Search Results for: Bitcoin exchange
Swiss canton to launch its own cryptocurrency
February 21st, 2017
Ticino, the southernmost canton of Switzerland, is planning to issue its own local digital currency for everyday use. Its circulation may be confined to Ticino territory. The future cryptocurrency called ticinocoin (TIC) is a brainchild of computer scientists Claudio ...
Bitfinex’s ‘Hack Credit’ Token Reaches All-Time Price High
February 2nd, 2017
Investors who lost bitcoin in Bitfinex’s high-profile August hack may be feeling more optimistic about the likelihood of recovering their funds. The price of BFX tokens – the digital assets the exchange issued as a way to provide a ‘notional credit’ to users who ...
DFS grants virtual currency license to Coinbase
January 18th, 2017
Financial Services Superintendent Maria T. Vullo today announced that the New York State Department of Financial Services (DFS) has approved the application of Coinbase, Inc., a wholly owned subsidiary of Coinbase Global, Inc., for a virtual currency and a ...
Dollar Drops Further While Asia Stocks Are Mixed: Markets Wrap
January 10th, 2017
U.S. currency continues slide from peak at start of year Japanese shares slump, Hong Kong equities gain for fourth day The dollar slumped for a second day, continuing its slide from a multi-year peak at the beginning of 2017. ...
China going cashless thanks to fintech boom
December 30th, 2016
Standing in line at a Starbucks in downtown Shenzhen, I suddenly realize that no one in front of me is paying with cash. They aren’t paying by credit card either. In fact, I can’t see a single customer holding a wallet or a ...
Blockchain shows great promise to improve accounting issues
December 29th, 2016
While blockchain tech is poised to disrupt a wide variety of industries, it is also poised to dramatically impact those professions that serve all industries. One area that appears primed for massive change is the accounting field. Here, the ...
Goldman Sachs Drops Out of R3 Blockchain Group
November 22nd, 2016
Goldman Sachs Group Inc. has dropped out of the R3 CEV LLC blockchain group. The investment bank was one of nine original members of R3, founded in 2014 to explore the use of the distributed database technology in Wall Street infrastructure. ...
SETL and Deloitte joined forces to produce a contactless payments card
November 15th, 2016
London-based fintech company SETL and global auditing firm Deloitte DLTE.UL have joined forces to produce a contactless card that enables retail payments to be processed and settled almost instantly by the means of blockchain technology. The payment card, which ...
42 Banks Join New Japanese Blockchain Consortium
November 2nd, 2016
42 banks are joining a newly-created Japanese blockchain consortium to enhance the cross-border payment industry. The consortium will focus on research and development, and will cover domestic and foreign exchange services by utilizing blockchain technology. The Japanese blockchain organization ...
Deloitte likes blockchain for loyalty rewards programmes
October 13th, 2016
Big four consultancy firm Deloitte has published a report examining how loyalty rewards programmes can be optimised by blockchain-based technology. Customer loyalty programs are not realising their full potential due to low client retention and redemption rates, time delays, ...
