Venture capital giant Andreessen Horowitz announced on Thursday that it has raised a new $515 million fund focused on the cryptocurrency industry, dubbed the Crypto Fund II. According to a blog post announcing the fund, a16z plans. A16z plans to deploy the capital across a number of high-potential verticals including payments, modern stores-of-value, decentralized finance (DeFi), web 3.0 and digital goods.

Mukesh Ambani’s telecom operator Reliance Jio has bagged a $5.7 billion investment from Facebook. It will boost digital payments in India, and crypto too.

There appears to be no shortage of interest in cryptocurrency and blockchain policy in D.C. as Members in the House of Representatives and U.S. Senators have introduced a total of 32 bills in the 116th Congress.

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The ex-chairman of the CFTC says a digital dollar should be a priority for the U.S. But he cautions against expediting the initiative during the crisis.

Cryptocurrency, blockchain and decentralized data are all buzzwords we've seen floating around in recent years, but the technology is so new that it's hard to see direct applications to our lives, even in space exploration. But blockchain and space have more ties than you might expect.

The idea of a digital dollar was again floated by U.S. lawmakers as a means of issuing stimulus payments to residents.

Guap Coin is a decentralized cryptocurrency with Android, PC, and Mac wallets that can be found on Coinmarketcap. It is founded by Tavonia Evans, an African-American mompreneur of eight kids.