$157B Victory Capital plans to enter crypto market

[ad_1] Investment firm Victory Capital Management announced it would be taking steps for its U.S.-based investors to get exposure to the crypto market. In a Wednesday announcement, Victory Capital said it would be the exclusive sponsor of “private placement funds and other vehicles” based on the Nasdaq Crypto Index, or NCI, an index developed by … Read more

OKEx Integrates with Polygon for Seamless, Inexpensive Transfer of ETH-based Tokens

[ad_1] OKEx, the leading global crypto exchange and derivatives trading platform has taken a huge step in making it easier for its users to trade Ethereum based assets by integrating with one of the fastest-growing Ethereum Layer-2 scaling solutions. With the latest development, OKEx has become one of the first exchanges to integrate with Polygon … Read more

El Salvador’s Bitcoin Bill Gets Congressional Approval, But Skeptics Voice Their Concerns

[ad_1] El Salvador’s Bitcoin Bill was first publicized last weekend during the Bitcoin Miami 2021 Conference. It proposes to regulate Bitcoin as legal tender, therefore integrating it with the country’s official currency, the U.S dollar. Yesterday, the Bill was passed before Congress to seek approval. Anthony Pompliano called it a “historic day for humanity.” The … Read more

Iranian president calls for legal framework for crypto trading

[ad_1] Iran is looking for ways to introduce a legal framework for cryptocurrencies while Bitcoin (BTC) mining remains under embargo in the country.  During the Cabinet’s Economic Coordination Board meeting on Tuesday, Iranian President Hassan Rouhani emphasized the need to legalize cryptocurrency activities to preserve and protect national interests. Rouhani said the country must pay … Read more