Blackrock CEO says crypto ‘may become a great asset class’ but is no substitute for currency

Despite the successful rollout of Coinbase’s stock on Wednesday, Blackrock CEO Larry Fink still expressed some concerns over the institutional adoption of crypto. In an interview with CNBC’s Squawk Box on Thursday, Fink said he was “encouraged by how many people were focusing” on crypto and the narrative surrounding it, but he seemed to imply his views were largely unchanged in the wake of a major cryptocurrency exchange going public.  “[Crypto] may become a great asset class, and I do believe this could become a great asset class,” said Fink. “I…

Announcing the GDAX Digital Asset Framework – The Coinbase Blog

We are excited to release the GDAX Digital Asset Framework. We believe the number of digital currencies and tokens will continue growing and contribute to creating an open financial system. To support this growth, GDAX will add assets which align with this framework and promote our mission of creating an open financial system for the world. The digital asset ecosystem has experienced significant growth over the last year. Since January 1, 2017, the total market capitalization of all digital assets has increased nearly 10x to reach a current valuation of…

Warren Buffett: Bitcoin Is An Asset That Creates Nothing | CNBC

Berkshire Hathaway CEO Warren Buffett speaks to CNBC’s Becky Quick about what he thinks about bitcoin and the cryptocurrency markets. For more of Warren Buffett’s wit and wisdom visit https://Buffett.CNBC.com » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC…

CoinDesk Director Of Research On Bitcoin: Mining A New Asset Class | CNBC

Nolan Bauerle, CoinDesk director of research, discusses bitcoin’s momentum, cryptocurrency investing and the keys to digital security. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC CoinDesk…

Crypto Evangelist: Bitcoin – Like Every Asset – Is A Confidence Game | CNBC

Discussing the rally in bitcoin and what investors really need to know about the cryptocurrency space with Lou Kerner, Flight Ventures partner. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC…