Warren Buffett has always been cautious about cryptocurrencies. At the 2018 Berkshire Hathaway shareholders meeting, Buffett said that Bitcoin might be "an upgraded version of rat poison."
JinseFinanceThe report, commissioned by OKX, shows that more institutional investors are researching new digital assets and plan to include them in their portfolios.
JinseFinanceCryptocurrency ownership in the US declined in 2023, with only 7% of adults using or owning crypto, down from 10% in 2022. The drop is likely attributed to factors such as fear of missing out (FOMO), lack of understanding of blockchain technology, and volatile market conditions.
WeatherlyChinese workers resistant to digital yuan, convert to cash due to privacy fears and limited usability. Concerns over surveillance prompt preference for traditional cash. Limited use cases and lack of interest accrual deter holding digital yuan. Government data shows transactions but privacy improvements needed for wider adoption. Balancing privacy and security crucial; incentives and promotions aim to boost acceptance.
Huang BoTokenized commodities include energy, agricultural products, precious metals and other tangible items and are digital representations of real-world assets.
JinseFinanceNew Zealand's central bank consults public on potential digital currency, exploring design options and economic impact.
Cheng YuanJapan's SBI Holdings and Saudi Aramco have forged a strategic alliance, encompassing joint digital asset investments, support for Japanese startups, and collaborative ventures in semiconductor projects. SBI plans Middle East expansion in Riyadh.
BerniceWealth managers are being advised to prioritize education and advice after a new survey reveals that most of the world's wealthiest individuals are invested in digital assets.
CointelegraphAfter reducing its holdings of LTC and BCH, Grayscale’s GDLC fund now includes Solana and Uniswap, accounting for 3.24% and 1.06% respectively.
CointelegraphThe firm claims to have settled nearly 1,000 trillion euros worth of securities transactions last year.
Cointelegraph