Warren Buffett’s Berkshire Hathaway Invests $600 Million in Two FinTech Firms

Despite Buffett’s blatant disdain for cryptocurrency and fintech, two $300 million dollar investments into two fintech payment firms suggest that Berkshire Hathaway may be ready to join the crypto party. A Change of Heart? On Tuesday the Wall Street Journal (WSJ) reported that Warren Buffett’s multinational investment conglomerate, Berkshire Hathaway, is reported to have invested […]

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Japan’s Financial Regulator Says Stablecoins Are Not Cryptocurrencies

The lack of uniformity in stablecoins has led Japan’s Financial Services Agency (FSA) to conclude that stablecoins are not cryptocurrency. Not All Digital Assets Are Created Equal Japan’s Financial Services Agency (FSA) recently announced that it does not believe stablecoins should be classified in the same category as cryptocurrencies. According to Japan’s Payment Services Act […]

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The SEC Wants to Engage the Crypto Community through FinHub

The launch of FinHub shows that the US Securities Exchange Commission (SEC) is increasingly focusing on 4th Industrial Revolution technologies. Among these technologies, Bitcoin and artificial intelligence (AI) continues to enjoy prominence. Crypto Enthusiasts Can Engage the SEC through FinHub On October 18, 2018, the SEC launched the Strategic Hub for Innovation and Financial Technology (FinHub) to […]

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BitGo Hopes You’re Hungry For A Bitcoin Wrap on the Ethereum Blockchain

BitGo yesterday announced Wrapped Bitcoin, an ERC20 token on the Ethereum blockchain, fully backed by bitcoin. The project, in partnership with Kyber Network and Republic Protocol, will launch in January 2019. And Twitter asked… Why? As we should now expect from the Twitterverse, responses were swift and brutal. Andreas M. Antonopoulos received twice as many likes […]

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Circle & Coinbase Partner Up For a Better Stablecoin, But There’s a Catch

Circle and Coinbase, two of the largest and most popular cryptocurrency companies, are partnering to improve the stablecoin concept, but there’s a catch.  The CENTRE Consortium for a Better Stablecoin On Tuesday, both companies announced the CENTRE Consortium, a joint venture that aims to speed up adoption of cryptocurrencies backed by actual fiat currencies like US […]

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Increasing Number of Nations Are Competing to Be the Most Bitcoin-Friendly

Several countries are racing to become the world capital of cryptocurrency technologies. Bermuda, Gibraltar, and Malta are now competing with France to lure cryptocurrency companies to establish headquarters in their respective capitals. Advancing Initiatives to Expedite the Growth of the Crypto Industry Tax havens and business paradises such as Bermuda, Gibraltar, Liechtenstein, and Malta are […]

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Fintech Powerhouse NAGA Partners Up with Hamburg SV

Blockchain technology and cryptocurrencies continue to move into the world of professional sports with the latest announcement that NAGA has partnered up with Hamburg SV. Mutual Benefit, Mutual Learning NAGA — a diverse and extensive cryptocurrency ecosystem focusing on social trading, virtual assets and cryptocurrencies — has announced its support for HSV Fußball AG for […]

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South Korea’s Financial Services Commission Announces Creation of Cryptocurrency Division

South Korea’s Financial Services Commission recently announced a “major organizational reshuffle” to help protect consumers and adapt to changing financial innovations. Part of the reorganization includes a new division to oversee the cryptocurrency sector. The government of South Korea has taken a relatively careful and considered approach towards cryptocurrencies and blockchain technology over the last […]

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Coinbase Responds to Criticism: Set to Open New Portland Office with Focus on Customer Service

Following a barrage of heavy criticism for being widely underprepared in terms of customer service, Coinbase is set to open a new office in Portland that will be focused largely on customer support, compliance, finance, IT, and HR. Failing Customer Support Coinbase, the largest cryptocurrency exchange in the US, has been the object of heavy […]

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An Electronic Bitcoin OTC Platform Has Been Built For Institutional Investors

Osato Avan-Nomayo · June 6, 2018 · 5:00 pm Jump Trading, a Chicago-based firm, has developed a digital bitcoin OTC trading platform, which it expects will  revolutionize the bitcoin trading arena for institutional investors. Electronic Bitcoin OTC Trading Jump Trading’s new platform is a significant upgrade on the usual OTC bitcoin trading paradigm. Usually, firms conduct […]

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