The latest investment comes a day after Howard announced a $4 million investment in Asian crypto trading app Kikitrade.
Investors redeemed a net $141 million during the seven days through June 4, the highest weekly total on record, according to CoinShares.
More than half of financial advisors are too spooked by regulatory uncertainty to initiate or expand their cryptocurrency investments, a new study by Bitwise Asset Management found.
Many southeast Asians consumers are interested in establishing or increasing their crypto investments, according to the OECD, but also admit to not really understanding them.
Noelle Acheson argues that Libra is not a cryptocurrency, it’s a security. That in itself is a huge innovation, and perhaps a glimpse of what is yet to come.