Cryptocurrencies

Challenger bank Current plans to pursue decentralized finance – American Banker

Seven years ago, the founders of Current envisioned a challenger bank that would balance blockchain-based services with traditional banking. This was well before the term “decentralized finance” existed and when cryptocurrency was in its infancy. “We thought, maybe money doesn’t need to be held in banks,” said Stuart Sopp, Current’s CEO and one of its …

Challenger bank Current plans to pursue decentralized finance – American Banker Read More »

Advisors 'caught in the middle' of tension between traditional finance and digital assets – The Globe and Mail

This is the new Globe Advisor weekly newsletter for professional financial advisors, published every Friday. If someone has forwarded this newsletter to you via e-mail, or you’re reading this on the web, you can register for Globe Advisor, then sign up for this newsletter and others on our newsletter sign-up page. Advisors are coming around …

Advisors 'caught in the middle' of tension between traditional finance and digital assets – The Globe and Mail Read More »

Financial advisers aren't sold on crypto – MarketWatch

Investment advisers are still conflicted about putting clients into crypto.   A January survey from BitWise Asset Management of 600 financial advisers found 15% allocated a portion—usually 5% or less—of their clients’ portfolios in crypto in 2021. That is up from 9% a year ago and 6% two years ago. Still, 85% of advisers still aren’t investing …

Financial advisers aren't sold on crypto – MarketWatch Read More »

Financial Advisers Aren’t Sold on Crypto – The Wall Street Journal

A January survey from BitWise Asset Management of 600 financial advisers found 15% allocated a portion—usually 5% or less—of their clients’ portfolios in crypto in 2021. That is up from 9% a year ago and 6% two years ago. Still, 85% of advisers still aren’t investing in cryptocurrencies for clients.  Over the past two years, …

Financial Advisers Aren’t Sold on Crypto – The Wall Street Journal Read More »

Financial Advisers Aren’t Sold on Crypto – The Wall Street Journal

A January survey from BitWise Asset Management of 600 financial advisers found 15% allocated a portion—usually 5% or less—of their clients’ portfolios in crypto in 2021. That is up from 9% a year ago and 6% two years ago. Still, 85% of advisers still aren’t investing in cryptocurrencies for clients.  Over the past two years, …

Financial Advisers Aren’t Sold on Crypto – The Wall Street Journal Read More »

All Blockchain-Based Financial Products Face Challenges, Cautions GAO Report – Forbes

All blockchain financial products pose risks says new GAO report Getty Images All blockchain-based financial products face challenges, a report from the Government Accountability Office released today cautioned. “These include risks for users and to the broader financial system due to a current lack of consumer protections, and the ability to use the technology to …

All Blockchain-Based Financial Products Face Challenges, Cautions GAO Report – Forbes Read More »

Powell Flags Risks of New Digital Financial Products – The Wall Street Journal

Federal Reserve Chairman Jerome Powell said the central bank supported innovation in digital financial products but warned that it is “easy to see the risks” of certain new technologies, including cryptocurrencies, that would demand a regulatory overhaul. Mr. Powell said Wednesday that some of these innovations would require changes to existing laws and regulations to …

Powell Flags Risks of New Digital Financial Products – The Wall Street Journal Read More »

The problems with Biden's crypto executive order take us back to 2008 | TheHill – The Hill

Last week, the White House released an executive order where President BidenJoe BidenUngar-Sargon: Working class hit hardest by inflation Nevada county to consider counting all ballots by hand Biden to announce B in Ukraine military aid: report MORE directed federal agencies to engage in a “whole of government” approach to assessing crypto’s risks, which run the gamut …

The problems with Biden's crypto executive order take us back to 2008 | TheHill – The Hill Read More »