Marshall Islands officially recognizes DAOs as legal entities

Warren Buffett's Berkshire Hathaway has dropped a portion of his Visa and MasterCard holdings and increased exposure to Nubank, Brazil's largest fintech bank, which is also popular with the country's bitcoin investors.

In a securities filed as late as February 14, the industry body revealed that it had bought ??? 1 billion worth of Newbank Class A stock in Q4 / 2021. On the other hand, it sold ??? 1.8 billion and $ 1.3 billion worth of Visa and MasterCard stocks, respectively, indicating a move away from credit companies to gain exposure among their fintech competitors.

Buffett, the so-called Oracle of Omaha, is known for his cautious approach to investing, especially in the most popular sectors of the market, such as Fintech. Experienced investors have also downplayed emerging decentralized financial solutions like Bitcoin (BTC), ridiculing it as an asset that does not create anything.