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Financial Giant Fidelity’s Director Sees Bitcoin as ‘Exponential Gold’


Financial services giant Fidelity’s director of global macro says bitcoin is “exponential gold.” He explained that gold is “too deflationary and clunky to be used as a medium of exchange,” noting that “investors own it primarily as a store of value —...

Bitcoin’s Value Can Outpace Gold, Says Fidelity Executive


Bitcoin (BTC) may be a form of “exponential gold” capable of outperforming the precious metal in times of high inflation, wrote Fidelity’s Global Macro Director Jurrien Timmer on Wednesday. In a series of threads posted on X this week, Timmer outlined how Bitcoin’s...

Kraken Appoints Fintech Entrepreneur Bivu Das as New UK Managing Director


Kraken appoints Bivu Das, an ex-Starling Bank executive, as a UK corporate representative to drive business expansion in the strengthening UK regulatory environment. On October 27, the prominent cryptocurrency exchange Kraken announced that Bivu Das, a fintech entrepreneur and former Starling Bank...

Bank of Russia Predicts Digital Ruble Won’t End Other Payment Methods


The Central Bank of Russia does not expect the introduction of the digital ruble to end the popularity of other non-cash and cash payment options. According to statements offered by Alla Bakina, director of the bank’s national payment system department, other non-cash payment options have...

Binance France Director Steps Down Amid Ongoing Senior Leadership Exits


Binance France's general manager has decided to step down from her role after one year and six months, adding her name to the list of senior executives to leave the largest crypto exchange this year.... Read More: Binance France Director Steps Down Amid Ongoing Senior Leadership Exits

Moscow Exchange Plans to Issue Real Estate Digital Assets by 2024


The Moscow Exchange, the largest exchange in Russia, has announced plans to issue real estate digital assets in 2024. According to Sergei Kharinov, director of digital assets for the platform, this will lower the entry barrier for qualified and unqualified investors to put part of their portfolio...

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