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News/Blockchain
The Bank of England's chief economist has floated the prospect of abolishing paper cash and replacing it with a state-backed digital currency as a way of facilitating negative interest rates.
18 September 2015
In its first action against an unregistered bitcoin options trading platform, the Commodity Futures Trading Commission (CFTC) in the US has ruled that virtual currencies are a commodity and as such should come under the purview of the Commodity Exchange Act (CEA).
BitPay lost $1.8 million in a phishing attack late last year, according to lawsuit filed by the bitcoin payment processing firm against an insurer it is trying to get to cover some of the losses.
17 September 2015
Nine of the world's largest banks are backing an initiative to create a set of global standards for the use of distributed ledger technology in financial markets.
15 September 2015
A bitcoin instant money transfer system for small businesses trading with Asia and a service that allows users to build a credit score on their history of paying utility bills have been declared the winners of BBVA's Open Talent startup contest for LatAm.
Finextra TV/Blockchain
Nick Williamson, Founder and CEO, and Eric Benz, Founder and COO of Credits, explain the 'proof-of-stake' model and how their platform differs from private blockchain businesses.
14 September 2015
UK fintech champion Innovate Finance is to establish a blockchain lab in partnership with the Hartree Centre, the high performance computing and data analytics research facility founded by the UK Government in association with IBM.
11 September 2015
Company update/Blockchain
Abra, the company changing how people use cash and their smartphones to send and receive money around the world, announced today that it has closed its Series A financing round and has now raised over $14 million in venture financing.
10 September 2015
MaRS announced today a global partnership with Cubo Coworking Itaú (“CUBO”), a new innovation hub based in São Paulo, Brazil. CUBO will be joining MaRS’ Financial Technology (“FinTech”) cluster, which connects entrepreneurs in emerging payments, peer-to-peer transactions, alternative lending and crypto-currencies with the financial services sector.
Akamai Technologies, Inc. (NASDAQ: AKAM), the global leader in content delivery network (CDN) services, published today, through the company's Prolexic Security Engineering & Research Team (PLXsert), a new cybersecurity case study.
Five financial services heavyweights have joined in a $30 million funding round for blockchain startup Chain, which is aiming to overturn Wall Street conventions for the issuing and handling of financial securities.
Real-time predictive marketplace Pivit has issued a portion of its upcoming $5 million investment round using distributed ledger technology from Digital Asset Holdings.
09 September 2015
Risk Management & Payment Processing specialist Vogogo Inc. ("Vogogo") (TSX VENTURE:VGO) today announced the launch of its proprietary compliance, risk management and payment processing platform with Bitcoin exchange Celery.
08 September 2015
With funding from Newfund, Kima Ventures, Galitt and a group of business angels, Paymium closes a financing round to accelerate its European expansion.
03 September 2015
Bitcoin exchange operator itBit has hired former New York State Department of Financial Services (NYDFS) general counsel Danny Alter and Broadridge Financial Services executive Kim Petry.
We’re pleased to announce the expansion of Coinbase services to Singapore. As part of our effort to make bitcoin easy to use throughout the world, customers in Singapore will be able to buy and sell bitcoin with Singapore dollars using Coinbase from 8am SGT Thursday September 3.
02 September 2015
Eric Van der Kleij, Head of Level39, discusses the importance of both competition and collaboration within financial services and the role of Level39 in combatting the struggles start-ups face in being recognised by banks.
01 September 2015
A former US Secret Service agent has pleaded guilty to stealing $820,000 worth of bitcoin during the investigation into the Silk Road dark bazaar.
Barclays is preparing a Bitcoin pilot that will enable people to make donations to charities in the cryptocurrency, according to the Sunday Times.
31 August 2015
We’re pleased to announce the expansion of Coinbase services to Canada. As of today, our customers in Canada can buy and sell bitcoin with CAD using our Buy/Sell service, as well as trade the BTC/CAD currency pair on Coinbase Exchange.
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