Goldman Sachs CEO David Solomon is the latest to hop on the bitcoin/blockchain bandwagon. Solomon told French financial newspaper Les Echos that Goldman Sachs is “absolutely” considering its own cryptocurrency — following the lead of rival JPMorgan, which is testing its JPM Coin. Solomon says you should assume that all major investment banks are considering making a foray into crypto.

tZERO has officially launched its cryptocurrency trading app. The app immediately features two currencies—Bitcoin and Ethereum—with additional assets in the pipeline. Investors will be able to access private keys even if their mobile phones are lost, and a private key recovery system can restore funds or digital currencies.

When does it make sense to digitize financial assets by using a security token? Max Kops, who launched his new book Assets on Blockchain, shares his insights. Security tokens have the purpose of digitizing financial assets in a way that makes them liquid and easy to transfer. This happens by moving the assets from banks onto the blockchain, where many platforms, providers, and wallets can integrate with each other.

In addition to Libra, Facebook will be releasing a security token. The Libra Investment Token (LIT) will be a free-floating asset similar to a stock. There are strict requirements over who can purchase these tokens. For example, one needs to have either $1 billion as a traditional company or in managed cryptocurrency assets. Each LIT will be a stake in Facebook’s cryptocurrency project.

Bitcoin broke into the mainstream in late 2017. At the time, its historic surge to nearly $20,000 was driven mainly by retail investors. Now, however, the public is still largely on the sidelines… And the number of Google searches for “bitcoin” is only around 10% of what they were in 2017. In other words, retail investor FOMO has not even started yet, which may suggest that BTC price could go much higher than before.

One of the biggest roadblocks to cryptos gaining widespread traction has been their lack of accessibility. But thanks to platforms like Square (SQ), this asset class will soon become as integral to everyday life as the smartphone...

During an interview with CNBC, Fundstrat Global Advisors co-founder Tom Lee said Bitcoin could easily reach new highs and is becoming the reserve currency of the cryptocurrency space. Lee also noted it’s been worth over $9,000 in only 4% of its history—and that Facebook’s Libra project is a validation of mainstream interest in cryptocurrencies.

Wall Street’s self-regulatory organization—Financial Industry Regulatory Authority (FINRA)—has sat for months on some 40 applications from companies that deal in crypto assets. Some industry members think FINRA is waiting for clear guidance from the SEC on how cryptocurrencies are to be treated under securities laws… while others are convinced the SEC has explicitly told FINRA to hold off.

Oil and energy company Ziyen Inc. just announced it will tokenize oil assets. The energy company is the first such company to list oil assets on the Ethereum blockchain. The oil blockchain industry is being pushed by the security token sector… and we’ve seen similar efforts in other sectors, such as tokenizing gold bars or other metals.

The Coinbase Card will be available in Spain, Germany, France, Italy, Ireland, and the Netherlands. The card allows users to spend cryptocurrencies like Bitcoin, Ethereum, and Litecoin in stores and online at any merchant that accepts Visa. This all comes as startups, banks, and tech companies are trying to make crypto payments and trading more accessible.

Facebook’s developing cryptocurrency has been kept secret by the social media giant, with few details publicly known. However, recent reporting suggests Libra (not “GlobalCoin,” as it was previously dubbed) will be a multicurrency-backed stablecoin used for purchases in products such as Facebook Messenger and WhatsApp with no fees. A whitepaper is expected to be released on June 18.

The introduction of blockchain technology into the Russian market is expected to facilitate greater levels of international trade for the country. Maersk CEO Yuriy Tsvetkov said the platform—called TradeLens—would bring greater levels of transparency to the contracting procedure by “distributing information about supply and demand, conditions, and operations between many participants of the transport and logistics processes.”