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Big Bank Financial Inclusion Myth
Big banks jump on the latest trends with the term “financial inclusion” for the masses. But, is financial inclusion from big banks a myth? Recent news from Wells Fargo shows quite the opposite of inclusion from Wells Fargo by eliminating revolving lines of credit of users borrowing $3,000 to $100,000. Although this is financial exclusion,…
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The Importance of Crypto in Portfolios
We are now seeing how important crypto is within portfolios. Being a non-correlated asset, crypto investment vehicles are being created by major financial institutions. Guggenheim is registering with the SEC a new fund for financial advisors and asset managers. Cryptocurrency, Digital Assets, or Virtual Currency Investments. The Fund may seek investment exposure to cryptocurrency (notably,…
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A Tale of Three Crypto Coins
The initial coin offering (ICO) train is moving full steam ahead. This train has been building steam for awhile starting with Bitcoin. Bitcoin tested out the use of cryptographically distributed ledgers at a global level. From the bitcoin test, we are now seeing all kinds of different tokens being issued out on crypto ledgers. Along…