In 1940, the chances of children outperforming their parents in terms of income was 41%.

The Securities Commission Malaysia (SC), the country’s topmost watchdog for financial services and securities, ordered crypto exchange Binance to shut up shop within two weeks and cease all offerings to Malaysian users.

Binance has plans to set up physical headquarters in multiple jurisdictions as a concession to the global regulatory backlash.

Payment processors that facilitate the immediate transfer of crypto into fiat currency and enable acceptance of Bitcoin (BTC) payments for e-commerce, point-of-sale, invoicing and remittance, have a finger on the pulse of the everyday economics of cryptocurrency adoption.

Dan Held, the Director of Growth Marketing at crypto exchange Kraken, expects Bitcoin to reach a market cap of up to $200 trillion.

Uniswap’s growth lead, Ashleigh Schap, has hinted that the company has possible deals in the works with major trading and payments platforms including PayPal, E*Trade, and Robinhood.

US President Joe Biden and the bipartisan group announced the details of a historic $550 billion federal investment in the country’s infrastructure as the Senate intends to tighten crypto taxes in order to raise $28 billion that would contribute to the funding, Bloomberg reported.

No private keys, no crypto.

Ripple chairman Chris Larsen cautioned investors on the risks of investing in Dogecoin.

US-based blockchain company Ripple, which operates the payment protocol and exchange network using XRP, announced a new partnership with Japan’s largest money transfer provider SBI Remit, mobile payments service Coins.ph and digital asset exchange platform SBI VC Trade to transform remittance payments from Japan to the Philippines.