Soros Fund Management, the asset management company founded by billionaire investor and philanthropist George Soros, has revealed that it owns bitcoin.
The family office owns "some coins … but not a lot," Dawn Fitzpatrick, CEO and chief investment officer of Soros Fund Management, said in an interview at a Bloomberg event this week.
Hungarian-born US investor and philanthropist George Soros delivers a speech on the sideline of the World Economic Forum annual meeting, on January 24, 2019 in Davos, eastern Switzerland.Soros Fund Management, the asset management company founded by billionaire investor and philanthropist George Soros, has revealed that it owns the cryptocurrency bitcoin.
Fitzpatrick went on to explain how cryptocurrencies now have a market value of over $2 trillion, with over 200 million users. U.S. regulatory fears have eased this week after both Treasury Secretary Janet Yellen and SEC Chair Gary Gensler said they have no plans to impose restrictions on cryptocurrency trading.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin soars past $55,000 on George Soros fund endorsementThe price of the world's most valuable cryptocurrency spiked nearly 10% Wednesday morning to around $55,000, following news that the investment firm founded by billionaire George Soros owns bitcoin.
Read more »
Derek Chauvin ineligible for public defender as he appeals George Floyd murder conviction, court rulesThe Minnesota Supreme Court has denied former Minneapolis police Officer Derek Chauvin’s request to have a public defender represent him as he appeals his murder conviction and sentence in the death of George Floyd.
Read more »
Amal Clooney, 43, Flashes Her Abs In An Elegant Cutout Dress With GeorgeIt was their first red carpet appearance in more than two years!!
Read more »
Parole board asks Texas governor to pardon George Floyd in 2004 drug bustA request to grant George Floyd a full posthumous pardon is headed to Texas Gov. Greg Abbott's desk after a public defender alleged Floyd was framed in a 2004 drug bust by a former Houston police detective now indicted on murder charges.
Read more »
George Clooney won't let wife Amal watch this movie of hisClooney has a low opinion of the film.
Read more »
George and Amal Clooney Return to the Red Carpet at The Tender Bar PremiereThe couple arrived at the event for George’s latest directorial effort in coordinated looks.
Read more »