Search Results for: blockchain
Deloitte: Bitcoin at the crossroads
October 22nd, 2015
There is a race to regulate Bitcoin. Is it too soon? Bitcoin has captured the imagination of consumers and businesses around the world as a major breakthrough in how value is exchanged. The Bitcoin “blockchain” is a fundamental breakthrough ...
Fintech Innovation Lab 2016 invites Applicants
October 21st, 2015
Accenture, Partnership Fund for NYC and Leading Banks Call for Applicants for New York FinTech Innovation Lab 2016 Program helps leading financial technology entrepreneurs accelerate product and business development Applications are now being accepted for New York’s sixth annual ...
ACCC investigating banks’ closure of bitcoin companies’ accounts
October 20th, 2015
The Australian Competition and Consumer Commission is investigating why Australian banks are closing the accounts of bitcoin businesses, amid concerns banks are colluding to block emerging competitors. ACCC chairman Rod Sims told The Australian Financial Review the investigation was ...
UK to spend £10m on cryptocurrency research
October 16th, 2015
Harriet Baldwin, Economic Secretary to the Treasury of UK, in a speech, that she delivered at the Alan Turing Institute for Data Science, has declared a £10million funding for cryptocurrency research. Baldwin also mentioned that the country was working hard ...
SnapSwap granted first bitLicense in Europe
October 12th, 2015
SnapSwap International S.A. announced today that the company has been granted a license to provide services as a regulated payment institution by the Minister of Finance of the Grand Duchy of Luxembourg. The license allows SnapSwap to offer payments, remittances, ...
Russia Planning to Criminalize Bitcoin Activities
September 24th, 2015
The debate whether Bitcoin should be banned in Russia is once again picking momentum. According to a report of Interfax, the Russian government lately approached the regulators with its plan to criminalize the use and issuance of Bitcoin under ...
Russian Firm Plans Local Version of Bitcoin Digital Currency
September 18th, 2015
A leading Russian payment services provider is developing the country’s first virtual currency — the bitruble. If the company, Qiwi, can overcome resistance from Russia’s financial authorities — which fear that cryptocurrencies could be used to launder money and ...
UBS reveals its interest in Sidechains as well as Ethereum
September 15th, 2015
There is an air of confidence about UBS at this time concerning the bank’s exploration of distributed ledger technology and smart contracts. Recently, UBS demonstrated how a bond could be automated on a blockchain, the shared ledger system similar ...
What Is The Difference Between Bitcoin, FOREX & Gold? ‘A Tripod Theory’
September 10th, 2015
As Bitcoin and it’s counterparties known as “altcoins” enter the mainstream many investors are seeking information on the mechanics of trading these revolutionary peer-to-peer niche oriented decentralized global cryptocurrencies. Bitcoin, forex and gold have many similar yet distinct differences that make each a unique and viableinvestment vehicle. Bitcoin is a ...
UBS Building Virtual Coin For Mainstream Banking
September 7th, 2015
Swiss bank UBS is working on a prototype virtual currency that it hopes will be used by banks and financial institutions as a basis to settle mainstream financial markets transactions. But unlike the bitcoin digital currency, the Swiss bank’s ...