Search Results for: Bitcoin
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 ...
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 ...
5 Mistakes You Should Avoid When Starting A FinTech Company
October 9th, 2015
Even though I worked at a bank for years before founding Coinsetter in late 2012, it’s incredible how little I ultimately knew about how banks and financial institutions work behind the scenes. Starting a bitcoin exchange has been a ...
Citi, HSBC Partner With R3CEV As Blockchain Project Adds 13 Banks
September 30th, 2015
Distributed ledger startup R3CEV has added 13 new banking partners, bringing the total number of banks involved in its activities to 22. In a release, R3 revealed Bank of America, BNY Mellon, Citi, Commerzbank, Deutsche Bank, HSBC, Mitsubishi UFJ ...
BoE Chief Economist: Blockchain-based Digital Currency Issued by Central Banks Could Replace Cash
September 29th, 2015
In a talk given at the Portadown Chamber of Commerce in Northern Ireland on September 18, Andrew G Haldane , Chief Economist at the Bank of England (BoE), has hinted at the possibility that the U.K. government might issue a digital currency. Though ...
Blockchain Identity: Solving the Global Identification Crisis
September 28th, 2015
Bitcoin and the underlying technology of the blockchain has become a pretty important invention of our time. The cryptocurrency application itself has given us a sketch of new meanings that apply to money and mediums of exchange. The blockchain ...
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, ...
VC Head Believes Israel will Lead Blockchain App Industry
September 25th, 2015
The managing director of Santander Group’s venture capital firm believes that Israel will become a reference market for blockchain applications. Mariano Belinky, who has recently invested in an Israel-based payment application, expressed his faith in the technologically advanced nation, ...
CFTC Settles with TeraExchange LLC
September 25th, 2015
CFTC Settles with TeraExchange LLC, a Swap Execution Facility, for Failing to Enforce Prohibitions on Wash Trading and Prearranged Trading in Bitcoin Swap The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges ...
Arcadia-based company under investigation, councilman’s connections under scrutiny
September 21st, 2015
State and federal agencies are investigating an Arcadia-based company that is facing allegations from investors that it swindled them out of hundreds of thousands of dollars, and may have taken more from individuals overseas. Officials with the Department of ...
