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UK fund firm Ruffer piles $675 million into bitcoin in 'defensive move' -memo - Vimarsana News

UK fund firm Ruffer piles $675 million into bitcoin in 'defensive move' -memo

By Reuters Staff 1 Min Read FILE PHOTO: Representations of Bitcoin and pound banknotes are seen in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration LONDON (Reuters) - UK fund manager Ruffer Investment Management has shifted around $675 million of its clients’ fortunes into bitcoin, an investor memo seen by Reuters shows, in one of the largest signals of rising institutional interest in the digital currency this year. Reporting by Sinead Cruise, Tom Wilson, Anna Irrera

Japanese financial group SBI acquires cryptocurrency trading firm B2C2 - Vimarsana News

Japanese financial group SBI acquires cryptocurrency trading firm B2C2

Japanese financial group SBI acquires cryptocurrency trading firm B2C2 Anna Irrera , By Anna Irrera LONDON (Reuters) - SBI Financial Services, a subsidiary of Japanese group SBI Holdings Inc, has acquired UK-based cryptocurrency trading firm B2C2 and will become the first major financial group to run a digital asset dealing desk, the companies said on Tuesday. Financial terms were not disclosed. Founded in 2015, B2C2 is one of the best-known cryptocurrency trading companies. It helps brokerages, exchanges and fund managers make large trades in virtual co...

S&P Dow Jones Indices to launch cryptocurrency indexes in 2021 - Vimarsana News

S&P Dow Jones Indices to launch cryptocurrency indexes in 2021

3 Min Read LONDON (Reuters) - S&P Dow Jones Indices, a division of financial data provider S&P Global Inc, said on Thursday that it will launch cryptocurrency indices in 2021, making it the latest major finance company to enter the nascent asset class. FILE PHOTO: Illumination of the stock graph is seen on the representations of virtual currency Bitcoin in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic/Illustration/File Photo The S&P DJI-branded products will use data from New York-based virtual currency company Lukka on more than 550 of the top traded coins, the com...

Cash cards for kids: digital banks race to capture the next generation - Vimarsana News

Cash cards for kids: digital banks race to capture the next generation

6 Min Read LONDON (Reuters) - When John Hibbs’ daughter Xanthe received her first bank card in the mail, the six-year-old spent the next week Googling how to buy a horse. John Hibbs and his daughter Xanthe pose in an undated handout photo obtained by Reuters on November 17, 2020. John Hibbs/Handout via REUTERS Hibbs and his wife Kate had got Xanthe a newly launched children’s debit card from UK digital bank Starling, one of a number of new offerings from fintechs aimed at children and teenagers. “The earlier we can start the learning process of using a card, the earlier she can learn t...