Search Results for: crypto currency
EU clamps down on bitcoin, anonymous payments to curb terrorism funding
November 19th, 2015
European Union countries plan a crackdown on virtual currencies and anonymous payments made online and via pre-paid cards in a bid to tackle terrorism financing after the Paris attacks, a draft document seen by Reuters said. EU interior and ...
Bank of Canada: Bitcoin Could Create ‘New Monetary Order’
November 17th, 2015
Central banks would “struggle” to implement monetary policy in a world where digital currencies are more widely used, a senior official from the Bank of Canada said in a speech last week. During an appearance at the Rotman School of Management ...
Bitcoin has no future, says UBS chairman Axel Weber at Bank of England’s Open Forum
November 13th, 2015
The chairman of investment bank UBS, Axel Weber, has played down the potential of crypto-currencies such as Bitcoin. During a discussion at the Bank of England’s Open Forum, he said private currencies will fail to take off “because there ...
Bitcoin Has Come Crashing Back to Earth
November 12th, 2015
Bitcoin‘s recent rally has reversed in a major way. While the virtual currency is still about 20 percent higher than it was a month ago, it has fallen sharply in recent days. Searching for reasons behind bitcoin’s price movements often feels like an ...
HSBC says the blockchain could be used for ‘helicopter money’
November 10th, 2015
Plenty of investment banks have been expressing an interest in the blockchain. It’s the underlying technology that allows cryptocurrencies like bitcoin to exist. The blockchain a sort of ledger that tracks transactions without an intermediary like a bank, and it’s ...
JP Morgan CEO sees Bitcoin as a waste of time: Video
November 9th, 2015
Bitcoin skeptic Jamie Dimon, CEO of JPMorgan has once again spoken about the decentralized cryptocurrency, Bitcoin – by dismissing it. He sees potential in blockchain, however. “Separate currency from blockchain,” Dimon said, speaking at the Fortune Global Forum. “My belief ...
CFTC Releases Annual Enforcement Results for Fiscal Year 2015
November 9th, 2015
Agency Filed 69 Enforcement Cases and Achieved a Record $3.14 Billion in Civil Monetary Penalties Ordered The U.S. Commodity Futures Trading Commission (CFTC) today released the agency’s enforcement results for fiscal year (FY) 2015, which included a record $3.144 ...
Bitcoin Price Goes Beyond $400: How High Will it Go?
November 6th, 2015
The price of bitcoin has shot up again! The steady increase of everyone’s favorite digital currency doesn’t appear to be a fluke. Bitcoin has been on the move practically every week over the last month. Now, in just a matter ...
Bitcoin’s price jumps more than 70% in one month
November 4th, 2015
Bitcoin, the world’s most popular digital currency, has been on a roll — but no one is really sure why. After dipping well below $200 in January, bitcoin traded at more than $410 Tuesday afternoon before cutting some of ...
How Payment Giants Are Embracing Bitcoin and Blockchain Tech
October 30th, 2015
MasterCard‘s participation in Digital Currency Group’s undisclosed funding round sent ripples of excitement across the crypto-sphere earlier this week. While this is MasterCard’s first crypto-related investment, the multinational corporation is not the first mainstream finance company to dip its toe in ...
