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Dimon is a long-time bitcoin critic. The bank chief said in 2021 at peak crypto valuations that bitcoin was “worthless,” and he doubled down on that sentiment last year in Davos, Switzerland, when he told CNBC that the digital currency was a “hyped-up fraud.” interesting facts about archery

Trump told Bloomberg he’s planning to release another NFT collection after teasing the idea during an event for holders of his mugshot NFTs at his Mar-a-Lago Florida home in May. “The whole thing sold out: 45,000 of the cards. And I did it three times I’m going to do another one because the people want me to do another one. It’s unbelievable spirit. Beautiful,” Trump said.

The bank chief went on to distinguish bitcoin from the other class of cryptocurrencies, the ones by which blockchain has enabled the use of smart contracts. Smart contracts are a programmable piece of code written on a public blockchain, such as ethereum, which executes when certain conditions are met, negating the need for a central intermediary.

“I’ve always been deeply opposed to crypto, bitcoin, etcetera,” he said in response to a question from Sen. Elizabeth Warren, D.-Mass., about the use of cryptocurrencies by terrorists, drug traffickers and rogue nations to finance their activities. “If I was the governments, I’d close it down.”

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Colorado pastor cryptocurrency

Denver Pastor Eli Regalado is facing accusations of misappropriating over $1.3 million from his congregation by launching a cryptocurrency venture. Regalado, along with his wife, Kaitlyn Regalado, reportedly introduced the INDXcoin cryptocurrency to their church members and other Christian communities as a means of investment. The pastor claimed he had divine inspiration and foresaw the future collapse of banks. He promised wealth and blessings to his investors.

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Instead of delivering on their promises, the Regalados used a significant portion of the investment funds for personal luxuries. For example, these used these funds to purchase a Range Rover, jewelry, cosmetic dentistry, vacations, and home renovations.

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MoonPay has more than 20 million accounts created worldwide, since our founding in 2019. We are constantly improving our fiat-to-crypto on-ramp and cryptocurrency exchange features to better serve our global customers. MoonPay’s compliance and security measures aim to protect and safeguard our customers.

Schwab Asset Management also offers the Schwab Crypto Thematic ETF that provides global exposure to companies that may benefit from the development or utilization of cryptocurrencies and other digital assets, and the business activities connected to the blockchain and other distributed ledger technology. This ETF does not invest directly in any cryptocurrency or digital asset.

Exchange-traded funds (ETFs) and mutual funds are available that provide exposure to spot cryptocurrency, cryptocurrency futures contracts, and companies focused on servicing the cryptocurrency market.

For 10 years, CEX.IO has been a leader, innovator, and champion of regulation in the cryptocurrency space. From being the first company to enable crypto purchases with credit and debit cards, to pioneering instantaneous withdrawal services, to netting numerous industry accolades, our award-winning ecosystem sets itself apart by offering best-in-class, tenured products. CEX.IO serves as a critical bridge between traditional and decentralized finance, and remains at the forefront of cryptocurrency development.