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More companies are beginning to add services for cryptocurrencies, although the asset class remains lightly regulated.

(Feb 15): Signs of a widening embrace across the financial services industry sent Bitcoin to new heights, with the cryptocurrency closing in on US$50,000 for the first time. A week after Tesla announced its US$1.5 billion investment in Bitcoin, the digital asset has kept making inroads into traditional finance, with the latest being news that an investment unit of Morgan Stanley is considering whether to bet on Bitcoin. And there’s evidence that more companies are beginning to add services fo...

Signs of a widening embrace across the financial services industry sent Bitcoin to new heights, with the cryptocurrency closing in on $50,000 for the first time.

Signs of a widening embrace across the financial services industry sent bitcoin to new heights, with the cryptocurrency closing in on US$50,000 for the first time before falling back. A week after Tesla announced its US$1.5 billion investment in bitcoin, the digital asset continues to make inroads into traditional finance, including news that an investment unit of Morgan Stanley is considering whether to bet on bitcoin. Canada also approved the first North American bitcoin exchange-traded fund. ...

The digital asset continues to make inroads into traditional finance

US Banks on Verge of Accepting Bitcoin as Legitimate Asset Class Feb 13 2021 · 09:50 UTC | Updated Feb 13 2021 · 09:58 by Steve Muchoki · 3 min read Photo: Depositphotos You have successfully joined our subscriber list. A move by US banks to adopt Bitcoin could be a huge call to legitimize the entire crypto industry and is likely to influence other global banks.  As the cryptocurrency market capitalization almost tops $1.5 trillion, US banks are feeling the pressure from within Wall Str...

Ahead of Friday’s trading, Wall Street was tracking for a second straight positive week, in a continuation of February’s strength.

If one of the six biggest U.S. banks decides to embrace bitcoin, it would be a major stamp of legitimacy for the nascent asset class.

News Major U.S. investment bank JPMorgan Chase will eventually have to get involved in Bitcoin (BTC), co-president Daniel Pinto believes. The executive told CNBC Friday that JPMorgan’s decision to introduce Bitcoin services would depend on the client demand to trade Bitcoin. Although the current demand is not strong enough, Pinto is confident that it could grow further: “If over time an asset class develops that is going to be used by different asset managers and investors, we will ...

Kyrklund, Saleh, Canelas Appointed Portuguese Dressage Team Trainers Thu, 02/11/2021 - 08:10 Portugal On 10 February 2021 the Portuguese Equestrian Federation (FEP) presented its new competitive programme and directives for Dressage, announcing the appointment of three new team trainers.  At the 2019 European Dressage Championships in Rotterdam, Portugal achieved the historic feat of having qualified a team for the 2021 Olympic Games. This unprecedented accomplished prompted the need ...