Remove Bitcoin Remove Management Remove Marketing Remove Technology
article thumbnail

U.S. Regulations to Consider When Managing a Cryptocurrency Fund

Perficient

However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. New York’s BitLicense requirement therefore applies to investment managers who issue digital coins or otherwise act as an exchange platform regardless of where the buyers are located.

article thumbnail

How Are Leading Financial Institutions Navigating the Cryptocurrency Market? 4 Highlights From 2021

Perficient

Cryptocurrencies, such as Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Polkadot, and many more, are taking the investment world by storm. According to CoinGecko, the cryptocurrency market is worth more than $2.35 Although this market seems promising, the potential for big gains does not come without hefty risk.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bitcoin Daily: India Mulls Banning All Private Cryptocurrencies; Kraken, Coinbase Report Outages From Market Volatility

PYMNTS

In that case, the report says private cryptocurrencies would be banned in India, though exceptions would be allowed “to promote the underlying technology of cryptocurrency and its uses.”. The bitcoin fund for Ninepoint, which started trading Wednesday (Jan. The bitcoin fund for Ninepoint, which started trading Wednesday (Jan.

article thumbnail

What happened to the bitcoin bubble?

Chris Skinner

I was interviewed by UBS’s wealth management team a month ago, when the bitcoin bubble was in full bloom. That is the contention of Chris Skinner, Chairman of The Financial Services Club, author of thefinanser.com blog and one of Financial News’ ‘FinTech 40’ most influential people in financial technology.

Bitcoin 318
article thumbnail

Afghanistan Turns To Bitcoin To Boost Economy

PYMNTS

Afghanistan is looking to boost its ailing economy with bitcoin. Sediq explained that bitcoin could be used with a form of metals future, such as lithium, adding that the value of Afghanistan’s mineral reserves is estimated at more than $3 trillion. In the meantime, Afghanistan isn’t the only country looking into bitcoin.

Bitcoin 204
article thumbnail

Bitcoin Daily: Bitcoin ATM Installations Approach 10K Globally; Homeland Security Runs Contest For Digital Wallet Development

PYMNTS

After that time, they purportedly stole ether, bitcoin and NEO to the tune of $20 million. In separate news, the overall count of bitcoin automated teller machines (ATMs) approached 10,000 at the beginning of September, aksjebloggen.com reported. But they have grown in popularity in markets that are not stable.

Bitcoin 178
article thumbnail

Diwali Lights Up Bitcoin

PYMNTS

It’s not yet the holidays, but it’s almost Diwali, the Hindu festival of lights, a fitting theme for today’s bitcoin news. And bitcoin purveyors and exchangers are eyeing an emerging eCommerce market in India that might offer the right components for traction. So, what’s going on with bitcoin in light of Diwali?

Bitcoin 249