A small Paris-based asset management firm TOBAM (~ $9 billion of assets under management) announced on 22 November, 2017 that it had launched a bitcoin mutual fund, the first of its kind in Europe. The fund has been approved by France's financial regulator, the Autorite des Marches Financiers (AMF), and is classified as an alternative investment fund. … [Read more...] about French asset management company TOBAM launches bitcoin mutual fund
Bitcoin adoption grows rapidly in Japan
Despite some governments' efforts to play down the importance of cryptocurrencies, Japan legalized bitcoin as a legal payment method in April 2017. There's been a lot of progress since then. … [Read more...] about Bitcoin adoption grows rapidly in Japan
Seasoned investor Novogratz predicts rapid bitcoin adoption by institutional investors
Mike Novogratz, the former hedge fund manager at Fortress Investment Group, believes that institutional investors will adopt bitcoin in about six to eight months. … [Read more...] about Seasoned investor Novogratz predicts rapid bitcoin adoption by institutional investors
Australia is among leaders in bitcoin adoption
Australia has taken a lead among countries that are most open to cryptocurrency adoption. … [Read more...] about Australia is among leaders in bitcoin adoption
Bank of Portugal official does not consider bitcoin as a currency
Helder Rosalino, a member of the board of directors at the Portugeese central bank, told media outlet Economia Online that the Bank of Portugal regards cryptocurrencies, like bitcoin, with caution and concern. … [Read more...] about Bank of Portugal official does not consider bitcoin as a currency
SegWit2x hard fork cancelled
SegWit2x backers have suspended plans for bitcoin hard fork. In the official statement released on November 8, 2017 the team admitted they couldn’t convince enough people in the bitcoin community to make SegWit2x blockchain the new mainstream bitcoin blockchain. … [Read more...] about SegWit2x hard fork cancelled
Indian central bank opposes cryptocurrencies, but positive on blockchain technology
The Reserve Bank of India (RBI) is not likely to allow bitcoin use in the country. … [Read more...] about Indian central bank opposes cryptocurrencies, but positive on blockchain technology
Argentina’s largest futures exchange will add bitcoin derivatives
Mercado de Termino de Rosario, the biggest derivatives exchange in Argentina (aka Rofex), considers adding cryptocurrency services to investors. … [Read more...] about Argentina’s largest futures exchange will add bitcoin derivatives