BLACKROCK & BITCOIN

BlackRock Dives Into Bitcoin

BLACKROCK: Partnership with Coinbase will give institutions direct access to buy Bitcoin.

• BlackRock advises and manages assets for many central banks and sovereign wealth funds worldwide, giving them "an easy way to invest in #Bitcoin", says Barry Silbert, Digital Currency Group (Coinbase parent company)

BITCOIN PRIVATE TRUST by BLACKROCK

• US-based institutional investors can get direct exposure to Bitcoin through existing relationship with BlackRock and the newly created private trust, without concerns regarding custody and regulation. Demand from institutional clients for Bitcoin was not diminished by the bear market according to BR.

STRIKE + VISA: Launching new card!

• The card will enable users to deposit, be paid in Bitcoin, buy Bitcoin, and also earn rewards in Bitcoin.

HOUSTON TEXANS: Now accepting #Bitcoin for suite sales.

• BitWallet has partnered with the Houston Texans making the Houston Texans the first NFL team to sell suites through digital currency.

REVOLUT: Approved to offer #Bitcoin and crypto in the European Economic Area.

• Authorization from Cyprus Securities and Exchange Commission allows Revolut to offer cryptocurrency services across the European Economic Area (EEA). Revolut already has 17M customers in the EEA.

COINBASE: #Bitcoin Lightning Network can potentially disrupt the $150B payments industry by turning Bitcoin into a "true medium of exchange", thus bringing financial inclusion to anyone with a smartphone.

Still waiting on Coinbase to implement the Lightning Network into their exchange though...

Federal Reserve to publish guidance for crypto-banks to access Central Banking System.

• This development will be made possible by their inclusion of the Tier 3 category for banks in the guidelines, creating pathway for crypto banks.

KOREA: Hyundai's investment arm will add #Bitcoin and crypto data to its asset management platform.

• Partnership with Bithumb to give its app users access to real-time cryptocurrency market data.

JAPAN: Shinsei Bank is offering $60 in #Bitcoin to attract new customers. Bitcoin is good for business!

PHILIPPINES: Union Bank of the Philippines to enable users to buy #Bitcoin from its app!

Thank you for reading and pls share with your friends :)

Cheers,

Archie