Search Results for: Bitcoin
PwC Director: Blockchain Impact Could Create Winners and Losers
February 25th, 2016
Global professional services giant PricewaterhouseCoopers (PwC) became the latest big-name firm to make its blockchain service offerings public this month, unveiling a solution portfolio designed to take business clients from ideation to iteration as they explore the emerging technology. The ...
Mt. Gox Bankruptcy Claim Update Shows Investigation is Far From Over
February 18th, 2016
Based on the information provided in the report, the investigation regarding the missing Mt. Gox funds is still on-going, and a fair amount of funds have been recovered by the bankruptcy estate so far. Plenty of Bitcoin enthusiasts have ...
New Digital Currency Zcash Promises Total Anonymity and Privacy
February 18th, 2016
The creators of a new digital currency say that mathematical algorithms will ensure that its users keep their transactions counterparties and amounts encrypted. While digital currencies such as Bitcoin are known for their pseudonymity, it is often possible to ...
Five UK Fund Giants Partner up to Join the Blockchain Bandwagon
February 9th, 2016
In a recurring theme to confirm the financial industry’s collective fawning of blockchain technology – the distributed ledger that underpins Bitcoin – five of the UK’s biggest mutual fund giants are collectively exploring blockchain applications. The motivation? Cutting billions ...
Commonwealth report calls for clearer legislation for virtual currencies
February 5th, 2016
Virtual currencies offer countries a cost-effective, fast and accessible alternative to settling financial payments, but unclear laws and regulations are preventing their responsible development and encouraging their exploitation by criminals, says a new Commonwealth report. Virtual currencies, which allow ...
Japan’s Largest Bank developed its own digital currency
February 4th, 2016
Bank of Tokyo-Mitsubishi UFJ (MUFG) has revealed that it has developed its own digital currency nicknamed “MUFG coin” as part of its research into blockchain and distributed ledger technology. According to The Asahi Shimbun, the digital currency project seeks ...
BaFin has published a report on FinTechs: Young IT companies on the financial market
February 1st, 2016
The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) of Germany, has published a report on the topic FinTechs: Young IT companies on the financial market. According to BaFin, an internal BaFin project group started work on the topic ...
Bank of America is going big on blockchain
February 1st, 2016
Bank of America is trying to steal a march on the latest developments in the technology behind digital currency bitcoin by loading up on blockchain-related patents. Blockchain works like a huge, decentralized ledger for the digital currency bitcoin which ...
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. ...
The digital revolution on the finance industries
January 29th, 2016
EU experts and stakeholders discussed the impact of the digital revolution on the finance industries, market participants and consumers at a recent event organised by ACCA (The Association of Chartered Certified Accountants) and Deloitte in Brussels Internet and digital ...
