ECurrency Mint has joined hands with the Banque Regionale de Marches (BRM) to offer a new form of digital currency to the West African Economic and Monetary Union (WAEMU). The coin is called eCFA, and can be used on a number of financial platforms within the region. Blockchain technology and digital currency is earing newfound […]
Digital currency exchange Gemini announced yesterday that it is opening its services to traders in South Korea and Japan. Source
The increasing popularity of cryptocurrencies has got Bitcoin making inroads into the mainstream financial ecosystem. With more people using Bitcoin as a medium of exchange and store of value, there are concerns of digital currency being used by wealthy individuals for tax evasion, money-laundering, and other illegal activities. Among few circles, Bitcoin has been equated […]
[…] The post India Set to Descend into Cash Chaos appeared first on CryptoCoinsNews.
The US Internal Revenue Service needs to overhaul its strategy for bitcoin, an agency watchdog warned in a report published today. Source
Coinbase has launched a redesigned version of its website, an unveiling it said marks its transition from a wallet to a digital asset exchange. Source
[…] The post Bitcoin Returns to its Roots on Day #2 of Blockchain Money Conference appeared first on CryptoCoinsNews.
[…] The post Bitcoin and Ethereum Are Not Tipping Their Hands Yet appeared first on CryptoCoinsNews.
Cross-border payments can be a hassle, but the Royal Bank of Scotland (RBS) is looking to change all that with a new Ethereum-based system designed to remove inefficiencies and errors that come with transactions that occur beyond home-based borders. Sending money overseas can be a very lengthy and costly experience, which is why several have […]
A couple of days ago news reports about the Chinese government’s decision to crackdown on Bitcoin trading to curb capital outflow started making rounds. The news created panic among Bitcoin traders, leading to a sudden slump in the digital currency’s price. The cryptocurrency which was trading at around $730s suddenly fell below the $700 mark. […]