Fund + More News


Jay Clayton. Source: Twitter, SEC Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Career news One River Asset Management, a USD 2.5bn firm whose crypto funds are backed by hedge fund titan Alan...

Fed Chairman Jerome Powell Says Bitcoin Is a Substitute for Gold


Federal Reserve Chairman Jerome Powell sees cryptocurrency as a substitute for gold, rather than the dollar. However, he cautioned that crypto assets, including bitcoin, are highly volatile and not useful as a store of value. Fed Chair Sees Bitcoin as a Gold Substitute During a webinar sponsored...

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