News of cryptocurrencies of the 2th week of August 2024

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Wisconsin Board, Morgan Stanley Increase Investment in BlackRock Bitcoin ETF

In doing so, the Board completely divested all of its Grayscale Bitcoin Trust shares, worth $63.7 million. The report also mentioned plans to buy shares in cryptocurrency companies Coinbase and Marathon Digital.

Global investment bank Morgan Stanley also disclosed a significant position in BlackRock's Bitcoin ETF in Q2 2024. The organization now controls more than 5.5 million shares of the fund worth $187.79 million. The bank sold almost all of its holdings in Grayscale Bitcoin Trust, reducing them to $148,000 from $269.9 million in the previous quarter.

Former US presidential candidate believes Kamala Harris could take a pro-crypto stance

Former US presidential candidate Vivek Ramaswamy suggested that Vice President Kamala Harris could take a pro-crypto stance, he said in an interview with CNBC.

Ramaswamy is confident that Harris can change her rhetoric to attract the crypto-enthusiast votes that have helped boost her main opponent Donald Trump.

Coinbase Returns to Hawaii

Coinbase Hawaii

Cryptocurrency exchange Coinbase has resumed providing its services in Hawaii. The company left the state market in 2017 due to strict regulation of the cryptocurrency industry. Information about this appeared on the official website of the trading platform.

Coinbase's return to Hawaii was made possible by changes in local cryptocurrency regulations. The adjustments to the regulatory framework were made by representatives of the state Department of Commerce and Financial Institutions.

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