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...Scanlon, a 44-year-old Utah native who claimed to have sold three businesses before he finished his degree in business at Utah Valley University, bought Nvayo in August 2017....
...At the end of January, total net inflows across all products were just below $1.5bn, with bitcoin trading at about $43,000, slightly down from $44,000 at the start of the year....
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...So much so that the main sovereign currency that people use to trade against crypto tokens is now the Korean won, not the US dollar....
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...Optimism in the broader crypto sector has sent the price of bitcoin, the most actively traded cryptocurrency, to a 20-month high of $44,000, while the price of competitors including ethereum and dogecoin...
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...The comments from Michael Hsu, acting director of the Office of the Comptroller of the Currency, are the latest shot across the bow to banks, which have complained for months about regulators’ plans for...
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...“The Gaza war has impacted the way the US looks at Egypt’s current situation and this has produced new flexibility,” said Michael Wahid Hanna, US programme director at the International Crisis Group....
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