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Bank of America Considers Bitcoin and Crypto Transactions to be Equivalent to Cash

Bank of America Considers Bitcoin and Crypto Transactions to be Equivalent to Cash

Bank of America is considering Bitcoin, Ethereum, and other altcoins to be cash equivalent, and will treat crypto-related transactions as cash advances. Adjustments to the fees in that category of transactions will also be made.

Ray Dalio Sheds Light On What Constitutes A Good Investment Portfolio, and It Includes Bitcoin (BTC)

Ray Dalio Sheds Light On What Constitutes A Good Investment Portfolio, and It Includes Bitcoin (BTC)

Ray Dalio, the founder of hedge fund giant Bridgewater Associates, has long been critical of Bitcoin but it appears that his stance may have changed over time.

Chamath Palihapitiya Sees Bitcoin as a Hedge Against Economic Uncertainty

Chamath Palihapitiya Sees Bitcoin as a Hedge Against Economic Uncertainty

Chamath Palihapitiya, the founder and CEO of Social Capital, reveals that Bitcoin acts as a hedge against global uncertainty caused by the pandemic.

European Union Parliament Considers Petition for Crypto Fraud Victims Fund

European Union Parliament Considers Petition for Crypto Fraud Victims Fund

European Union Parliament is considering a petition from a consortium of individuals and companies to establish a restitution fund for victims of crypto-fraud.

Scaramucci's SkyBridge Capital Applies for Bitcoin ETF as Institutional Sentiment Remains Bullish for BTC

Scaramucci's SkyBridge Capital Applies for Bitcoin ETF as Institutional Sentiment Remains Bullish for BTC

The approval of Canadian-based Bitcoin ETFs has led many to wonder when the United States Securities and Exchange Commission (SEC) will approve one of its own. Currently, Anthony Scaramucci’s hedge fund, SkyBridge Capital, has tried its luck by filing a request with the SEC for a Bitcoin ETF.

Franklin Templeton to Enable Money Fund Shares on Stellar Network

Franklin Templeton to Enable Money Fund Shares on Stellar Network

Global investment fund Franklin Templeton Investments filed a preliminary prospectus with the United States Securities and Exchange Commission (SEC) for a money market fund where shares would be recorded and tokenized on the Stellar Network.

Stablecoins Hit $20 Billion by Market Cap Milestone, More Investors Favouring Tether as Hedge

Stablecoins Hit $20 Billion by Market Cap Milestone, More Investors Favouring Tether as Hedge

Stablecoins have made incredible crypto gains, achieving a milestone of $20 billion per market capitalization in September.

Brazil Central Bank Moves to Follow IMF Crypto Classification Guidelines

Brazil Central Bank Moves to Follow IMF Crypto Classification Guidelines

The Central Bank of Brazil has adopted the classification of cryptocurrencies being sold or purchased under the International Monetary Fund (IMF) guidelines.

China is Expecting its First-Ever Blockchain Exchange-Traded Fund

China is Expecting its First-Ever Blockchain Exchange-Traded Fund

Shenzhen is expecting its nation’s first exchange-traded fund (ETF) that will track blockchain-themed stocks as underlying assets.

Canadian Investment Fund Manager Receives ‘Favourable Ruling’ From Regulators to Offer Bitcoin Fund

Canadian Investment Fund Manager Receives ‘Favourable Ruling’ From Regulators to Offer Bitcoin Fund

Canadian investment fund manager 3iQ Corp. announced on Oct. 30 that it had received approval from its public hearing by the Ontario Securities Commission (OSC) for a closed-end Bitcoin fund that will be listed for trading on a major Canadian stock exchange.

Making a Difference in Africa: Paxful Unveils Bitcoin Donation Fund to Overcome Coronavirus Pandemic

Making a Difference in Africa: Paxful Unveils Bitcoin Donation Fund to Overcome Coronavirus Pandemic

Paxful aims to provide support in Africa to address the coronavirus outbreak.

Paxos—How the Global Financial Crisis Inspired the Creation of the NYDFS-Regulated Stablecoin

Paxos—How the Global Financial Crisis Inspired the Creation of the NYDFS-Regulated Stablecoin

Charles Cascarilla is the CEO and co-founder of Paxos, a financial technology company working to modernize the financial system by digitizing and mobilizing assets. A traditional hedge fund manager and equity investor, Cascarilla was able to recognize the power of blockchain and the function it could have in revolutionizing the way trade is conducted and settled.

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