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FameEX Morning Crypto News Recap | August 15, 2023

2023-08-15 12:10:00

Robert Kiyosaki Urges Purchasing Silver Before Depletion
Robert Kiyosaki, renowned for 'Rich Dad Poor Dad,' emphasizes the urgency for investors to purchase silver before its scarcity worsens. He asserts that silver's long-term investment potential surpasses that of gold, making it a more advantageous choice for buyers.

BRICS Holds Serious Potential: Experts Suggest Bloc Could Rival G7
Experts in international relations emphasize that the BRICS coalition's impact on the global economic order is substantial. Comprising prominent emerging markets and constituting more than a quarter of the global GDP, the bloc's potential to rival the G7 group of developed economies is taken seriously.

Anticipated This Week: Experts Discuss Impending Grayscale Bitcoin ETF Verdict
Grayscale Investments aims to transform its Bitcoin trust into a spot Bitcoin exchange-traded fund (ETF). The company's lawsuit against the federal securities regulator, with a decision anticipated by week's end, holds implications for this transition. The verdict could prove pivotal in shaping the future of Grayscale's pursuit of a Bitcoin ETF.

British Regulator Reveals Crypto Registration Statistics: 13% of Applications Approved
Since January 2020, the Financial Conduct Authority (FCA) of the UK has received 291 registration applications from crypto firms. Merely 13% of these applications have been approved, granting permission for these companies to operate within the country under FCA oversight.

Anthropic AI Secures $100 Million Investment from South Korea to Enhance the Telecommunications Sector
Google-backed Anthropic AI obtains $100M funding from SK Telecom to enhance telecom. They collaborate to create a multilingual large language model (LLM) for the Telco AI Platform, aiming to advance language understanding and telecom industry capabilities.

PayPal Introducing Cryptocurrency Hub for Exclusive Users
PayPal, the payments giant, unveils its Cryptocurrencies Hub, a new feature in its terms and conditions. This addition comes after the launch of the PayPal USD stablecoin. With the Cryptocurrencies Hub, users gain the ability to hold, manage, and engage with Bitcoin and various cryptocurrencies directly within their PayPal accounts.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.

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