Fintech

Bitcoin’s backers shaken, not deterred, by virus-fuelled price swings

Welcome to your weekly roundup of the latest developments in financial tech and innovation

Bitcoin’s backers shaken, not deterred, by virus-fuelled price swings

Welcome to The Fintech Files, your weekly roundup from FN’s fintech correspondent Ryan Weeks, keeping you up-to-date with the latest developments in financial tech and innovation.

After seeing the price of bitcoin slashed by 40% in a single day of coronavirus-fuelled volatility on 12 March, one might expect the financial institutions building infrastructure in the nascent asset class to be a bit shaken.

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