Inching Crypto Towards the Mainstream
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Are we witnessing the humble beginnings of the wider acceptance of crypto, or will it always be something on the fringes?
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Fintech News Stories
Digital Assets Move a Step Closer to Mainstream with Insured Custody
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A Canadian firm has launched insurance against theft and collusion for digital assets in custody.
Read MoreCrypto’s Facebook Bump
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Can a rising tide (from Facebook) lift all boats in the crypto world? That’s what some would think, as Bitcoin hitting the $9,000 mark this week for the first time in a year coincided with news that Facebook will launch its new digital currency called Libra.
Read MoreInternational Regulatory Standards Coming for Crypto
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Cryptocurrencies are notorious for existing outside the normal regulatory oversight that governs most financial assets. Indeed, that’s a main selling point for many fans of crypto. But a group of international regulators this week outlined a plan to try and put some shackles on these shackle-less digital currencies.
Read MoreCrypto Creeps Closer to the Mainstream
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Bitcoin, and the wider crypto industry, took a big step forward to mainstream acceptance this week when the owners of the New York Stock Exchange announced they had acquired a crypto custodian service called Digital Asset Custody Company. Atlanta-based Intercontinental Exchange (ICE), which owns the NYSE, also applied for its cryptocurrency subsidiary—known as Bakkt—to become a registered trust with the state of New York.
Read MoreBridgewater’s Ray Dalio, gold and Bitcoin.
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This past week, Bridgewater’s Ray Dalio took to Linkedin to discuss why investors should allocate up to 10 percent of their portfolios to gold. His reasons appear to be predicated on: a) an ongoing feud between President Trump and North Korea’s Kim Jong-un that has gone from humorous to dead serious;
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