Bitcoin

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.

Research from the FPA found a sharp uptick in planners using and recommending digital assets.

Digital asset investors also tend to be more financially literate and experienced, according to data from Hearts & Wallets.

Onramp Invest features integrations with Wealthbox CRM and Advzyon, a partnership with WisdomTree and financial backing from Ritholtz Wealth Management.

The Biden administration is also calling for banks to report on account flows to help boost tax-payment compliance.

How digital capabilities are supporting small business operations amid disruption

As more wealth management companies roll out cryptocurrency resources for advisors, here’s what’s still holding some planners back.

Early comments from Chairman Gary Gensler have thrown cold water on speculation that the regulator would quickly approve a crypto fund.

Even as Bitcoin and other digital currencies increasingly gain acceptance across Wall Street, the robo advisor is still doing its research.

The actively managed offering will be available as soon as this summer, according to sources familiar with the plans.

While its investment strategy may be relatively immovable, the Austin, Texas-based firm has accepted that its approach may need to move with the times.