America’s financial powerhouse is starkly divided along Bitcoin lines as famous banks and institutions pick sides.
‘It’s obviously highly speculative but it’s not something that’s inherently bad.’
It might seem that lately, the world of high-finance want nothing more than to drop a proverbial load all over Bitcoin but CEO of leading global financial services firm Morgan Stanley, James Gorman, offered words to support the contrary on Wednesday. Speaking at a conference hosted by The Wall Street Journal, he said he considered Bitcoin […]
Morgan Stanley CEO James Gorman thinks that bitcoin is more than a “fad”, according to new statements.
Former US Chairman of the Federal Reserve has been invited to be the keynote speaker at a Blockchain conference.
Those in the investment know are looking to hedge their bets on Bitcoin as Harvard money manager delves into cryptocurrency.
According to bitcoin analyst and researcher Tuur Demeester, the former CEO of Morgan Stanley — the $89 billion U.S.-based bank — is seeking to raise over US$950 million in an initial coin offering (ICO), merely a few days after prominent boxer Floyd Mayweather raised over US$30 million in an ICO he sponsored. ICO Second Wind? […]
From former bank CEOs to traders, more and more enter the digital currency market in one form or another. Regulation is seemingly around the corner as the Wild West days ar…
Ex-Morgan Stanley CEO has already been investing in cryptocurrency for his own benefit over the last several years, now seeks to bring new investors into the market …
Investment bank Morgan Stanley recently came out with a report suggesting bitcoin acceptance has dropped to “virtually zero and shrinking.” The report was created by the investment bank’s internal analyst team, which was headed by James E Faucette. Also read: BTCC Founder Bobby Lee Says Cryptocurrencies Need Regulation A Yahoo Financial article elaborated, saying, “According to […]
Nick Ayton our London Correspondent aka the ‘Sage of Shoreditch’ having just completed his own ICO 21Million looks at the phenomenon of why the US is rapidly becoming a ‘no go’ area for ICOs.
$82 billion banking giant Morgan Stanley and leading financial institution Bank of New York Mellon (BNY Mellon) are utilizing blockchain technology-based platforms to maint…
A top German banker, Jens Weidmann, commented Wednesday that digital currencies like bitcoin could cause a financial catastrophe. The banker alluded to the idea digital currencies are unstable and prone to violent fluctuations on the market. Weidmann said for people to expect banks to adopt digital currencies so the average citizen begin to have faith in […]
The Securities and Exchange Commission is looking hard at Initial Coin Offerings. This information comes after SEC recently piped up, saying ICO’s need to protect their investors. The regulation agency may be getting more aggressive because cryptocurrencies are growing more visible and valuable. Regulators are especially concerned with “ICO’s. The reason is they lack transparency and oversight. Also read: Remitano Expands Bitcoin Remittance Services […]
In a move that’s certain to irk Bitcoin community, Morgan Stanley came out with a statement calling for greater governmental regulation.