• Fidelity Digital Assets addresses Bitcoin’s critics
    Bitcoin,  Commentary,  Education

    Fidelity Digital Assets addresses Bitcoin’s critics

    With Bitcoin’s price soaring along with mainstream interest from hedge fund legends and PayPal alike, FDA Research Director Ria Bhutoria takes on six main criticisms of the first cryptocurrency

    In a Nov. 13 blog post, Bhutoria said that while the conversation is not new, the rapidly growing interest in the main cryptocurrency by mainstream investors and retail-focused payment processors alike, it’s time for an update.

  • Governments don’t trust crypto
    Bitcoin,  Cryptocurrencies,  Regulation

    Governments, financial firms don’t trust crypto

    A new survey suggests the crypto industry is adamant it can prevent cybercrime and money laundering, but this optimism isn’t shared by governments and financial firms

    “Bridging this gap is essential, as all sectors agree that the use of cryptocurrency is on the rise, but we know there’s no clear consensus on domestic regulatory action," said Kayla Izenman. "This risks opening the door to illicit activities.”