For the past few years, many of the biggest players in the Bitcoin industry have talked about the need to build bridges to the traditional financial system. This sort of basic infrastructure has been in development by Coinbase, the Winklevoss twins and others, and it’s now getting to the point where user-friendly wallets and regulated […]
Deputy Governor of the Bank of England Ben Broadbent has spoken out on the implications of a central bank digital currency (CBDC) for the financial system as we know it. In Broadbent’s lecture at the London School of Economics on March 2, he focused on what a central bank digital currency could look like, and […]
There has been a long list of figures who the press and online commenters have speculated are Satoshi Nakamoto, creator of Bitcoin. At one point, when Newsweek claimed Dorian Nakamoto, an unnamed individual left a cryptographic message stating, “I am not Dorian Nakamoto.” Many argued this in-and-of-itself does not prove Satoshi left the message. Read […]
A research consultant for Canada’s central bank has published a paper that envisions a world with a monetary standard based on bitcoin.
In a nod to the growing popularity of Bitcoin, Microsoft Excel – the most popular and widely used spreadsheet program in the world, will provide native support for the cryptocurrency’s format within the program. The Microsoft Office software suite, a collection of various programs which altogether makes for the most popular and widely used office […]
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 […]