US Bank Regulator to Examine Distributed Ledgers in FinTech Framework Push
The US Office of Comptroller of the Currency (OCC) is looking to establish a framework for regulating financial technologies like blockchain.
Blockchain Under Financial Stability Board’s Scanner
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 Wallets as Swiss Bank Accounts: The Developer’s Perspective
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 Commissioner: Agency Should Revisit Rules for Distributed Ledgers
CFTC’s J Christopher Giancarlo said today that he believes his agency should reexamine existing rules for distributed ledger technology.
Blockstream Among 10 New Firms to Join Hyperledger Blockchain Project
Bitcoin development startup Blockstream is among 10 firms that have joined the Hyperledger blockchain project.
Bitcoin Undervalued By Over $200, Investment Bank Report Finds
A comparison of bitcoin investment to gold investment lead investment bank, Needham, to price the cryptocurrency at more than 50% its current value.
NFC-Equipped Shake App Allows Users to Spend Bitcoin at VISA Card Terminals
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 […]
What Will Bitcoin Be Worth In 2020?
The post What Will Bitcoin Be Worth In 2020? appeared first on 99 Bitcoins. The following article represents the writer’s personal opinion only and should not be considered as investment advice. Can we accurately predict what would be Bitcoin’s price in 2020? Bitcoin has turned out to be perhaps the hottest investment commodity of all time. […]