Bill Gates: Digital Currency Will Help the Poor

  Microsoft's Bill Gates is one known in the past for expressing admiration for cryptocurrencies and in a recent video, he has done just that claiming that digital technology has the means to empower the world's poorest. Although the Microsoft principal founder has cooled to Bitcoin in recent years, there was a time he would express more upbea...
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Zhao: Binance Chain to Be Ready in “Months,” Enabling Projects to Issue Tokens

  Some of Asia's most wealthy people have gathered in Singapore today to learn about blockchain technology and crypto from the planet's most influential thought leaders in the space. Amongst those presenting at Forbes Asia's "Decrypting Blockchain for Business" event was Binance's Changpeng Zhao and BTCC's Bobby Lee. Interest in Blockchain Rem...
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Binance CEO Says 2019 Is When Cryptos Achieve Mass Adoption

  Although the cryptocurrency market is in a bear trend, there are some figures that believe the market will grow during the next year. During a conversation with The Street a few days ago, Changpeng Zhao, Binance CEO, said that in 2019 cryptocurrency adoption will increase. Changpeng Zhao Believes Adoption Will Increase in 2019 During 2018, t...
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Coinbase Launches an OTC Trading Desk to Cater for Demand from Institutional Clients

  News reaching Ethereum World News indicate that the popular cryptocurrency exchange of Coinbase is launching an OTC (Over The Counter) trading desk to cater for its Institutional clients. According to Cheddar – a mainstream financial news outlet – the need to open the new OTC desk was as a result of demand from its institutional investors/cl...
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CRYPTOCURRENCIES WILL SURVIVE AND GAIN WIDER ACCEPTANCE, SAYS ALLIANZ CHIEF ECONOMIC ADVISOR

  Mohamed El-Erian, chief economic advisor at Allianz, told the New York 'Consensus' conference yesterday that cryptocurrencies are here to stay. His positive outlook comes despite the prolonged slump that has blighted markets all year. INSTITUTIONS ESTABLISHING A 'FOOTHOLD' In fact, El-Erian thinks the recent meltdown was a predictable part o...
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Mike Novogratz: Financial Institutions Will Step In And Crypto Market Will Flip Next Year

  The crypto market grew by many folds in 2017, especially during the bullish peak period of December. The year saw various businesses sprout up, with some floating ICOs as a means of raising capital. However, 2018 has brought in some serious changes, most notable of which is the regulators' growing interest in the industry. The crypto market ...
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Top 5 Crypto Tax Software Companies for Tax Season

This story was originally published at BlockFi.com . For more information on understanding crypto taxes and managing your tax exposure, visit the BlockFi resource center . Calculating your crypto taxes is one of the more stressful parts of being a cryptocurrency trader. The time it takes to report on your crypto taxes depend on the number of coins ...
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Central banks should consider issuing digital currencies: IMF chief

  Christine Lagarde, head of the International Monetary Fund (IMF), recently gave her views on digital currencies issued by various central banks to prevent the incidents of fraud and money laundering. Lagarde made her statements at the Singapore Fintech Festival, which was held on Monday. "Your deposits in commercial banks are already digital...
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Coinbase partners Wilshire Phoenix to launch a new cryptocurrency fund

  It's getting harder to keep Coinbase out of the limelight these days. One of the leading crypto exchanges in the world, Coinbase , has teamed up with a New York-based investment firm Wilshire Phoenix to launch a new cryptocurrency -focused fund that is orgainized as a statutory trust and will be capped at $500 million, according to a press r...
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Fidelity just made it easier for hedge funds and other pros to invest in cryptocurrencies

Fidelity Investments, which administers more than $7.2 trillion in client assets, announced a new and separate company called Fidelity Digital Asset Services on Monday. The firm will handle custody for cryptocurrencies such as bitcoin and will execute trades on multiple exchanges for investors such as hedge funds and family offices. Other crypto co...
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Nasdaq Reportedly Considers Creating Platform for Cryptocurrency Security Tokens

