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US Congressman: “you can’t compare cryptocurrencies with "financial September 11"”

US Congressman: “you can’t compare cryptocurrencies with "financial September 11"”

Congressman Ted Budd has criticized American politicians for fear of blockchain, stablecoins and decentralized finance. Budd thinks they need to be developed.

Litecoin
Cryptocurrency lending platform Vauld raised $ 25 million

Cryptocurrency lending platform Vauld raised $ 25 million

The Series A funding round, led by Valar Ventures by Peter Thiel, provided cryptocurrency service Vauld with investments to scale up its operations.

Litecoin
Binance Closes Cryptocurrency Derivatives Trading In EU Countries

Binance Closes Cryptocurrency Derivatives Trading In EU Countries

Binance cryptocurrency exchange will stop trading cryptocurrency derivatives in Europe, starting in Germany, Italy and the Netherlands. The Malaysian regulator has demanded that the exchange close all transactions in the country.

Litecoin
Wealthfront opens access to cryptocurrency funds to clients

Wealthfront opens access to cryptocurrency funds to clients

Investment company Wealthfront gave its clients the opportunity to purchase shares of the Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE) cryptocurrency funds.

Litecoin
FinCEN Advisor: “cryptocurrencies are another means of payment”

FinCEN Advisor: “cryptocurrencies are another means of payment”

Recently, the US Financial Crimes Enforcement Network (FinCEN) has appointed a Chief Cryptocurrency Advisor. Michelle Korver called digital assets “the next means of payment.”

Litecoin
A bill to regulate cryptoassets introduced to the US Congress

A bill to regulate cryptoassets introduced to the US Congress

A bill has been submitted to the House of Representatives of the US Congress, which is a “comprehensive legal framework” for regulating the market for cryptoassets, including stablecoins.

Litecoin
Joseph Lubin: “Enterprise versions of Ethereum continue to evolve”

Joseph Lubin: “Enterprise versions of Ethereum continue to evolve”

Ethereum co-founder and ConsenSys CEO Joseph Lubin said the merging of public mainnet concepts and enterprise versions of the technology is closer than ever.

Litecoin
A pilot project to test banking services for cryptocurrency firms launched in Colombia

A pilot project to test banking services for cryptocurrency firms launched in Colombia

Clients of the first commercial bank in Colombia, Banco de Bogotá, will test the possibilities of depositing and withdrawing money from the Buda.com cryptocurrency exchange as part of a pilot project of the country’s government.

Litecoin
Crypto.com: “the number of cryptocurrency users has doubled since the beginning of the year”

Crypto.com: “the number of cryptocurrency users has doubled since the beginning of the year”

Crypto.com has released a report on the number of cryptocurrency users. If in January 106 million people owned digital assets, then in July this figure reached 221 million.

Litecoin
European Investment Fund invested $ 30 million in blockchain development fund

European Investment Fund invested $ 30 million in blockchain development fund

Fabric Ventures, a cryptocurrency fund, raised $ 130 million to develop blockchain and cryptocurrency startups. The European Investment Fund (EIF) has allocated $ 30 million.