The headquarters of Brooklyn-based ConsenSys, don’t look like your typical financial sector offices. Check out this rare behind-the-scenes tour.
The US Office of Comptroller of the Currency (OCC) is looking to establish a framework for regulating financial technologies like blockchain.
The Financial Stability Board has discussed and reviewed distributed ledger or blockchain technology in a wider meeting covering its priorities in 2016, during a discussion in Tokyo over the past two days. The Financial Stability Board (FSB), a common platform that sees the coming together of senior policy makers from central banks, ministries of finance […]
Angela Walch: 3 Risk Factors to Consider Before Replacing Existing Financial Infrastructure With Bitcoin Blockchain Technology
While Bitcoin may not replace the U.S. dollar anytime soon, the underlying technology of the blockchain is certainly generating hype among mainstream financial institutions. Startups experimenting with blockchain technology for financial institutions are already receiving funding from banks like JPMorgan. In fact, in an Emerging Theme Radar note sent to its clients, Goldman Sachs has declared […]
MIT’s Digital Currency Initiative Receives a Boost With $900,000 Raised for Bitcoin Development Fund
MIT recently announced that it has raised $900,000 for the Bitcoin Developer Fund as a part of its Digital Currency Initiative (DCI). The funds raised would be used to support Bitcoin Core development efforts. Core developers Gavin Andresen, Cory Fields and Wladimir van der Laan currently work as a team for the MIT’s Digital Currency Initiative […]
Bitcoin was seemingly dragged into the very public debate on privacy and encryption recently. Specifically, President Barack Obama warned that if the government can’t access phones, “…everybody is walking around with a Swiss bank account in their pocket,” which appeared to refer to cryptocurrency. Last week, Bitcoin Magazine reported on Bitcoin’s industry representatives and their positions on […]
CFTC’s J Christopher Giancarlo said today that he believes his agency should reexamine existing rules for distributed ledger technology.
Bitcoin development startup Blockstream is among 10 firms that have joined the Hyperledger blockchain project.
A comparison of bitcoin investment to gold investment lead investment bank, Needham, to price the cryptocurrency at more than 50% its current value.
Shake Alpha, based in Montreal, Canada, is a mobile app that allows users to tap and pay with bitcoin at contactless terminals that accept VISA cards, according to the company’s blog. It is an Android app equipped with near field communication (NFC). NFC allows a phone to emulate the interaction between a terminal and a […]