  Inside sources say Nasdaq is looking to create a platform for cryptocurrency security tokens. This development is the latest in a series of reports of the U.S.-based stock exchange operator taking steps to enter the digital asset space. Nasdaq and Cryptocurrency Security Tokens According to reports, Nasdaq plans to develop a platform where c...
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Crypto Fund’ Approved to Manage Cryptocurrency Investments in Switzerland

Emerging Swiss virtual currency fund, Crypto Fund AG, said on Tuesday it had been given an asset management license by the Financial Market Supervisory Authority (Finma). The license allows the company to manage crypto-related investments within Switzerland and to solicit for others elsewhere. Crypto Fund will also be authorized to provide investme...
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Yale’s ‘Warren Buffett’ Invests in New Crypto Fund

US investor David Swensen, who manages Yale University's $30 billion endowment, is now betting on the crypto market by investing in a cryptocurrency-oriented fund that raised $400 million, people familiar with the matter told CNBC and Bloomberg . Paradigm, as the new fund is called, was launched by Fred Ehrsam, who co-founded crypto exchange Coinba...
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Circle Acquires Crowdfunding Platform and Broker-Dealer SeedInvest

  Cryptocurrency finance company Circle Internet Financial Ltd. has acquired equity crowdfunding platform and broker-dealer SeedInvest, according to an announcement published October 5. Exact terms of the transaction were not disclosed. New York-based SeedInvest was founded in 2012 as a startup investing platform. Since then, the company has r...
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Renown Wall Street Financial Advisor Ric Edelman Joins Bitwise Asset Management

  Popular Wall Street Financial Advisor Ric Edelman Joins Bitwise Legendary wall street advisor Ric Edelman recently revealed that he has invested in Bitwise Asset Management . Edelman is the founder of Edelman Financial Services, lately named the No. 1 Registered Investment Advisor (RIA) firm in the country for 2018 by Barron's, with $22 bill...
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Yale University's Investment Office Has Invested in $300 Million Crypto Fund, Inside Sources Report

  David Swenson , the chief investment officer at Yale University, a private American Ivy League research-focused university, has reportedly invested in giant venture capital firm Andreessen Horowitz's $300 million cryptocurrency fund - which is "designed to include the best features of traditional venture capital, update to the modern crypto ...
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Shapeshift CEO Responds to Wall Street Journal Laundering Claims

  Reporters at the Wall Street Journal (WSJ) tied innovative ecosystem cryptocurrency exchange Shapeshift to money laundering. "How Dirty Money Disappears Into the Black Hole of Cryptocurrency," was its published product from months of investigative journalism. The company's CEO, Erik Voorhees, claims cooperation with the WSJ was obtained "und...
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Goldman Sachs Launches US Dollar Coin (Fedcoin). Coinbase To Become The Crypto Regulatory Agency (360+)

  Goldman Sachs startup Circle, the Boston-based crypto finance company, has gone live with its stablecoin called the US Dollar Coin, or USDC . This is the first cryptocurrency released by a major financial institution. In order to avoid instability and inflation inherent to other unregulated cryptocurrencies, the value of the USDC will be tie...
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Coinbase CEO: One Billion People Could Be in the Crypto Ecosystem in Five Years

Brian Armstrong, the CEO of cryptocurrency exchange Coinbase, gave the crypto community a sneak peek into what the future of Coinbase would look like while on stage at Techcrunch Disrupt this week. The popular cryptocurrency exchange, which lets users trade fiat to crypto and serves as the entry point for most new entrants into the cryptocurrency s...
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Kingdom Trust offers insured custody for digital assets to institutional investors

A new milestone was met for institutional adoption as custodian firm Kingdom Trust, host to investments in 30+ different cryptocurrencies, announced a collaboration with insurance provider Lloyd's of London. This becomes the first time a regulated financial institution will provide insurance coverage and qualified custody to institutional investors...
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