El Salvador’s President Nayib Bukele said in a national address on Thursday that the recently passed law making bitcoin legal tender in the country will take effect on September 7.
Wall Street giant Citigroup is set to help its richest clients bet on cryptocurrencies as part of a new digital asset group inside its wealth management unit. The bank’s move comes as investor demand for digital assets keeps soaring.
Prominent VC firm Andreessen Horowitz (a16z) has launched a $2.2 billion cryptocurrency-focused fund, called the “Crypto Fund III.” It’s a16z’s third and largest crypto venture fund.
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Top stories in the Crypto Roundup today:
- Bitcoin to Become Legal Tender in El Salvador in September
- Citigroup Joins Other Banks Offering Wealthy Clients Access to Crypto
- Andreesen Horowitz Launches $2.2 Billion Crypto-Focused Venture Fund
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