Warren Buffett: Cryptocurrency ‘has no value’ – ‘I don’t own any and never will’

Berkshire Hathaway CEO and Chairman Warren Buffett on Monday reaffirmed his aversion to cryptocurrencies. “Cryptocurrencies basically have no value and they don’t produce anything,” he told CNBC’s Becky Quick in a “Squawk Box” interview. “In terms of value: zero.” “I don’t have any…

Investment fund manager 3IQ receives ‘favourable ruling’ from Ontario Securities Commission for bitcoin fund

Canadian investment fund manager 3IQ Corp has announced that it has received “favourable ruling” from the Ontario Securities Commission (OSC) for “The Bitcoin Fund,” a non-redeemable investment fund that is expected to be listed for trading on major Canadian stock exchanges. According…