Cryptocurrencies Could be Used in Fund Portfolios

Government taskforce backing of crypto-assets could see them included in investment portfolios

Holly Black 20 November, 2019 | 9:39AM

bitcoin

A government taskforce has indicated that fund managers may soon be able to use cryptocurrencies such as Bitcoin in their portfolios.

The UK Jurisdiction Taskforce of the LawTech Delivery Panel has backed the use of so-called digital assets, saying they are legally equivalent to property.

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Holly Black  is Senior Editor, Morningstar.co.uk

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