Fidelity Digital Assets news and trends

Bitcoin Daily: ‘The Black Swan’ Author Decries Bitcoin; Identity Thief Who Used Stolen Money To...
Bitcoin // July 13, 2021

Nassim Nicholas Taleb, the author of “The Black Swan” and a probability researcher and former quantitative trader, previously spoke highly of bitcoin. Now, he has criticized it as essentially worthless, CNBC reported. Taleb said in a recent paper that bitcoin has failed to satisfy the...

Bitcoin Daily: Latin American Gangs Use Crypto In Money Laundering, Report Says; Data Shows 13...
Bitcoin // December 09, 2020

Gangs in Latin America are increasingly turning to cryptocurrency to operate illegal trades of drugs, guns, sex and people, Reuters reported. “Both Mexican and Colombian [transnational criminal organizations (TCOs)] are increasing their use of virtual currency because of the anonymity and speed of transactions,” Michael...

Bitcoin Daily: France Bans Anonymous Crypto; Australia Cracks Down On Crypto Drug Trafficking
Bitcoin // March 10, 2019

The Finance Committee in France released a report that calls for the ban of certain cryptocurrencies that enable anonymous transactions. “We must be aware of the problems that [cryptocurrencies] can pose in terms of fraud, tax evasion, money laundering or fraud, or energy consumption,” said...

Quick Reads
Bitcoin Daily: ‘The Black Swan’ Author Decries Bitcoin; Identity Thief Who Used Stolen Money To...

July 13, 2021
Nassim Nicholas Taleb, the author of “The Black Swan” and a probability researcher and former quantitative trader, previously spoke highly of bitcoin. Now, he has criticized it as essentially worthless, CNBC reported. Taleb said in a recent paper that bitcoin has failed to satisfy the qualifications to be seen as a currency without government, a […]

Bitcoin Daily: Latin American Gangs Use Crypto In Money Laundering, Report Says; Data Shows 13...

December 09, 2020
Gangs in Latin America are increasingly turning to cryptocurrency to operate illegal trades of drugs, guns, sex and people, Reuters reported. “Both Mexican and Colombian [transnational criminal organizations (TCOs)] are...