Search Results for: blockchain technology
If you bought $100 of bitcoin 7 years ago, you’d be sitting on $75 million now
May 23rd, 2017
The price of bitcoin hit a fresh record high on Monday nearing $2,200. Monday also marks the seventh anniversary of Bitcoin Pizza Day, which is widely considered to be the first transaction using the cryptocurrency. If you bought $100 ...
Bitcoin is Just $100 Away From Doubling its Price in 2017
May 20th, 2017
The price of bitcoin has hit a new high on the CoinDesk Bitcoin Price Index (BPI), reaching an $1,902 average across global exchanges. While one in a string of new all-time highs the digital currency has so far set ...
U.S. firm to launch sale of digital token for forex trading
May 18th, 2017
Fintech Investment Group, a U.S.-based commodity trading adviser, plans to launch an initial coin offering in June for its own token that allows investors to trade currencies on a digital platform, company founder Alan Friedland said. The new digital ...
Australia will recognize Bitcoin as money and protect Bitcoin businesses, No Taxes
May 12th, 2017
Bitcoin will be treated as money in Australia by July 1, 2017, and will be exempt from goods and services tax (GST). Bitcoin traders and investors will not be taxed for purchasing and selling Bitcoin through regulated exchanges and ...
KPMG acquires Matchi, global fintech innovation and matchmaking platform
May 10th, 2017
KPMG International has announced the acquisition of Matchi, a leading global fintech innovation and matchmaking platform that connects financial institutions, including banks and insurance companies, with leading-edge financial services technology solutions and companies worldwide. The Matchi platform includes more ...
Bitcoin hits $1,600 for the first time
May 9th, 2017
Bitcoin is “fully valued” and could see a pullback in the short term after hitting $1,600 for the first time on Monday, according to one investor, but the price could go as high as $4,000 over the next 14 ...
Bitcoin to gain legal status in India, reports local media
April 21st, 2017
A televised news report from CNBC India on 20th April reveals that the Indian government is leaning toward granting legality to bitcoin and virtual currencies in the country amid regulations with taxes to be levied on adopters. Last week, ...
Nasdaq launches FinTech investment program
April 20th, 2017
Nasdaq (Nasdaq:NDAQ), one of the world’s leading providers of technology and services to the capital markets, announced today the launch of a venture investment program, Nasdaq Ventures, dedicated to discovering, investing in and partnering with unique fintech companies worldwide. The ...
Kim Dotcom’s new Bitcoin venture will pay content uploaders
April 6th, 2017
Internet entrepreneur Kim Dotcom is rolling out a Bitcoin payment system that will allow users to sell their content uploads or charge for live video streaming. The New Zealand-based mogul recently took to YouTube where he announced a new ...
Singapore and Malaysian Law Firms launch Fintech practice
March 30th, 2017
The surge of financial technology into the mainstream in both Singapore and across the border in Malaysia has encouraged two prominent regional law firms to establish dedicated fintech practices. Allen & Gledhill and Rahmat Lim & Partners have jointly ...
