Latest from Michael Bellusci
Gemini Acquires Crypto Asset Management Platform Bitria; Terms Undisclosed
The deal will help financial advisers manage clients’ digital holdings.

Visa Partners With ConsenSys to Help Bridge CBDCs With Traditional Finance
The payments giant envisions customers eventually being able to use their CBDC-linked Visa card or digital wallet anywhere that Visa is accepted.

Solana Could Become the Visa of Digital-Asset World: Bank of America
Solana and other blockchains may snag market share from Ethereum over time, the bank said in a research note.

PayPal Is Exploring Creating Its Own Stablecoin as Crypto Business Grows
Hidden code in the company’s iPhone app shows that a potential “PayPal Coin” would be backed by the U.S. dollar.

JPMorgan Sees More Crypto Adoption in 2022, Debates Bitcoin’s Status as Store of Value
The investment bank also continues to rate crypto exchange Coinbase as a buy.

SEC Charges Founder of Crypto Startup Crowd Machine With Fraud
Australian Craig Sproule is accused of misleading investors about how he was going to use the proceeds of a $41 million initial coin offering back in 2018.

NYDFS Hires New Deputy Superintendent of Virtual Currency
Peter Marton will join the regulator’s research and innovation group, with a special focus on digital currencies and blockchain.

MoneyGram Takes 4% Stake in Coinme, Building on Existing Partnership
MoneyGram’s strategic investment will help the crypto cash exchange company to expand globally and in other areas.

Blockchain Firm BTCS to Offer Dividend in Bitcoin; Shares Surge
Investors who choose not to receive the so-called “bividend” will receive a regular cash payout.

Bitcoin Can Reach $100K in ‘Hypothetical’ Store of Value Boost, Goldman Sachs Says
The firm assumes a scenario where bitcoin adoption increases as a store of value for investors versus gold.
