Traditional hedge funds consider regulatory uncertainty biggest barrier to entry in crypto

There have never been more traditional hedge funds investing in crypto, but around two-thirds are still hesitant to enter the market, according to PwC’s 2022 Global Crypto Hedge Fund Report. Those on the fence said they were waiting for the market to mature and more regulations to be set in place.

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Bentley Motors gears up to drop its Genesis NFT collection on Polygon

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British luxury car manufacturer Bentley Motors Limited is dipping its toes into the Web3 ecosystem with the launch of a non-fungible token (NFT) collection on Ethereum scaling platform Polygon, the company announced today.

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Conservative MP Matt Hancock advocates for “attractive” tax and regulatory regimes in the U.K.

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Conservative MP and crypto advocate Matt Hancock in a keynote speech delivered at Crypto A.M.’s 4th anniversary on June 22 called for a crypto-friendly tax and regulatory regime.

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Solana launches Android smartphone ‘purpose-built for crypto’

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Solana Labs, the team behind the Solana (SOL) network, on June 23 announced the launch of its own Android smartphone named Saga, as well as the Solana Mobile Stack software ecosystem for Android.

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El Salvador’s President says ‘Bitcoin will pick up, don’t worry and enjoy life’

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El Salvador’s President Nayib Bukele assured citizens that the current bear market is not the end for Bitcoin (BTC) and advised Bitcoin investors to stop worrying and be patient.

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Israel, Hong Kong enter partnership to test new CBDC against cyber risks | CryptoSlate

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The Bank of Israel has joined hands with the Hong Kong Monetary Authority to test a new central bank digital currency (CBDC), Bloomberg News reported on June 16.

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