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Bank of Canada prepares for digital currency if needed

Bank of Canada prepares for digital currency if needed

While Bank of Canada has no plans for issuing a digital currency immediately, it is not ruling out the possibility of launching one due to potential mass adoption of private digital currencies. Speaking at a conference, the deputy governor added that there is a prototype on the way and the Bank plans to consult with a wide range of stakeholders to design a central bank digital currency.

16 hours
Boerse Stuttgart launches inverse Bitcoin ETP

Boerse Stuttgart launches inverse Bitcoin ETP

Germany’s second-largest stock exchange Boerse Stuttgart has added a new inverse Bitcoin Exchange Traded Product (ETP). The product is called 21Shares Short Bitcoin ETP, which allows traders to short Bitcoin.

19 hours
’I don’t own any cryptocurrency. I never will’, says Buffett

’I don’t own any cryptocurrency. I never will’, says Buffett

During a recent interview with CNBC, Warren Buffett rebuked claims that he owns any cryptocurrency. ’I don’t own any cryptocurrency. I never will’, Buffett said. He added that while a recent dinner with TRONC founder Justin Sun and multiple other prominent figures within the blockchain industry was ’very pleasant’, it didn’t change his mind on the topic of crypto.

2 days
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