MicroStrategy still doesn’t plan to sell its Bitcoin, according to the company’s new Chief Financial Officer Andrew Kang. The recent bear market, which has brought Bitcoin’s value below the company’s average purchase price, hasn’t shaken the organization’s faith. “At this time, we do not have any intention to sell,” said the CFO, after joining the company on May 9th hailing from GreenSky. “There are no scenarios that I’m aware [in which] we would sell.” Shareholders also remain confident and reportedly…
Tag: Comptroller of the Currency
The Future of Banks Lies in DeFi, Says OCC Chief
Brian Brooks, the Comptroller of the United States Currency believes that decentralized finance (DeFi) could determine the future of banks. According to him, DeFi will eventually redefine the banking system provided that adequate regulations are put in place. DeFi Could Change the Banking Sector Brian Brooks the current director of the Office of the Comptroller of the Currency (OCC) revealed his thoughts in an opinion piece published for the Financial Times. According to Brooks, licenses from national banks could one…
1 year ago 
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