- The White House is preparing an executive order to be published next month that will outline a global government strategy on crypto assets and ask federal agencies to determine their risks and opportunities.
Lloyd Blankfein, former CEO and chairman of Goldman Sachs, stated this week that his vision for cryptocurrencies was evolving after digital assets reached trillions of dollars in value. “I can’t predict the future, but I think I can predict the present, and I’m like, ‘What’s going on? And I look at cryptocurrencies, and it’s happening.”he said, explaining that the ecosystem around cryptocurrencies has matured in the past year.
- Asset management giant BlackRock Inc. filed this week with the U.S. Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) focused on blockchain technology, called the iShares Blockchain and Tech ETF. The fund tracks the investment results of an index composed of companies involved in the “development, innovation and utilization of blockchain and crypto technologies” in the United States and other countries.
The FTX exchange is preparing a Visa debit card that will not be available to US customers. The exchange stated that its card will have no fees (aside from third-party ones) and that crypto balances will be automatically exchanged at the point of sale, where users will be able to spend their crypto anywhere Visa is accepted globally.
- The Advertising Standards Authority of Ireland (ASAI) is following developments in other countries after British authorities this week unveiled new regulations aimed at curbing misleading advertising for crypto assets.