Latest from Jamie Crawley
RIT Capital Partners Acquires Stake in US Crypto Exchange Kraken
Terms have not been disclosed although the investment was disclosed to investors during a webinar in March.

UK Asset Manager Baillie Gifford Invests $100M in Blockchain.com
The Edinburgh, Scotland-based company was also an early investor in tech giants Tesla and Google.


DeFi Protocol EasyFi Reports Hack, Loss of Over $80M in Funds
A company blog post reveals that private keys to the project’s admin account had been compromised.

Facebook-Backed Diem Aims to Launch Stablecoin Pilot in 2021: Report
The pilot would see a single stablecoin pegged to the U.S. dollar.

PayPal-Owned Venmo Adds Bitcoin Buying and Selling
Customers will be able to buy and sell crypto on Venmo for a fee starting from $1.

Online Retailer Newegg Accepting Dogecoin as Payment Option
The announcement coincides with “Doge Day” in which enthusiasts and traders are pumping the coin hard to get its price to $1.

Facebook-Led Diem Could Become White-Label CBDC Provider: Citi Report
The Diem white paper suggests the company would be open to discussions with central banks about providing this service.

SEC Causing ‘Confusion’ Over Digital Currencies in Legal Case With Ripple: WSJ Editorial Board
Regulators are “creating danger” for investors in their inconsistent approach to determining how to treat cryptocurrencies.

Bank of England and HM Treasury Launch Taskforce for UK CBDC
This is the first sign the Bank of England exploring the launch of a CBDC following the release of a discussion paper in March 2020.

