The U.S. Department of the Treasury issues its FinTech report as bitcoin gains institutional momentum. Given all the attention to cryptoasset trading over the past two weeks, it's a bit strange that the U.S. Department of the Treasury makes no mention of it in its long-awaited FinTech report (PDF). Yet bitcoin was designed and is used as a cryptocurrency, and Treasury and its … [Read more...] about Treasury and Bitcoin
Cryptofinance
Crypto Currents 08-13-2018
Momentum to make crypto-assets safe for institutional investors grew with two announcements over the last two weeks. First, Northern Trust, one of the more conservative financial institutions and asset managers, told Forbes on July 31 that it plans to "pave the way for cryptocurrency hedge funds" and expand its blockchain initiatives. "While Northern Trust Hedge Fund Services … [Read more...] about Crypto Currents 08-13-2018
Crypto Currents 07-08-2018
Blockchain isn’t a revolution: it’s two big innovations and one promising idea Kevin Werbach provides a tutorial on the three key concepts that tend to be grouped under the word that increases stock prices: blockchain. It isn’t a revolution, he writes, but "two big innovations and one promising idea." The truth is that there isn’t a blockchain phenomenon to be for or … [Read more...] about Crypto Currents 07-08-2018
Crypto Currents 04-27-2018
"Bitcoin is the greatest scam in history," writes Bill Harris, former CEO of Intuit and founding CEO of PayPal and Personal Capital, in ReCode. Tired of telling investors to be careful, he decided to lay out his unvarnished argument: "The losers are ill-informed buyers caught up in the spiral of greed. The result is a massive transfer of wealth from ordinary families to … [Read more...] about Crypto Currents 04-27-2018
Crypto Terms
Volatility in the price of bitcoin and potential scams in crypto fundraising schemes overshadow legitimate ecosystem developments. Speakers and panelists at Day 3 of Money20/20 Asia brought greater clarity to the present and future of the emerging “crypto economy” and its controversial components. In my mind, definitions of the terms are becoming more exact and … [Read more...] about Crypto Terms
FinTank Cryptocon 2018: Launching an ICO
Morning Breakout February 15, 2018 The early hour didn’t bother the diverse audience of professionals attending FinTank’s inaugural Cryptocon 2018.The large classroom quickly filled with participants eager to learn from a recent ICO issuers and trusted advisor service providers relate experiences launching Initial Coin Offerings (ICOs). The message was clear. ICOs are in the … [Read more...] about FinTank Cryptocon 2018: Launching an ICO