Search Results for: Bitcoin exchange
Cryptos may destabilise fiat
November 17th, 2017
The assumption in some quarters is that crypto-currencies will replace gold as money, or at least challenge it. This is an error borne out of a misunderstanding of catallactics, or the theory of exchange. It also ignores the fact ...
Japanese Giant Hitachi Tests Blockchain Tech for 150 Million Member Rewards Program
February 28th, 2017
Hitachi, a major and decades-old Japanese conglomerate and multinational is implementing a blockchain platform onto its popular point management and rewards platform, PointInfinity. Japanese blockchain developer and bitcoin exchange Tech Bureau is providing ‘Mijin’ its private blockchain solution to ...
China to launch its own digital currency
February 24th, 2017
The People’s Bank of China (PBoC) has done trial runs of its prototype cryptocurrency, taking the central bank a step closer to issuing digital money that can be used for all sorts of transactions. If things go according to ...
What’s next for blockchain and cryptocurrency
January 24th, 2017
In May of 2010, someone on a Bitcoin forum by the name of Lazlo claimed to have bought two pizzas for 10,000 bitcoins. It was the first time anyone had purchased anything with the new digital currency, which at ...
PBOC Unveils Plans To Create Blockchain-based RMBCoin
January 23rd, 2017
Even though China is not a big fan of Bitcoin, they see the merit of digital currencies. In fact, the PBOC has been working on RMBCoin, a national digital currency project. By the look of things, RMBCoin will not ...
Uganda Could Be 1st African Country To Regulate Digital Currencies
December 28th, 2016
Some African countries have openly criticized bitcoin use. Others have taken a wait-and-see approach. Bitcoin has enjoyed a rally in 2016 that’s beaten every major currency, stock index and commodity contract, surging 15 percent during Christmas week alone to more than $900, ...
Japanese MegaBank Mizuho Tests its Own Digital Currency
December 8th, 2016
Japanese banking giant Mizuho has tested its digital currency developed in partnership with IBM Japan to reduce costs of money transfers, a report has revealed. The Mizuho Financial Group-IBM partnership announced earlier this year has seen successful testing of ...
Lithuania is looking to attract FinTech companies
December 5th, 2016
Of all the cities lining up to poach London’s business post-Brexit, Vilnius might seem the most unlikely. Yet the Lithuanian capital has much to offer financial firms, from liveability and local talent to cutting-edge fintech regulation. Euromoney visits a ...
Japan set to drop sales tax on buying virtual currency
October 12th, 2016
Japan looks to end sales-tax collection on purchases of virtual currencies in the spring, a move likely to propel the growth of bitcoin and others as alternatives to traditional money. The change would reduce costs for buyers and relieve operators of ...
DLT Financial To Launch Top 10 Cryptocurrency Index
September 8th, 2016
Recently rebranded from Tramonex, DLT Financial is a fintech company that aims to make virtual currencies an enticing asset class for investors. The firm has received a 250,000 GBP ($333,000 USD) grant from the UK government to develop a working prototype of their proposed ...
