Tag: financial risk

Swiss Bank's Bitcoin Gamble: Genius Move or Crypto Catastrophe?

Swiss Bank's Bitcoin Gamble: Genius Move or Crypto Catastrophe?

Switzerland. Neutrality. Precision. Banking. Each of these terms conjures up notions of soundness, prudence, and a country in the center of the world’s financial universe. Now, imagine adding another word to that list: Bitcoin.That said, the possibility of the Swiss National Bank (SNB) owning Bitcoin is certainly exciting. Even if...

Cantor's Crypto Gamble: Will Main Street Investors Pay the Price?

Cantor's Crypto Gamble: Will Main Street Investors Pay the Price?

Cantor Fitzgerald, a name synonymous with Wall Street savvy, is reportedly diving headfirst into the crypto ocean with a $3 billion venture called 21 Capital. Brandon Lutnick is carrying this torch shortly after his father was named Commerce Secretary. This legislative move is an attempt to capitalize on what may...