Bitcoin 1Q Retail Flow Exceeding Institutional Investment: JPMorgan Strategist
The decline in institutional investment may be one reason behind bitcoin's failure to hold above $60,000.
The deputy governor said bitcoin and stablecoins were investment options and not currency during the Boao Forum on Sunday.
Upon its completion, the facility will be the largest filecoin distributed storage infrastructure project in China.
The funds are each bringing $20 million in investment to boost growth and development for Solana in the Chinese region.
A memo obtained by CoinDesk lays out the bank’s approach to providing clients with access to bitcoin and other digital assets.
The new program allows investors to deposit funds into a self-directed retirement account.