CageChain Newsletter #222 | Institutional Investors Ready to Flip?, ETH Merge Meltdown, Blockchain Lobbying Efforts, OFAC Tornad

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Henrik Andersson, CIO of crypto asset fund manager Apollo Capital believes institutions may soon "flip" on their conservative stance towards crypto. Speaking to Cointelegraph, the Melbourne-based crypto fund manager said that while institutional interest in crypto has been slow in picking up, particularly in Australia, there are a lot of players that are waiting for the right moment to strike. Ethereum is now a day away from the much-anticipated Merge. In this article, I quickly review what this means for the Ethereum blockchain in the long run. On top of that, I look at how the market is reacting to this event and what my expectations are. Washington-based trade group Blockchain Association has announced that it will be launching a Political Action Committee (PAC) in a bid to support pro-crypto candidates. The committee will focus its efforts on influencing the administration to take a friendlier stance on crypto. The U.S. Treasury Department wants people who had pending transactions before the Tornado Cash sanctions to apply for a license... FFS... You can find these stories and more at the link below:

Newsletter #222

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