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$115 Million in Bitcoin Was Acquired by an Asset Manager as its Primary Treasury Reserve Asset

$115 Million in Bitcoin Was Acquired by an Asset Manager as its Primary Treasury Reserve Asset

Stone Ridge Asset Management, home to $13 billion in assets under management (AUM) has recently purchased $115 million in Bitcoin.

Why Hong Kong Will Be a Leading Digital Asset Trading Centre in Asia

Why Hong Kong Will Be a Leading Digital Asset Trading Centre in Asia

Reasons why Hong Kong will a leading digital asset trading centre in Asia.

Morgan Stanley Chose This Year’s Best Safe Haven Asset—It’s Not Bitcoin

Morgan Stanley Chose This Year’s Best Safe Haven Asset—It’s Not Bitcoin

The Morgan Stanley analysts said that although the Japanese yen and the Swiss franc remain safe havens, their dynamics are shifting.

Blockchain.News Interview with Co-founder and CIO of CryptAM, David Demmer on Digital Asset Management

Blockchain.News Interview with Co-founder and CIO of CryptAM, David Demmer on Digital Asset Management

We conducted an interview with the Founder and CIO of CryptAM, a Fintech firm that offer high net-worth and institutional investors access and diversification into the digital asset market. He also shared with us his views and insights on the current digital asset landscape.

Charles Hoskinson to Airdrop Kanye Coin and Pierce Coin to Demonstrate Cardano’s Multi-Asset Standard

Charles Hoskinson to Airdrop Kanye Coin and Pierce Coin to Demonstrate Cardano’s Multi-Asset Standard

With just one more day to go with the availability of participants being able to interact with the Shelley mainnet launched on June, 30; Charles Hoskinson, the founder, and CEO of Input Output (IOHK), the blockchain engineering firm behind the Cardano blockchain, took it to his “Ask me anything” (AMA) session on Youtube, addressing the recent news on the US Presidential candidates, Kanye West and Brock Pierce.

Grayscale Plans to Offer More Digital Asset Products to Meet Rising Investor Demand

Grayscale Plans to Offer More Digital Asset Products to Meet Rising Investor Demand

Grayscale Investments LLC has announced plans to explore other digital assets.

PayPal May Buy Digital Asset Custodian BitGo Following Crypto Market Entry

PayPal May Buy Digital Asset Custodian BitGo Following Crypto Market Entry

PayPal may be looking to penetrate the market further following its recent crypto payments announcement, rumors indicate the firm may buy digital asset custodian BitGo.

Belt and Road in Hong Kong: the Emergence of Digital Gold in IoT

Belt and Road in Hong Kong: the Emergence of Digital Gold in IoT

A US dollar global economy has led to the underwhelming volume of growth of Chinese goods being traded among the Belt and Road countries and corridors since the initiative began in 2013. GoldZip is the exciting new digital tool allowing countries to barter goods based on their digital gold values.

Thailand’s SEC to Eradicate Any Stumbling Blocks to Digital Asset Advancement

Thailand’s SEC to Eradicate Any Stumbling Blocks to Digital Asset Advancement

The Securities and Exchange Commission (SEC) in Thailand has revealed plans to revise the royal decree on digital asset businesses in 2020 to boost digital assets’ growth, as well as shielding investors from avoidable risks.

Chinese Bank Issues the First Asset-Backed Commercial Paper in China on Blockchain

Chinese Bank Issues the First Asset-Backed Commercial Paper in China on Blockchain

China Zheshang Bank, based in Zhejiang province has leveraged blockchain technology to issue the country’s first asset-backed commercial paper in the Chinese financial market. China Zheshang Bank successfully issued the “Lianxin 2020 Lianjie First Phase Asset-backed Commercial Paper,” which was worth 120 billion yuan ($16.93 billion). The asset-backed commercial paper (ABCP) was issued as a part of the National Association of Financial Market Institutional Investors’ (NAFMII) pilot project. ABCPs are short-term investments issued by financial institutions to support companies in their short-term goals.

BlackRock CEO Larry Fink Says Bitcoin Can Evolve Into Global Asset and Impact Dollar

BlackRock CEO Larry Fink Says Bitcoin Can Evolve Into Global Asset and Impact Dollar

Larry Fink, CEO of BlackRock the world's largest asset manager with $7.4 trillion assets under management, says Bitcoin can evolve into a global asset and impact the US dollar.

US CFTC Charges New York Crypto Trader with Fraud Involving Digital Asset Ponzi Scheme

US CFTC Charges New York Crypto Trader with Fraud Involving Digital Asset Ponzi Scheme

A New York native has been charged with fraud for allegedly scamming $5 million from more than 175 investors using a crypto Ponzi scheme.

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