EC focuses on monitoring, not regulating, virtual currencies
January 29th, 2016
The European Commission is examining whether virtual currencies need to be regulated in the wake of last November’s terrorist attacks in Paris, but is currently more focused on monitoring the likes of bitcoin than on rushing out new rules. ...
MasterCard on blockchain: ‘We don’t want to be blindsided’
January 22nd, 2016
Blockchain — the technology that underpins bitcoin — is one of the most exciting areas of technology at the moment. It has the potential to strip out huge amounts of admin costs and companies around the globe are signing ...
CFTC Releases Annual Enforcement Results for Fiscal Year 2015
November 9th, 2015
Agency Filed 69 Enforcement Cases and Achieved a Record $3.14 Billion in Civil Monetary Penalties Ordered The U.S. Commodity Futures Trading Commission (CFTC) today released the agency’s enforcement results for fiscal year (FY) 2015, which included a record $3.144 ...
Digital currency startup Abra raises funds from Ratan Tata, American Express
October 23rd, 2015
The firm also announced entry into the online, digital cash-based merchant payments. Abra’s app will be available to all registered users in the US and Philippines in the coming weeks US-based startup Abra today said Tata Group Chairman Emeritus ...
From ZIRP to NIRP
September 25th, 2015
The sudden end of the Fed’s ambition to raise interest rates above the zero bound, coupled with the FOMC’s minutes, which expressed concerns about emerging market economies, has got financial scribblers writing about negative interest rate policies (NIRP). Coincidentally, ...
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 ...
Blockchain-based SETL plans to revolutionise payment and settlement
July 29th, 2015
A new venture plans to create a multi-asset, multi-currency institutional payment and settlements infrastructure based on blockchain technology. Called SETL, the venture is backed by Peter Randall, former chief executive at Chi-X, the multilateral trading facility that is now ...
FBI Arrests Coin.MX Founders For Money Laundering Violations
July 24th, 2015
Anthony R. Murgio and Yuri Lebedev of West Palm Beach Florida were arrested today for running an unlicensed bitcoin exchange with the goal of helping individuals launder money. The press release the FBI put out charges the men of ...
5 Ways that Cryptocurrency Improves Lives
July 23rd, 2015
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 ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
