Search Results for: Citi
Top China Bitcoin exchange to stop trading
September 15th, 2017
One of China’s biggest Bitcoin exchanges has said it will stop trading, after a government warning over virtual currencies. BTCC said it would stop buying and selling on 30 September in response to tightening regulation. It comes after authorities ...
Bitcoin mining has become very big business
September 14th, 2017
In China’s Hinterlands, Workers Mine Bitcoin for a Digital Fortune One of the largest sources of Bitcoin can be found in the grasslands of Inner Mongolia, despite Chinese skepticism over its potential for risk. They worked as factory hands, ...
Irish law firm adopts artificial intelligence driven platform
September 12th, 2017
McCann FitzGerald, one of Ireland’s premier law firms, announced that it has entered into an agreement with Neota Logic, creators of a leading artificial intelligence (AI)-driven platform to design and market applications to assist McCann FitzGerald’s clients with reducing ...
See no evil, speak no evil…
September 1st, 2017
The Jackson Hole speeches of Janet Yellen and Mario Draghi last week were notable for the omission of any comment about the burning issues of the day: …where do the Fed and the ECB respectively think America and the ...
Several big banks are teaming up for a new digital currency
August 31st, 2017
Six of the world’s biggest banks have joined a project to create a new digital currency, the Financial Times reported Thursday. The crytocurrency will be used for clearing and settling transactions over blockchain. Barclays, Credit Suisse, Canadian Imperial Bank ...
Oil markets to be disrupted for at least three months in wake of Harvey
August 31st, 2017
The economic impact of Hurricane Harvey’s destruction has been limited on Eastern Canada so far, but the fallout from the storm is expected to affect oil markets for months. Harvey, a category-4 hurricane later downgraded to a tropical storm, ...
How Bitcoin is making waves in the luxury market
August 28th, 2017
When Bitcoin and a subsequent raft of cryptocurrencies first landed in the early part of the decade, many people — including noted economists and finance experts — dismissed them as a fad. These new forms of digital money were ...
Gold – crossing the Rubicon
August 25th, 2017
Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, signalling a dollar that will continue to weaken. The factors ...
This European country may issue its very own digital currency
August 23rd, 2017
We’ve officially hit peak ICO. Estonia, a small country in Northern Europe, just floated the idea of potentially raising money by issuing a token called “estcoins“. So why Estonia? The country is pretty forward thinking when it comes to ...
UK Outlines Approach to Cross-Border Legal Disputes Post-Brexit
August 22nd, 2017
Britain will outline ways on Tuesday to resolve cross-border civil disputes with the European Union after Brexit, adding to a list of proposals for future ties to try to nudge talks forward with the bloc. In the third of ...
