Image: George Soros

Soros said to consider cryptocurrency wagers

George Soros, the man who took down the Bank of England, is contemplating a bet on cryptocurrencies, according to a report from Bloomberg.

The report indicates that an employee of Soros’s hedge fund was given internal approval to trade virtual coins, like bitcoin BTCUSD, +0.12% but hasn’t yet made any investments.

The fund already has indirect exposure to the virtual-currency sector through its holding of Overstock.com shares OSTK, +0.91% which announced in September of 2017 that its subsidiary tZero is launching an Alternative Trading System for the trading of security tokens that are issued in an initial coin offering, also known as ICOs.

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