Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Mutual fund giant Capital Group's holdings in Bitcoin-related stocks have increased to over $6 billion.
2hours ago

Odaily Planet Daily reports that Capital Group, a 94-year-old mutual fund giant known for its conservative investing style, has seen its holdings in Bitcoin-related stocks grow from $1 billion to over $6 billion. According to the Wall Street Journal, Mark Casey, a portfolio manager with 25 years of experience at Capital Group, led the firm's foray into Bitcoin. Casey, who cited Benjamin Graham and Warren Buffett as influences of his investing style, has become a Bitcoin advocate. (Cointelegraph)