Search Results for: currency market
Here’s why the crackdown on bitcoin in China is ‘not a real problem’ for the digital currency
September 20th, 2017
The cryptocurrency market appears to be unconcerned about a Chinese crackdown on bitcoin, the largest digital coin by market cap. On Thursday reports that Chinese regulators would require exchanges to shut down bitcoin trading triggered a sell-off of nearly ...
South Africa’s Second Largest Supermarket Chain Pick n Pay Trials Bitcoin Payments
September 18th, 2017
A major supermarket chain in South Africa, Pick n Pay, has started a trial to accept bitcoin payments in-store at its head office location. A payment technology company named Electrum provides the payments platform, with bitcoin exchange Luno providing ...
Blockchain firms in $1.3b virtual currency battle
September 12th, 2017
Two of the world’s largest blockchain developers are battling over more than US$1 billion (S$1.3 billion) in virtual currency options, in a dispute that may help establish the leading player in providing new payment technologies to financial companies. R3, ...
China is starting to roll back measures meant to prop up its currency
September 11th, 2017
China is starting to roll back measures meant to prop up its currency after a recent surge in the yuan erased all of last year’s losses. Starting today, the central bank has scrapped a reserve requirement rule on trades ...
Canada’s first registration of an investment fund manager dedicated to cryptocurrency investments
September 8th, 2017
The British Columbia Securities Commission (BCSC) announced the first registration of an investment fund manager in Canada solely dedicated to cryptocurrency investments. The BCSC has granted First Block Capital Inc. registration as an investment fund manager and an exempt ...
Cryptocurrency Transactions Could Surpass $1 Trillion This Year
September 6th, 2017
The value of cryptocurrency transactions is forecast to surpass $1 trillion this year, which is 15 times the level reached in 2016. That’s according to a new study from Juniper Research called The Future of Blockchain: Key Vertical Opportunities ...
U.S. stock futures and Asian share markets tumbled; Yen jumped
August 29th, 2017
U.S. stock futures and Asian share markets tumbled on Tuesday, while the yen jumped to four-month highs against the dollar after North Korea fired a missile over northern Japan, fuelling worries of fresh tension between Washington and Pyongyang. S&P ...
How Bitcoin is making waves in the luxury market
August 28th, 2017
When Bitcoin and a subsequent raft of cryptocurrencies first landed in the early part of the decade, many people — including noted economists and finance experts — dismissed them as a fad. These new forms of digital money were ...
An early review of the main moves in markets: Yen advanced, U.S. equity futures fell
August 28th, 2017
Asian stocks fluctuated and U.S. equity futures fell as investors weighed the damage from Tropical Storm Harvey on U.S. oil refining centers. The greenback maintained losses after Federal Reserve Chair Janet Yellen failed to provide clues on monetary-policy tightening. ...
Bitcoin, Digital Currency and AML/CFT eKYC via Paydentity™
August 18th, 2017
Highlights • iSignthis welcomes Justice Minister’s statement to include digital currency exchange sector into Australian Anti Money Laundering (AML) regulations • iSignthis Paydentity service already providing identity verification eKYC and processing services to US and EU companies, including Coinify.com ...
