The Wall Street Journal reports that Japan’s second-largest bank Sumitomo Mitsui Financial Group (SMFG) is eager to enter the fintech space. Japan has been playing catch-up with other nations who are quickly embracing the financial technology revolution. It was only recently that the Japanese government and regulators allowed the bitcoin exchanges to be registered. Until […]
In an announcement today, Nasdaq revealed the issuance of its client Chain.com’s share to a private investor using the company’s private-market blockchain platform Linq. Calling it a ‘major advance’ in blockchain technology for private companies, a Nasdaq press release has announced the issuance of shares by Chain.com to a private investor using its blockchain-powered […]
‘Big Four’ professional services firm PwC offers its predictions on the year ahead for blockchain technology and outlines the likely key trends.
The illusion of the U.S. Dollar’s intrepid strength is a false indicator that the American media has been trumpeting since late 2013. It is an indication of its value relative to other fiat currencies like the Euro and Japanese Yen. Kind of like a battle for which debt-based bearer bond is the best at losing […]
Segregated Witness, the proposal put forth by Blockstream developer Dr. Pieter Wuilee, has been trumpeted as a block size scaling solution that gets around the difficult scenarios associated with increasing the block size utilizing a hard fork. But the problem is that, while Segregated Witness does provide benefit to the code, it misses one of […]
In a blog post summing up 2015 as a year for payments, Visa Europe deemed ‘Fintech’ as the industry where ‘everyone wants to be’ and made a marked point about blockchain and bitcoin becoming a reality that the ‘industry has to live with.’ A blog post titled “Why 2015 was the year for payments” published […]
As part of a year-end retrospective, Visa Europe suggested bitcoin and the blockchain will soon be embraced by financial incumbents.
BuckleySandler LLP counsel Amy Davine Kim recaps how digital currency regulation affected the strategies of bitcoin startups and incumbents in 2015.
Bitcoin price holds above support at the start of the last week of this year. Although the intra-day chart is ambiguous, the last three months of price action has set bitcoin price up for an exciting 2016. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? […]
An industry survey that covered 150 executives and investors in the banking sector has revealed that Fintech startups are only causing limited disruption to the industry rather than the dramatic, industry-defining shakeup of an ‘Uber Moment’. A new survey conducted by Autonomous Research has revealed that 14% of banks face a significant threat by Fintech […]