Bitcoin Accepted! German Energy Giant Enables Payments

Time will tell how many customers will accept Bitcoin as a method of payment for their utility bills, says Enercity which announced on Friday, September 16 that Hanover residents can now pay for their energy use with the virtual currency. Enercity CEO, Dr. Susanna Zapreva, who made the announcement, said digitization has already been fixed […]

Overstock’s TØ Blockchain to See First-Ever Public Issuance of Equities

Securities broker-dealer, Keystone Capital Corporation, has selected t0’s blockchain-based trading technology to provide brokerage services for market participants seeking to trade blockchain securities. This is part of  Keystone Capital’s brokerage service’s support of a blockchain preferred share offering from Overstock.com Inc., the parent company of t0 which has been working to reconcile fiat currency and […]

European Banking Authority Proposes Virtual Currency-Specific Regulatory Body

The European Banking Authority (EBA) has advised the European Commission to establish a regulatory regime specific to virtual currencies such as bitcoin. Commenting on the commission’s proposal to amend the existing European anti-money laundering directive, the EBA expresses the opinion that, in the long term, oversight of digital currencies should not fall under regular anti-money laundering provisions, […]

Bitcoin Traders Should Pray for a Federal Reserve Rate Hike

After the biggest money-printing episode in recorded human history, it appears that central bankers are realizing the limits of quantitative easing. The Federal Reserve (Fed) has indicated that they are planning to raise interest rates when it meets on September 20–21. Federal Reserve Chair Janet Yellen suggested that September and December rate hikes are on […]

R3 Blockchain Partner Faces Scandal with Calls for CEO’s Resignation

John Stumpf, “Mr. Clean” of American Banking known for the lack of controversy surrounding the bank he leads, is facing a major scandal. It’s led to calls for his resignation from Wells Fargo & Co.,  one of the U.S.’s big four banks. Stumpf, while in charge of Wells Fargo, led the bank record profits. But, […]