30 April 2017
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Latest virtual currency news

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

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

26 April 2017  |  6228 views  |  0 comments | 22 tweets | 21 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
Wholesale banking

National Bank of Cambodia inks DLT development deal

24 April 2017  |  4779 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
Blockchain

Coinbase plans Ethereum messaging app

21 April 2017  |  9581 views  |  0 comments | 14 tweets | 15 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
Wholesale banking

Hong Kong enters central bank digital currency fray

11 April 2017  |  5908 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  |  5830 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
Blockchain

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

24 March 2017  |  6634 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.

NAB Ventures leads $24m funding round for cross-border payments startup Veem
Start ups

NAB Ventures leads $24m funding round for cross-border payments startup Veem

09 March 2017  |  8203 views  |  0 comments | 2 tweets | 2 linkedin

Blockchain-based cross border business payments startup Align Commerce has rebranded as Veem and raised $24 million in a Series B funding round led by the new venture arm of National Australia Bank.

Fed governor cautions on central bank-issued digital currencies
Blockchain

Fed governor cautions on central bank-issued digital currencies

06 March 2017  |  6886 views  |  1 comments | 11 tweets | 10 linkedin

A US Federal Reserve governor has poured cold water on the prospect of central bank-issued digital currencies, saying that they raise serious security and privacy concerns and could become a prime target for crooks.

Mizuho carries out blockchain document sharing and digital currency trial
Payments

Mizuho carries out blockchain document sharing and digital currency trial

24 February 2017  |  12643 views  |  0 comments | 7 tweets | 4 linkedin

Japan's Mizuho says it has successfully completed trials that used distributed ledger technology for cross-border document sharing and a custom digital currency.

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