Gold, Bitcoin, or Oil? Goldman Sachs Named The Best-Performing Asset By

© Reuters. – The company, which ended the year down 64% in 2022 due to bankruptcies and other negative developments in the cryptocurrency market, has caught the attention of Goldman Sachs for its performance this month. And at the beginning of 2023, Goldman Sachs described Bitcoin as the best-performing asset in the world, by … Read more

Dubai grants two new virtual asset licenses | Gulf newspaper

Dubai: Anwar Dawood The Dubai Virtual Asset Regulatory Authority (DVARA) granted a Minimum Viable Product (MVP) license to Hex Trust and Comino during November. Hex Trust, a fully licensed, insured provider of digital asset custody and related services, announced that it has obtained a Minimum Viable Product (MVP) license from the Dubai Virtual Asset Regulatory … Read more

Despite the turmoil, asset managers bet on cryptocurrencies

Popular money managers are turning to digital assets, finding new ways to monetize investor interest even as trading volumes and prices for Bitcoin and other cryptocurrencies drop. FTSE 100-listed Aberdeen this week became the latest investment firm to take a crucial step, by buying a stake in the UK-regulated digital asset exchange Archax. The stake … Read more