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Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Recent from Bloomberg Technology:
Bloomberg Technology published this video item, entitled “Regulation Will Have Positive Impact on Cryptos: BlockFi CEO” – below is their description.
Jun.10 — BlockFi Inc. founder and CEO Zac Prince says having regulation will be beneficial for the cryptocurrency sector as well as for BlockFi’s business. He says people should not forget that the digital asset has “generated substantial wealth for millions of Americans” amidst a wave of rising skepticism. BlockFi is launching a bundled financing and trading platform for institutional and high-net-worth clients to gain more exposure to crypto. Prince speaks with Emily Chang on “Bloomberg Technology.”Bloomberg Technology YouTube Channel
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In This Story: Cryptocurrency
A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.
Bitcoin is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created.