June 30, 2024
Crypto

ARK Invest’s Cathie Wood says digital wallet wars will be a ‘winner take most’ opportunity

Cathie Wood, CEO of investment management firm ARK Invest, thinks the digital wallet industry is set to consolidate. Amid a decline in traditional banking services, whoever monopolizes the wallet market stands to wield significant power in the financial sector, she says. In conversation with Coinbase CEO Brian Armstrong at the company’s State of Crypto Summit

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Crypto

U.S. crypto advocacy group tops 1 million members after Biden veto

By Andrea Shalal WASHINGTON (Reuters) – Stand with Crypto, an advocacy organization for voters who own cryptocurrencies, saw its membership surpass 1 million on Wednesday, as crypto backers push politicians to create a new regulatory framework for the digital asset industry while averting more onerous compliance requirements. Brian Armstrong, chief executive of Coinbase, an online

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