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.
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.
’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.