Search Results for: Digital Asset
What You Need To Know About Digital Currency Security
February 27th, 2018
Last year, the value of the major cryptocurrencies, led by Bitcoin, increased by over 2,000%, leading many investors to believe that digital currencies were truly the investment asset class of the present and future. However, there are many factors ...
Bitcoin and digital money ‘here to stay’ despite concerns
February 7th, 2018
This week Lloyds and Virgin Money stopped customers using credit cards to buy cryptocurrencies, amid concerns they could run up too much debt. It comes as the value of Bitcoin and other cryptocurrencies fell after a year when prices ...
Starbucks Chairman speculated about a “legitimate” digital currency
January 29th, 2018
Howard Schultz dumped the equivalent of a double espresso into an otherwise humdrum Starbucks earnings call on Thursday. In response to an analyst question about tax law, the Starbucks executive chairman detoured into a stream-of-conscious monologue about Bitcoin and ...
A little-known digital currency surges 70% after teaming up with firms like Microsoft
December 7th, 2017
A digital currency has added more than $3 billion to its market value after the firm behind it said it was teaming up with a number of big tech firms, including Microsoft and Samsung on a “data marketplace.” Called ...
There are now more than 120 hedge funds focused solely on bitcoin, digital currencies
October 31st, 2017
Data shared exclusively with CNBC from financial research firm Autonomous Next shows the number of funds investing in digital assets like bitcoin has grown rapidly to 124. Autonomous Next also estimates that the “crypto-funds” have about $2.3 billion in ...
Russia has plans to introduce its own digital currency
August 25th, 2017
Russia has plans to introduce its own digital currency running on blockchain technology, according to First Deputy Prime Minister Igor Shuvalov. The FSB “is actively working at the international level and wants to ensure that security issues are solved ...
U.S. firm to launch sale of digital token for forex trading
May 18th, 2017
Fintech Investment Group, a U.S.-based commodity trading adviser, plans to launch an initial coin offering in June for its own token that allows investors to trade currencies on a digital platform, company founder Alan Friedland said. The new digital ...
New global fund to raise $300 Million for digital currency investments
April 24th, 2017
Alphabit, a global fund that invests in digital currencies, has been launched with a target of $300 million, co-founder Liam Robertson said in an interview, as managers seek to tap growing demand for virtual assets that allow for instant, ...
TD Ameritrade Institutional Gives “Analog” Advisors New Tools to Compete in a Digital Age
February 3rd, 2017
In an era of accelerating technology change, independent registered investment advisors (RIAs) can still compete — and thrive — if they have the right tools, elevate their client-facing technology and work with partners and collaborators committed to their long-term ...
Israel to Tax Digital Currency Sales as Property
January 17th, 2017
In a statement released this week, the Israel Tax Authority (ITA) announced that it has decided to treat digital currencies like Bitcoin as assets rather than as foreign currencies for the purpose of taxation. That announcement has come more ...
