The adoption of blockchain technology and cryptocurrency into the mainstream financial sector received a major boost as the CFA Institute added them to its curriculum starting from the 2019 academic year. Bitcoin, blockchain, and cryptocurrencies burst onto the global scene in 2008 with the online publishing of a whitepaper written under the pseudonym of Satoshi Nakamoto, spelling out a vision of a new way to transfer value over the internet. In the aftermath of its launch, just like any other disruptive technology, the crypto asset market has experienced all the classic phrases such as massive bull runs and crushing pullbacks, fear, uncertainty, doubt, and FOMO (fear of missing out), and everything on the spectrum. One thing that is for sure, though, is that crypto is going nowhere, and many of the world’s biggest investors and financial institutions are getting involved. The CFA: Financial Terms Revised The Chartered Financial Analyst (CFA) Institute, formerly known as the Association for Investment Management and Research (AIMR), is an international organization that provides investment professionals with education, a prescribed code of ethics, as well as several certifications programs. The primary mandate of the CFA is to spell out and maintain a high standard of ethics, education, and professional excellence for the investment industry. Its membership consists of persons who hold the chartered financial analyst (CFA) des...
$285 Million in Bitcoin Shorts Wiped Out
