Warren Buffet Says Buying Bitcoin is Gambling, Not Investing

Investment guru Warren Buffet remains unsold on bitcoin and crptocurrencies. He doesn’t even consider buying bitcoin as investing and compares it to gambling. Interviewed during Berkshire Hathaway’s annual shareholder meeting, Buffet explained his ongoing skepticism about bitcoin in an interview with Yahoo Finance. “There’s two kinds of items that people buy and think they’re investing,” The post Warren Buffet Says Buying Bitcoin is Gambling, Not Investing appeared first on CCN

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SEC: ICO Tokens Should Be Regulated as Securities, Not Bitcoin

The role of cryptocurrencies was thrust into the spotlight during a hearing between Congress and the US Securities and Exchange Commission. The US House of Representatives Committee on Appropriations held a hearing with the Wall Street regulator on April 26, and they explored regulating cryptocurrencies in what they still seem to believe exist in a The post SEC: ICO Tokens Should Be Regulated as Securities, Not Bitcoin appeared first on CCN

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