Replaying bank currencies, i think were a long way from t t that. So essential not too concerned about central barracks no long or Digital Currencies you know, facebook has made i believe quite broad rounds around the world with regulators, supervisors, and lots of people to discuss their plans. That certainty includes us, and its something were looking at. We immediate with a brought range of and there is just a tremendous amount of innovation going out out there. There is pour tenchally benefits, also potentially ricks. So i would echo what Governor Carney said, which is that we will wind up having quite High Expectations from saved and soundness and regulatory standpoint if they do decide to go forward with something. You know, we dont have Plenary Authority over cryptocurrency sits as such. They play through our world through Consumer Protection and money laundering, things like that but through international forums, you know, we have significant input into the payment system, and
Jeremy hunt will stay on after refusing a new role. The education secretary resigned. Global news 24 hours a day powered by more than 2700 journalists and analysts. Im a Alisa Parenti and this is bloomberg. Emily im emily chang and this is Bloomberg Technology. Coming up, gopro takes a dive. We speak with ceo Nicholas Woodman after the Company Slashes jobs. Cryptocurrencies opsware rocky start in 2018. Bitcoin slumping as much as 27 , helping drag and smaller rivals. Dissenting on las vegas for the Consumer Electronics show where driverless and electric cars are dominating the buzz. , our lead. Gopro missed its fourthquarter sales guide and signaling revamped cameras and price increases are not sparking revenue growth. Shares tumbled more than 10 , its worst performance in a year. Gopro ceo Nicholas Woodman spoke to selina wang and denied earlier reports that they hired jpmorgan for a potential sale. Take a listen. Nicholas jpmorgan is in fact our banker, but we have not engaged them t
Spacex says only that the falcon nine booster rocket performed phenomenally. The second stage of the rocket failed and the satellite was lost. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Ets take a look at the market australia closing out tuesdays session at a fresh decade high. India looking quite good as well. Not as many gains on the shanghai, about. 1 . This is bloomberg. Emily im emily chang and this is bloomberg technology. Coming up, gopro takes a dive. We speak with Ceo Nick Woodman after the company cuts its forecast and slashes jobs. Cryptocurrencies opsware rocky start in 2018. Bitcoin slumping as much as 27 , helping drag down smaller rivals. Tech firms are dissenting on las vegas for the Consumer Electronics show where driverless and electric cars are dominating the buzz. First, our lead. Gopro missed its fourthquarter sales guide and signaling that revamped cameras and price increases are no
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For market participants pivoting toward ESG and digital assets, weighing the issues at the crossroads of these two megatrends is critical.
The huge rise in popularity of Bitcoin and the growing interest by mainstream financial institutions in virtual assets as an investable and tradable asset class has shone a light on the cryptocurrency industry’s environmental, social, and governance (ESG) performance.
The vast majority of the world’s financial institutions manage climate risk and other ESG risks in their own portfolios. As a result, many financial institutions perform related diligence on corporates they look to service, whether by traditional lending, capital markets underwriting, or direct investment. While the focus has primarily been on the ESG performance of cryptocurrency miners (given their role in the creation of cryptocurrencies and the energy requirements associated with that process), the ESG perfor