Search Results for: cryptocurrency
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 ...
Russian govt wants to protect public from bitcoin trading as it resembles ‘financial pyramid’
August 30th, 2017
The Moscow Exchange is working on a mechanism to regulate trading in bitcoin and other digital currencies. At the same time, the Russian Finance Ministry says bitcoin resembles a pyramid scheme, and trading should be limited. “We are already ...
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 ...
Russia has plans to introduce its own digital currency
August 25th, 2017
Russia has plans to introduce its own digital currency running on blockchain technology, according to First Deputy Prime Minister Igor Shuvalov. The FSB “is actively working at the international level and wants to ensure that security issues are solved ...
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 ...
Bitcoin cash crashed on Monday; down nearly 20% at $579 a coin
August 22nd, 2017
Bitcoin cash is crashing on Monday, trading down nearly 20% at $579 a coin after soaring to a record high of $942 during an impressive weekend rally. In the process, bitcoin cash reclaimed the spot as the third-largest cryptocurrency, ...
Australia regulates digital currencies
August 21st, 2017
The Australian government has announced plans to strengthen its anti-money laundering rules with new reforms that will include digital currencies for the first time. The plan follows the recent scandal involving its biggest bank, the Commonwealth Bank of Australia ...
Australian FinTech Launches Australia’s Only Dedicated FinTech Jobs Platform
August 16th, 2017
The team behind the highly successful Australian FinTech website have soft-launched their FinTech employment marketplace platform, Australian FinTech Jobs. Founder and CEO, Cameron Dart, says AustralianFinTechJobs.com.au has been born on the back of the highly successful Australian FinTech website ...
If bitcoin was a stock, it would be the seventy-fourth biggest by market capitalization
August 16th, 2017
If bitcoin was a stock, it would be the seventy-fourth biggest by market capitalization, on the S&P 500. Bitcoin hit a record high of $4,483.55 on Tuesday. Bitcoin’s market capitalization reached as high as $73.5 billion, within touching distance ...
Bitcoin cash may be a house of cards that comes crashing down
August 8th, 2017
Bitcoin cash came onto the scene on Tuesday following a much-anticipated fork in the bitcoin blockchain, and is the fourth largest cryptocurrency by market cap. But its price and high market cap might be the result of some technical ...
