“Completely False And Inaccurate,” Says Saudi Aramco About Bitcoin Mining Rumors

On Monday, Oil giant Saudi Aramco, which has a market cap of $1.86 trillion, denied reports of it planning to begin Bitcoin mining. The rumors were first sparked by Brazilian bitcoin miner Ray Nasser who reportedly said in an interview that he is “negotiating with Aramco,” which has enough flared gas to power half of […] The post “Completely False And Inaccurate,” Says Saudi Aramco About Bitcoin Mining Rumors first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-2 19:14

$60 Billion Fund Manager Allows Access to Bitcoin Through A Mutual Fund Investment

Maryland-based ProFunds, a mutual fund management company with $60 billion in assets under management (AUM) is introducing a new way to invest in Bitcoin without actually buying the crypto asset. A premier provider of mutual funds with more than 100 funds, ProFunds is launching what it says is the first publicly available US mutual fund […] The post Billion Fund Manager Allows Access to Bitcoin Through A Mutual Fund Investment first appeared on BitcoinExchangeGuide. äàëüøå »

2021-7-30 19:42

JPMorgan Wealth CEO says A Lot of its Clients See Bitcoin as an Asset Class and ‘Want to Invest’

J.P. Morgan Asset & Wealth Management CEO Mary Callahan Erdoes says most of its clients see digital currencies as an asset class. In an interview with Bloomberg when asked if their clients want to invest in cryptocurrency, do they suggest against it or help them out with it, Erodes said it is their job to […] The post JPMorgan Wealth CEO says A Lot of its Clients See Bitcoin as an Asset Class and ‘Want to Invest’ first appeared on BitcoinExchangeGuide. äàëüøå »

2021-7-22 20:01

Paraguay’s Proposed Bitcoin Bill to Regulate Cryptocurrency Trading and Mining

After El Salvador, Paraguay is taking essential steps towards regulating cryptocurrency by introducing a new bill developed by Congressman Carlos Rejala and Senator Fernando Silva Facetti. While Rejala’s party only holds two seats in Congress, Facetti is a leader in one of the main opposition parties in the country, the Authentic Radical Liberal Party, which […] The post Paraguay’s Proposed Bitcoin Bill to Regulate Cryptocurrency Trading and Mining first appeared on BitcoinExchangeGuide. äàëüøå »

2021-7-15 19:34

El Salvador’s Law Making Bitcoin Legal Tender to Take Effect in September, Paraguay to Follow

El Salvador’s President Nayib Bukele said in a national address that a recently passed law making bitcoin legal tender would take effect on September 7, noting that its use will be optional. The countries’ Congress has already approved the proposal to embrace the cryptocurrency with a supermajority, making El Salvador the first country in the […] The post El Salvador’s Law Making Bitcoin Legal Tender to Take Effect in September, Paraguay to Follow first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-25 15:56