Fidelity is launching Fidelity Digital Asset Services, taking a big step into cryptocurrency. If done well, it may just help change the trust issue among institutions. Part of the problem when it comes to cryptocurrency investing is how to prevent them from being hacked. The other problem is that as of June 2018, $1.6 … Continue reading “Fidelity Makes it Easier for Hedge Funds to Trade Cryptocurrencies”
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Four Key Reasons Institutions aren’t Investing in Cryptocurrency Yet
Cryptocurrency trust is a stumbling block for institutions. After all, holding virtual currencies in an exchange on the other side of the world can often be risky. That’s especially true with constant reports of hacked exchanges. There’s some hope that can be overcome, especially if Goldman Sachs pushes forward with crypto custody plans. That means … Continue reading “Four Key Reasons Institutions aren’t Investing in Cryptocurrency Yet”