‘Scrap Cash Altogether and Adopt Digital Currency,’ Says Bank of England’s Chief Economist
Andy Haldane evaluates current economic situation in the world and underlines the potential of blockchain.
Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Andy Haldane evaluates current economic situation in the world and underlines the potential of blockchain.
The CFTC has announced that digital currencies can be officially deemed commodities in the US, following settlement of a case against a bitcoin options trading exchange Coinflip.
BitPay lost over $1.8 million in bitcoins during a phishing attack in December of 2014. On Sept. 15 the company filed a suit against its insurer seeking $950,000 in damages plus court fees.
Nine of the world’s major banks, such as JP Morgan, Goldman Sachs and Barclays, are expected to adopt the blockchain technology in an attempt to broaden its use in the financial services sector.
KPMG International has become a member of Matchi.biz, an exclusive advisory alliance providing financial services clients with an access to the benefits of fintech innovation.
This week another stress test on the Bitcoin network will be run by CoinWallet.
Chinese government takes serious measures to stop cash outflow and save a falling economy.
Samsung has recently launched a new hub for smarthome devices that will securely unite sensors and accessories from a range of manufacturers using the SmartThings open system. The company hopes the device will kickstart the evolution of the Internet of Things.
Blythe Masters is promoting blockchain to banks by offering an off-the-shelf private blockchain product and developing ways to connect its customers to the existing bitcoin system.
Bitcoin payment processor BitPay said the leading bitcoin firms should team up in order to drive the use of virtual currency.