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Author: Assad Jafri

Vanguard says Bitcoin is “immature asset class”

Vanguard decided not to offer clients access to Bitcoin ETFs because the flagship cryptocurrency is an “immature asset class” that does not align with its company philosophy, according to the firm’s executives. Vanguard Global Head of ETF Capital Markets and Broker and Index Relations Janel Jackson made the statement during a QA session…

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Strike CEO calls Ethereum ‘tech play,’ says Bitcoin solves the ‘biggest financial problem’ of our time

Strike founder Jack Mallers recently expressed his firm belief in Bitcoin’s potential to solve what he describes as “the biggest financial problem ever” — central banking and the global debt crisis. Mallers made the statement during an interview with Yahoo Finance on Jan. 24, where he highlighted Bitcoin in relation to government debt by focusing

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Morgan Stanley believes Bitcoin, CBDCs have the potential to ‘de-dollarize’ the world

Wall Street giant Morgan Stanley believes the rise of Central Bank Digital Currencies (CBDCs) and digital assets like Bitcoin and stablecoins could potentially disrupt the U.S. dollar’s longstanding dominance in the global economy. The lender made the analysis in a recent report titled “Digital (De)Dollarization?” — which highlights the disproportionate influence of the U.S…

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