FSB investigating the regulatory potential of stablecoins
Emerging scale could pose challenges, says FSB chair
Emerging scale could pose challenges, says FSB chair
This nifty infographic by PWC looks at the blockchain tech, how it works, its benefits and unknowns, cryptocurrency and potential applications.
Following on from the action on Tuesday (21 November), our latest blockchain and Bitcoin round-up focuses on partnerships and future potential. Featuring BDA, Bitstamp, ModulTrade and Bank of Japan.
It wasn’t spotted on Craigslist but here’s an unusual request. If you are the owner of a small or medium-sized bank in the US and are ready to sell it completely (or partially) – you have a buyer! Vladislav (aka Slava) Solodkiy, managing partner at venture capital (VC) firm Life.Sreda, is being refreshingly direct and […]
While the fintech industry is no stranger to initial coin offerings (ICO) as a method of sourcing capital for start-ups, a firm is offering a novel way to make money via cryptocurrency trading.
Three more stories from across the world of blockchain and Bitcoin. This latest round-up features Chia Network, Crypto20, and a lesson to learn from recent Bitcoin scams in Canada.
The UK’s Financial Conduct Authority is warning consumers about the risks of initial coin offerings (ICOs). ICOs have proved very popular in the worlds of blockchain and cryptocurrency, which many funding stories flowing on a regular basis. However, last month, BBVA reckoned the fever for ICOs in blockchain must be cooled as the industry is […]
National Settlement Depository (NSD), Russia’s central securities depository (CSD), and Waves, a decentralised platform for launching crowdfunding campaigns and issuing digital assets, have embarked on a blockchain project.
From Bitcoins to even newer (and lesser known, but rising) forms of currency, will this level the playing field for people in the future, or is this all just a sham that will die down? As things get digitised, what do we need to know about digital currencies, and does this mark the demise of traditional forms of currencies?
Dash, a digital currency and an alternative to Bitcoin, has announced two partnerships in Europe and Russia. BitPanda, formerly known as Coinimal, has added a buy option for Dash on its online brokerage, while Moscow’s exchange, MaRSe, has integrated the digital currency in the “wake of a historic price rise and sustained market demand”. Daniel […]
San Francisco-based digital asset exchange Kraken has acquired the charting and trading platform Cryptowatch. According to Kraken, Cryptowatch is used by traders to chart over 150 markets in real-time and trade up to 22 digital assets. Over the past two years, Cryptowatch also increased its active user base by 700%. As part of the deal, […]
Switzerland-based Crypto Valley Association has launched as the nation looks to boost its blockchain and cryptographic ecosystem. Headquartered in the Swiss canton of Zug, Crypto Valley is an independent, government-supported association which aims to foster the development of digital technologies in Switzerland and internationally. The association will support start-ups and established enterprises through policy recommendations, […]
Brainy boffins have developed a mathematical algorithm that could boost new cryptocurrency Zcash‘s prestige and topple Bitcoin’s crown. Scientists at the Interdisciplinary Centre for Security, Reliability and Trust (SnT) of the University of Luxembourg have created the algorithm – Equihash – a core component for Zcash, which “offers more privacy and equality than the famous […]
US-based internet security firm Cyren has discovered an outbreak of malware which is stealing passwords as well as Bitcoin from cryptocurrency wallets on PCs. Avi Turiel, director of threat research at Cyren, says in a blog post this “versatile” keylogger malware is being delivered as an attachment to phony bank transfer emails, which inform the […]
South Korea’s Shinhan Bank is launching a Bitcoin remittance service between Korea and China, with Hong Kong as an intermediary. The service will be available in December.
Here is a boringly good guide to cryptocurrencies, courtesy of MBNA. It is not boring at all really!
Blockchain has been hailed as a disruptive force capable of revolutionising the banking sector. While this may be the case to some extent, the impact may be overstated when it comes to wider back office operations, argues Paul Westgate, product manager at Linedata. In the clamour to proclaim blockchain, and those cryptocurrencies built on blockchain technology, […]
The European Commission (EC) wants to update the fourth Anti-Money Laundering directive so that it also covers virtual currencies, such as Bitcoin. In the UK, the Treasury has followed suit by announcing plans to subject virtual currency exchanges to the same regulations as banks. This isn’t surprising. Gunnar Nordseth, CEO and co-founder of Signicat, muses over the possible […]
The value of all cryptocurrency transactions will more than half this year, falling from $71 billion in 2014 to just over $30 billion. The decline was attributable to the combined impact of exchange collapses, Bitcoin theft and regulatory concerns.
Digital and alternative currencies, including Bitcoin, can now be used for transactions in California, following the implementation of bill AB129 on 1 January 2015. The new bill is a step forward for cryptocurrencies which have faced tough opposition and scrutiny from global regulators. However, serious doubts about the safety of digital currencies have been voiced by banks.