JPMorgan Chase, the National Bank of Canada, and other banking sector participants have tested the Quorum Blockchain platform with the intent to make the process of issuing financial instruments more efficient, Reuters reports Friday, April 20. Other participants in the April 18 experiment were Goldman Sachs Asset Management, Pfizer Inc, Legg Mason Inc’s Western Asset, and...
George Soros’ Fund is Planning to Trade Cryptocurrencies Like Bitcoin
George Soros’s $26 billion hedge fund is planning to trade cryptocurrencies, Bloomberg reported on Friday, months after the billionaire investor called the virtual currency a bubble. Adam Fisher, who oversees macro investing at the New York-based Soros Fund Management, got internal approval to trade digital assets in the last few...