25 June 2017
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Latest virtual currency news

DBS fintech accelerator switches to 'always on' mode
Blockchain

DBS fintech accelerator switches to 'always on' mode

22 June 2017  |  4110 views  |  0 comments | 3 tweets

Hong Kong's DBS Accelerator, run by DBS Bank and early-stage VC Nest, is switching the format of the programme to a rolling intake that will see it host new startups throughout the year.

Swift Business Forum, Nordics - live blog
Blockchain

Swift Business Forum, Nordics - live blog

09 May 2017  |  7536 views  |  0 comments | 1 tweets | 2 linkedin

Welcome to Finextra's live coverage of the Swift Business Forum in Stockholm. This event will explore how banks can think in new and innovative ways as different business models impact the majority of existing banking revenues.

Bitcoin set to go boom
Payments

Bitcoin set to go boom

08 May 2017  |  25759 views  |  0 comments | 37 tweets | 32 linkedin

Adam Davies, consultant at Altus Consulting believes the value of a single bitcoin will reach £3000 by the end of the year. He explains why.

Should central banks open up payment and settlement systems to non-banks?
Payments

Should central banks open up payment and settlement systems to non-banks?

26 April 2017  |  12275 views  |  0 comments | 24 tweets | 29 linkedin

The rise of nonbank giants such as PayPal and WeChat is leading central banks to reassess to whom they should allow access to their payment and settlement systems, says a top Bank of Japan official.

National Bank of Cambodia inks DLT development deal
Payments

National Bank of Cambodia inks DLT development deal

24 April 2017  |  7652 views  |  0 comments | 6 tweets | 3 linkedin

The National Bank of Cambodia is teaming up with distributed ledger technology specialist Soramitsu to develop the use of the Hyperledger Iroha software framework for a possible new payment infrastructure.

Coinbase plans Ethereum messaging app
Retail banking

Coinbase plans Ethereum messaging app

21 April 2017  |  11533 views  |  0 comments | 15 tweets | 16 linkedin

Bitcoin exchange and virtual wallet operator Coinbase is bidding to emulate China's hugely popular WeChat through a new unit that will offer a secure messaging app, an Ethereum wallet and a browser for Ethereum apps.

Prisoners build PCs from stolen parts then apply for credit cards in fellow inmate's name

A pair of enterprising American prisoners managed to steal enough spare parts from a work programme to put together two computers, which they hid in a closet ceiling and used for various escapades, including to apply for credit cards in another inmate's name.

Hong Kong enters central bank digital currency fray
Blockchain

Hong Kong enters central bank digital currency fray

11 April 2017  |  6689 views  |  0 comments | 15 tweets | 15 linkedin

The Hong Kong Monetary Authority (HKMA) has teamed up with local banks and the R3 consortium to explore the creation of a central bank digital currency.

CAD-coin V Fedcoin: The future of central bank digital currencies
Retail banking

CAD-coin V Fedcoin: The future of central bank digital currencies

05 April 2017  |  8470 views  |  0 comments | 7 tweets | 14 linkedin

An R3 academic paper on central bank digital currencies (CBDCs) investigates the relative merits of a public network-based retail Fedcoin option and the private, permissioned wholesale CAD-coin alternative.

Nets partners Chainalysis to help banks meet AML rules on virtual currencies
Risk & regulation

Nets partners Chainalysis to help banks meet AML rules on virtual currencies

24 March 2017  |  8699 views  |  0 comments | 9 tweets | 11 linkedin

Nordic payments processor Nets is enlisting the help of distributed ledger technology specialist Chainalysis to help it ensure virtual currency transactions comply with anti-money laundering rules.

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