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Latest from Nelson Wang
Congressmen McHenry, Thompson Call SEC Chair Gensler’s Remarks on Crypto ‘Concerning’
The two congressmen wrote that rather than potentially regulating innovation and job creation out of the U.S., lawmakers and regulators should “promote an active dialogue between regulators and market participants.”

Marathon Digital Shares Rise as Q2 Earnings Beat Estimates
The bitcoin miner's stock has more than tripled this year.

Jamaica’s Central Bank Mints Country’s First Batch of CBDCs
The pilot program was originally supposed to launch in May, but was delayed for unspecified reasons.

Fidelity Takes 7.4% Stake in Marathon Digital
The investment reflects growing institutional and individual interest in investing in crypto-related companies.

Oscar Mayer Auctioning Off Single Pack of ‘Hot Doge Wieners' Worth 20,000 Dogecoins
Bidding for the single pack on eBay ended abruptly on Wednesday before resuming again the next day.

Arca Launches Actively Managed ‘Digital Yield’ Fund
The fund is targeting effective yields in the low double digits.

MicroStrategy CEO Likens Borrowing to Buy Bitcoin to Investing Early in Facebook
Michael Saylor defended his company’s debt-fueled, bitcoin buying spree over the last year by saying it continued to be a great investment.

Robinhood Falls in Trading Debut
Shares of the popular zero-commission trading app opened down as much as 10% on Thursday before closing the day down 8.4%.

BlockFi Gets More Time From NJ Regulators Before New Interest Accounts Are Banned
An order by the New Jersey Bureau of Securities had already been delayed once.

Shopify to Allow Merchants to Sell NFTs Directly Through Their Stores
One of the first Shopify merchants to offer NFTs will be the NBA’s Chicago Bulls.
