Blockchain

2154 articles tagged with this keyword

/Blockchain

Circle granted first BitLicense

Bitcoin startup Circle has become the first firm to be granted a BitLicense from New York state's financial watchdog.

/Blockchain

Large banks could save $4bn per annum by creating a trade processing utility - Broadridge

Large banks could save up $4 billion each year by adopting a shared utility model for trade processing, according to a study by Broadridge.

/Blockchain

BofA files for cryptocurrency-based wire transfer system patent

Bank of America has filed a US patent application for a system and method that uses cryptocurrency technology for wire transfers.

/Blockchain

BofE's Haldane suggests ditching cash for cryptocurrency

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.

/Blockchain

CFTC institutes first action against bitcoin options trader

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).

/Blockchain

BitPay loses $1.8m in phishing attack

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.

/Blockchain

Nine banks back blockchain collaboration plan

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.

/Blockchain

Bitcoin money transfers and credit scoring take top spots at BBVA startup contest

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.

/Blockchain

Innovate Finance and IBM to open blockchain lab

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.

/Blockchain

Visa, Citi, Nasdaq, Fiserv and Capital One back blockchain startup Chain

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.

/Blockchain

Pivit issues capital investment on blockchain with Digital Asset Holdings

Real-time predictive marketplace Pivit has issued a portion of its upcoming $5 million investment round using distributed ledger technology from Digital Asset Holdings.

/Blockchain

Cryptocurrency firm itBit hires ex-NYDFS general counsel Alter

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.

/Blockchain

Federal agent pleads guilty to looting Silk Road cash

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.

/Blockchain

Barclays to tap Bitcoin for charity donations

Barclays is preparing a Bitcoin pilot that will enable people to make donations to charities in the cryptocurrency, according to the Sunday Times.

/Blockchain

Earthport opens gateway to distributed ledgers with Ripple

UK-based payments network Earthport has opened a distributed ledger gateway for bank clients to process real-time cross border payments via the Ripple protocol.

/Blockchain

Interac backs Toronto fintech cluster

Toronto's new financial technology cluster has signed up one of the country's biggest fintech players, debit payment group Interac, as a strategic partner.

/Blockchain

Coinify grows merchant base with acquisition of rival Coinzone

Denmark's Coinify has acquired rival Dutch processor Coinzone in a bid to create a pan-European provider of bitcoin-to-fiat payment processing for online merchants and PSPs.

/Blockchain

Blockchain poised to become banking's biggest disruptor yet - BBVA Compass economists

With dozens of the world's biggest banks already investing heavily in the blockchain, it is just a matter of time before the technology creates far-reaching disruption in the financial services industry, says a new report from BBVA Compass economists.

/Blockchain

Open University and Innovate Finance launch Fintech 101 course

The Open University has teamed up with UK fintech trade body Innovate Finance to launch the world's first introductory course to financial technology.

/Blockchain

Australian Senate says bitcoin should be treated as a regular currency

The Australian Senate says that digital currency transactions should be treated in the same way as fiat for the purposes of taxation, overturning a previous judgement from the country's Taxation Office that labelled bitcoin holdings as 'intangible assets'.