Bitcoin slumped 10% to a 10-day low, retreating further from record highs, with traders citing fears of tighter U.S. regulation.
Yesterday, BlackRock Inc said in a company filing that it was adding bitcoin futures as an eligible investment to two funds, in a move to bring the world of cryptocurrency to its clients.
During a Senate hearing on Tuesday Janet Yellen, Biden's pick to head the U.S. Treasury, expressed concerns that cryptocurrencies could be used to finance illegal activities.
#News #Bitcoin #cryptocurrency #JanetYellen
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Yesterday, BlackRock Inc said in a company filing that it was adding bitcoin futures as an eligible investment to two funds, in a move to bring the world of cryptocurrency to its clients.
During a Senate hearing on Tuesday Janet Yellen, Biden's pick to head the U.S. Treasury, expressed concerns that cryptocurrencies could be used to finance illegal activities.
#News #Bitcoin #cryptocurrency #JanetYellen
Subscribe: http://smarturl.it/reuterssubscribe
Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled.
Get the latest news on: http://reuters.com/
Follow Reuters on Facebook: https://www.facebook.com/Reuters
Follow Reuters on Twitter: https://twitter.com/Reuters
Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en
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