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
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
The Cabinet of Malta has approved three bills related to cryptocurrency and blockchain technology. One bill in particular, the Virtual Financial Assets Bill, provides a regulatory framework for cryptocurrencies and initial coin offerings.
Nasdaq CEO says that “certainly” the stock exchange could become a crypto exchange in the future. #NEWS
Philippines’ Cagayan Economic Zone will be open to 10 crypto-related firms to generate employment in exchange for tax breaks. #NEWS
China’s National Audit Office thinks blockchain streamline its data storage operations.
German firm BITREAL Capital GmbH has been approved to launch the first hybrid cryptocurrency and real estate fund in Germany. #NEWS
Billionaire Silicon Valley venture capitalist Tim Draper is doubling down on his bullish bitcoin hand. Draper, founder of Draper Associates, became famous for his early backing of tech sensations Tesla, Jobs.com and Skype, but if you ask him today, bitcoin surpasses them all.
The cryptocurrency trading market is about to receive an influx of more big banks, hedge funds and other financial institutions within the next few months to a year. A new survey shows that while most are keeping quiet in public about their crypto plans, many are preparing to enter the field.
The Republic of San Marino, a tiny microstate entirely surrounded by Italy, unveiled ambitious plans to become one of the world’s leading blockchain hubs. San Marino Innovation , the Republic’s innovation arm, has confirmed the creation of a joint venture with Estonian-based blockchain technology developer Polybius .