Search Results for: Digital currency
China’s Central Bank Discusses Digital Currency Launch
January 21st, 2016
The People’s Bank of China (PBoC), the country’s central bank, is moving toward the launch of its own digital currency. The PBoC said in a 20th January release that it had held a meeting discussing the possibility in Beijing. Attendees included central bank governor Zhou Xiaochuan and ...
The ‘Bitcoin Island’accept the digital currency for everyday transactions
January 4th, 2016
Bitcoin: How the Isle of Man is leading a cryptocurrency revolution A scattering of businesses on ‘Bitcoin Island’ accept the digital currency for everyday transactions alongside sterling Like most coffee shops, Java Express in Douglas offers its clientele ...
Bitcoin developers to start new digital currency
December 17th, 2015
As the popular digital currency Bitcoin continues to grow, insiders to its development have raised concerns about the deepening centralization of power in the governance of the project and the interests of those who fund it. “Many people may ...
Barcelona to Launch Local Digital Currency, Reports Claim
October 26th, 2015
Barcelona city council is reportedly working to launch its own digital currency in the next six months. According to reports from El Pais, one of Spain’s leading national newspapers, mayor Ada Colau’s government is hoping the digital currency will ...
Digital currency startup Abra raises funds from Ratan Tata, American Express
October 23rd, 2015
The firm also announced entry into the online, digital cash-based merchant payments. Abra’s app will be available to all registered users in the US and Philippines in the coming weeks US-based startup Abra today said Tata Group Chairman Emeritus ...
BoE Chief Economist: Blockchain-based Digital Currency Issued by Central Banks Could Replace Cash
September 29th, 2015
In a talk given at the Portadown Chamber of Commerce in Northern Ireland on September 18, Andrew G Haldane , Chief Economist at the Bank of England (BoE), has hinted at the possibility that the U.K. government might issue a digital currency. Though ...
Russian Firm Plans Local Version of Bitcoin Digital Currency
September 18th, 2015
A leading Russian payment services provider is developing the country’s first virtual currency — the bitruble. If the company, Qiwi, can overcome resistance from Russia’s financial authorities — which fear that cryptocurrencies could be used to launder money and ...
Russian President Vladimir Putin Addresses Digital Currency
July 15th, 2015
Russian President Vladimir Putin has issued his first remarks on bitcoin and digital currencies in an educational forum broadcast on domestic TV network Russia 24. Local news sources including Gazeta, state-operated news agency RIA and TASS are reporting Putin ...
ECUREX Becomes the First Digital Currency Exchange Platform to Be Fully Compliant with the Swiss Banking Act
June 5th, 2015
ECUREX GmbH announced today that it has become the first digital currency exchange platform to be fully compliant with the Swiss Banking Act. After sixteen months of investigation, the Swiss Financial Market Supervisory Authority (FINMA) released on 19 May 2015 ...
NYDFS Announces Final Bitlicense Framework for Regulating Digital Currency Firms
June 4th, 2015
Benjamin M. Lawsky, Superintendent of Financial Services, today announced the release of the New York State Department of Financial Services’ (NYDFS) final BitLicense – the first comprehensive framework for regulating digital currency firms. The BitLicense – which is the ...
