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Fidelity Digital to Accept Bitcoin as Collateral for Cash Loans


Fidelity Digital says it will allow institutional customers to pledge bitcoin as collateral against cash loans in partnership with Blockfi. The firm’s decision helps bitcoin investors turn their digital holdings into cash without selling. Fidelity’s targeted clients include hedge funds...

Crypto Can Disrupt Legacy Finance And Add Another Layer On It - Panel


Blockchain and cryptocurrencies have the potential to disrupt the financial status quo, but they can also reform the existing legacy financial services such as banks and insurance companies by adding an additional tech layer on top of their activities, according to the participants of a panel...

German Bank to Launch Bitcoin Investment Fund in January


German private bank Hauck & Aufhäuser says it will launch a crypto investment fund in January next year, allowing institutional and semi-institutional investors to invest in digital assets including, bitcoin, ether, and stellar. ● According to a report on Fundview,...

Unbanked Hong Kong Chief Carrie Lam: “I Have Piles of Cash at Home”


Hong Kong Chief Executive Carrie Lam says she is currently unbanked and keeps piles of cash stashed at her home courtesy of US sanctions. Alongside 14 Chinese and Hong Kong officials, Lam has been slapped with punitive measures that effectively cut her off from the banking system. The US government...

Cryptocurrency Indexes Are Set to Launch in 2021 by S&P Dow Jones Indices


S&P Dow Jones Indices has made it official: they will launch cryptocurrency indexes in 2021, becoming the latest major finance company to make its inception into the digital asset industry. More than 550 of the top traded coins to be included in the indexes As Reuters reported initially...

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