[Weekly News] the 4th week of Aug.
Hello! This is REAPCHAIN.
Let’s learn about the hottest Bitcoin and cryptocurrency news in the 4th week of August!
Former SEC Chairman J. Clayton “U.S. regulatory authorities must recognize cryptocurrency efficiency.”
Former U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton wrote in an article to the Wall Street Journal, “To move forward, the U.S. must first acknowledge and accept that the management and payment are efficient of crypto assets. do,” he said. “The government has regulated Uber for the taxi industry in the past and has served some purpose, but this method does not work for the cryptocurrency market,” Clayton said. The industry considers it a challenge to overcome through innovation rather than an obligation to comply with government regulations.”
Canadian cryptocurrency mining company COO “Weak Cathedral, Opportunities for Mining Company.”
According to Cointelegraph, Fannie Philippe, COO of Sato Technologies, a Canadian-based cryptocurrency miner, said at a forum in France: “The current bear market is for miners. We are mining more at this point when the price of Bitcoin is falling. However, mining equipment prices are also linked with Bitcoin, so now is a meantime.” Regarding the ecosystem change caused by the Ethereum merge (PoS transition), he said, “Ahead of the merge, this is an opportunity to explore all the monetization possibilities within the Ethereum ecosystem.
Reuters “Announcement of some asset managers, tokenized fund launch plans.”
According to Reuters, U.S. private equity fund manager Hamilton Lane and global private equity firm Partners Group are planning to launch tokenized funds this year. The media reported that citing industry officials, these companies are planning to launch tokenized funds this year as they did last year, despite the recent downturn in the cryptocurrency market. In these funds, tokens are issued through securities. In this regard, Carlos Domingo, CEO of Secure, a blockchain-based securities company, said, “Due to various issues that have arisen in the cryptocurrency industry recently, related companies have been conscious of their customers’ reputations and put on hold the launch of tokenization funds. However, some companies are saying they will push it again.”
Source: https://www.coinpress.co.kr/2022/08/29/37958/
★ ReapChain Official Community
Follow the ReapChain official community and have more news!
Homepage: https://reapchain.com/
Telegram (ENG): https://t.me/ReapchainOfficialEnglish
Telegram (KR): https://t.me/joinchat/MbaQ7RaZchMzjAam9yMS0Q
Blog: https://blog.naver.com/reapchain
Facebook: https://www.facebook.com/ReapChain/
Twitter: https://twitter.com/ReapChain
Instagram: https://www.instagram.com/reapchain_reap_doonge/
Bitcointalk: https://bitcointalk.org/index.php?topic=5260297.0
Partnership and Affiliation Inquiries: reapchain@reapchain.com
Investment and Sale Inquiries: sales@reapchain.com
Project Inquiries: reapchain.official@reapchain.com
