Major investment bank Morgan Stanley believes that central bank digital currencies are not a threat to the existence of cryptocurrencies. The bank believes that both types of digital currencies can coexist because they serve different purposes and have different appeals. Cryptocurrencies and CBDCs Can Coexist Morgan Stanley’s analysts, including chief economist Chetan Ahya, discussed the […]…
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The most recent Bank of America Fund Manager Survey shows that about three out of four professional investors think that bitcoin is a bubble. The fund managers also rated bitcoin second on the list of the most crowded trades. Recently, investment bank JPMorgan also warned that cryptocurrency as a sector is in a bubble.
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Goldman Sachs’s David Solomon today touched on Bitcoin and the digitization of money in an earnings call. Here’s what he had to say….
Continue reading on https://decrypt.co/66546/goldman-sachs-bitcoin-ceo-earnings
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Banking news US-based investment giant Goldman Sachs plans to build a digital bank but, at the moment, it is not focused on providing a crypto wallet, Bloomberg’s Sonali Basak reported, citing CEO David Solomon.
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Banking news US-based investment giant Goldman Sachs plans to build a digital bank but, at the moment, it is not focused on providing a crypto wallet, Bloomberg’s Sonali Basak reported, citing CEO David Solomon.
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HSBC won’t let traders on its investing platform dabble in MicroStrategy stock. Will it apply its anti-crypto policy to Coinbase shares?…
Continue reading on https://decrypt.co/66277/hsbc-lacks-appetite-bitcoin-bans-microstrategy-stock
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Nasdaq-listed Microstrategy, which has amassed nearly 100K bitcoins in its treasury, has modified its compensation agreements for the board of directors. The company will now pay non-employee directors in bitcoin, citing its commitment to the cryptocurrency “given its ability to serve as a store of value, supported by a robust and public open-source architecture, untethered […]…
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MicroStrategy’s board of directors is now being paid in Bitcoin, according to the company’s CEO Michael Saylor….
Continue reading on https://decrypt.co/66190/microstrategy-board-of-directors-now-paid-in-bitcoin
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Goldman Sachs CEO David Solomon foresees “big evolution” coming to cryptocurrency regulation as demand for bitcoin from clients continues to rise. He says that Goldman will “continue to find ways to serve our clients as we move forward.” Crypto Regulation Will Experience ‘Big Evolution,’ Says Goldman Sachs’ Chief David Solomon, the CEO of global investment […]…
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HSBC has reportedly changed its policy regarding cryptocurrency. The bank now prohibits customers from buying the stock of public companies that hold bitcoin, like Microstrategy. All of the companies with bitcoin treasuries could be on the chopping block at HSBC. HSBC Now Bars Clients From Buying Crypto and Crypto-Related Stocks Like Microstrategy British bank HSBC […]…
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