Joe Biden's pick to become the new U.S. Treasury Secretary, Janet Yellen, has clarified her stance on bitcoin and cryptocurrencies. This follows her remarks during a Senate hearing when she said that cryptocurrencies are mostly used for illicit financ
American publisher Steve Forbes has attacked bitcoin's fixed supply saying this feature actually curbs the ability of the crypto to "meet the needs of a growing economy." He also argues that bitcoin cannot replace the dollar because it is pres
Massachusetts Mutual Life Insurance Co. is jumping into the institutional bitcoin game with a $100 million investment in bitcoin and a $5 million equity stake in New York Digital Investments Group (NYDIG). The twin plays both revealed in a Thursday press
Payments platform Square has purchased $50 million in bitcoin, buying a total of 4,709 bitcoins, which, according to the company, represents about 1 percent of its total assets as of the end of the second quarter.