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Bitcoins lost in Mt. Gox debacle ‘not subject to ownership’ claims: Tokyo court

August 7th, 2015 (0)
The Tokyo District Court on Wednesday dismissed a lawsuit by a man seeking repayment for bitcoins he kept in an account at the bankrupt exchange Mt. Gox Co., with the ruling saying the virtual currency is “not subject to ...

Accountants will soon be competing directly with solicitor firms

July 30th, 2015 (0)
Acountants will soon be competing directly with solicitor firms ‘on every high street in the country’, according to a leading financial adviser to the legal sector. Ian Muirhead, chairman of Solicitors Independent Financial Advice, said he expects 750 accountancy ...

Euro static as Greek bailout talks resume – Euro Currency update

July 29th, 2015 (0)
Euro The Greek bailout talks resumed on Tuesday with a high security presence, but as no interesting news emerged from the discussions the Euro was left trading fairly statically against a number of its peers. The common currency did ...

5 Ways that Cryptocurrency Improves Lives

July 23rd, 2015 (0)
Cryptocurrencies like Bitcoin can improve lives. That’s an undisputable fact that we have seen evidence for over and over again. Below we have listed five ways cryptocurrency improves lives. Let us know in the comment field how you think ...

UAE Releases FATCA Guidance, Registration Form

July 22nd, 2015 (0)
The Finance Ministry of the United Arab Emirates has released US Foreign Account Tax Compliance Act guidance notes and the registration form for entities to access the FATCA reporting portal. FATCA, enacted by the US Congress in 2010, is ...

CentrumDirect set to launch online forex platform next week

July 17th, 2015 (0)
CentrumDirect, an arm of diversified Centrum Group, is set to launch next week an online forex platform Buyforex. in, which will allow users to see live quotes to buy and sell major currencies in various forms such as prepaid ...

Is Bitcoin Unsustainable, and How Can It Be Made Sustainable?

July 9th, 2015 (0)
“Bitcoin Is Unsustainable,” claims the title of a provocative essay by Motherboardcontributor Christopher Malmo that has spurred considerable debate. Malmo’s central thesis is that Bitcoin uses way too much electricity. The essay opens with a future scenario that, in view ...

Bitcoin: What you didn’t know but always wanted to ask

July 7th, 2015 (0)
A new technology for the banking world: “The internet of money” In 2008, an individual or group writing under the name of Satoshi Nakamoto published a paper that described a peer-to-peer version of electronic cash that “would allow online ...

Goldman: “Greece Will Remain In Euro Even If It Votes No”, And How Markets Will React

July 3rd, 2015 (0)
The time to negotiate the Greek referendum this Sunday has come and gone and at this point, one can only sit and wait as the vote results start trickling in on Sunday evening. And, as Goldman’s Huw Pill prudently ...

Greek meltdown has UAE tour operators scrambling for holiday alternatives

July 2nd, 2015 (0)
As the Greek debt crisis drags on, scaring away potential visitors, tour operators in the UAE are looking at alternative destinations for the summer. The Mediterranean nation is technically in arrears after having missed its €1.6 billion (Dh6.52bn) payment ...
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