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

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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