Bitcoin

The goal of Flourish Crypto is to help advisors treat digital currencies like any other asset class.

Matthew Hougan, chief investment officer of Bitwise Asset Management, said investing in cryptocurrencies is like “investing in the internet in the late 1990s.”

The firm cited investor appetite for virtual currencies, the growth of Bitcoin holders and the existence of similar funds abroad as reasons to approve the product.

The brokerage will allow customers to buy and sell Bitcoin, Ethereum, Litecoin and Bitcoin Cash.

The bipartisan infrastructure bill includes requirements for brokers to report their customers’ cryptocurrency gains to the Internal Revenue Service, but exactly what constitutes a broker is stirring controversy.

It’s easier than ever to open up a Robinhood or Coinbase account to buy cryptocurrency.

Digital currencies are gaining interest, but there are still many reasons to be cautious.

A legacy insurance institution has entered a placement agent agreement with cryptocurrency platform NYDIG.

David LaValle, former chief executive officer of custom index provider Alerian, will drive the effort to convert the $25 billion Grayscale Bitcoin Trust into an exchange-traded fund.

His embrace of volatile cryptocurrencies for mainstream investors is a major shift from the cautious world of fiduciary advice that’s synonymous with his namesake firm.

While US investors lag Asia and Europe, their perception of cryptocurrencies as an investment class, not a currency, is rising.

For most people, thinking that investing in crypto with retirement money could save on taxes may just wind up jeopardizing their retirement, writes Alexis Leondis.

As demand for cryptocurrency services from institutional investors surges, the asset manager will add about 100 workers to help the business develop new products and expand into additional cryptocurrencies.

The newly formed unit comes just weeks after the CEOs of the six biggest U.S. banks were grilled by Congress over ties to cryptocurrencies.

After China’s crackdown on Bitcoin, some investors are worried. Advisors have ways to ease their concerns.

How technology is enabling new types of payment transmission and what this means for banking.

Building a safer ecosystem: Why transparency, controls, and partnerships will drive next era of financial services.

The Boston trust bank has set up a division called State Street Digital, led by Nadine Chakar, that will help customers invest in cryptocurrencies. It will also develop blockchain and smart contract technology and the ability to tokenize assets.

The potential growth for blockchain means fund managers need to be poised to meet client demand, according to a study by Morgan Stanley.

The co-founder of Edelman Financial Services will now dedicate his energy to his recently launched RIA Digital Assets Council.