Search Results for: blockchain
Two leading MENA Fintech hubs signed region’s first FinTech agreement
January 8th, 2018
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and the Bahrain Economic Development Board (EDB) have entered into a Fintech cooperation agreement, marking a significant first in the MENA region. Signed between two of the ...
Ethereum Rises Above $1,000 for the First Time as Ripple Soars
January 5th, 2018
Even as the arguable star of 2017 Bitcoin stalls thousands below its all-time high, the third largest cryptocurrency by market value, Ethereum, is soaring to new records Thursday. For the first time ever, Ethereum prices rose above $1,000 per ...
The Bank of England is Entertaining its Own Official Cryptocurrency
January 3rd, 2018
As originally reported by The Telegraph, the Bank of England may approve the creation of a state-sponsored cryptocurrency within the year. Just last year, the bank announced it had commissioned a theoretical currency, RS Coin, which could be used ...
Israel central bank is examining issuing digital currency for faster payments
December 27th, 2017
The Bank of Israel is examining issuing digital currency as a means of creating a faster payments system as well as reducing the amount of cash in the economy, a central bank source said on Sunday, though he stressed ...
Bitcoin.com co-founder sells entire stash, calls it ‘virtually unusable’ as a currency
December 19th, 2017
In an interview with Swedish website Breakit, Emil Oldenburg, the co-founder and chief technology officer of Bitcoin.com — which offers various services including mining, currency exchange and wallet storage — warned very high fees and long transaction waiting times ...
BDO’s Global Revenues Pass US$8 Billion
December 14th, 2017
BDO announced its global financial results for the year ended 30 September 2017, a total combined fee income* of US$ 8.1 billion / € 7.4 billion, representing a year on year growth of 8%, at constant exchange rates. BDO’s ...
Forget bitcoin, its fourth-biggest rival is up nearly 5,800 percent this year
December 13th, 2017
Litecoin, the fourth-largest cryptocurrency in the world by value, has hit a record high and rallied nearly 5,800 percent this year, beating rival bitcoin’s rise. The price of litecoin reached an all-time high of $255.42 on Tuesday, according to industry website ...
A little-known digital currency surges 70% after teaming up with firms like Microsoft
December 7th, 2017
A digital currency has added more than $3 billion to its market value after the firm behind it said it was teaming up with a number of big tech firms, including Microsoft and Samsung on a “data marketplace.” Called ...
Western Union Blocks Cryptocurrency-Related Transactions
December 6th, 2017
International money transfer services provider Western Union (WU) has launched a campaign against wire transfer transactions involving digital currency exchanges. The company’s decision to disallow cryptocurrency-related services or transactions is covered by its internal regulations. In a post by ...
PwC accepts payment in Bitcoin for its advisory services
December 1st, 2017
PwC in Hong Kong has for the first time accepted payment in Bitcoin for its advisory services. As the firm works increasingly with companies in the digital asset and crypto-currency space, it believes that accepting such payments will evolve ...
