El Salvador Makes BITCOIN A Legal Tender - Invesco Crypto ETFs - Ripple CEO Jay Clayton - a podcast by Thinking Crypto

from 2021-06-10T03:13:19

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El Salvador officially recognizes bitcoin as legal tender. In an early Wednesday vote, a supermajority of the nation’s legislature voted in favor of President Nayib Bukele’s proposal for the Latin American nation to adopt bitcoin. The president intends to sign the bill into law later tonight or early in the morning. Grayscale CEO Michael Sonnenshein
to CNBC: “We would not be surprised to see states and central banks add Bitcoin to balance sheet.” Macro investor Raoul pal tweets "I'm presenting the case for crypto to 3,000 institutional clients and staff of a global investment bank this afternoon. Trying to do my part...and grateful for the opportunity." Invesco plans two cryptocurrency-focused exchange-traded funds (ETFs), becoming the latest entrant into the field while approval of an actual bitcoin ETF by the U.S. Securities and Exchange Commission remains elusive. Ripple CEO Brad Garlinghouse tweets a response to Jay Clayton's statements on US crypto regulations.

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