Led by Senator Cynthia Lummis, arguably crypto's most loyal friend in Congress, the Senate Banking Committee's new digital assets panel includes other fans.
Cryptocurrency might be enjoying an upward climb alongside the spotlight, but a sober take around the investment, especially concerning meme coins, could be wiser in the long run, argues "Dr. Doom."
(Bloomberg) -- Changpeng “CZ” Zhao, a few months out of prison and worth $70 billion thanks to the relentless crypto rally, is turning the former venture capital arm of his Binance Holdings Ltd. into a family office. Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpTexas HOA Charged With Discrimination for Banning Section 8 RentersBillionaire Developer Caruso Slams LA Leadership Over WildfiresHoboken PATH Station
The appointment brings a veteran of a major credit card network player to the company’s board at a time when cryptocurrency firms are looking to establish higher trust and credibility.