Consensus 2015: What the Internet Can Teach Blockchain Innovators
A pioneer in internet security will discuss lessons for digital currencies in the adoption of a protocol as a technical standard.
Bankers Begin Using Block Chain Technology Without Bitcoin
Like the Internet did 25 years ago, Bitcoin and its block chain technology are bringing the next generation of technological advancement to industries around the globe. One industry that certainly needs an infusion of new technology and efficiencies is the banking industry. Major financial companies like Goldman Sachs, NASDAQ, and The New York Stock Exchange […]
ECUREX Becomes First Digital Currency Exchange Platform To Comply With Swiss Banking Act
ECUREX GmbH, a Zurich, Switzerland-based digital finance marketplace for traders and financial institutions, has become the first digital currency exchange platform to be fully compliant with the Swiss Banking Act. The ECUREX trading system is not yet operating, but the team announced that this is its next objective. The team has scheduled the system’s first […]
Financial Institutions Show Interest in Bitcoin Technology
Now that cryptocurrenies are gradually gaining mainstream acceptance, financial institutions are showing increased interest in bitcoin technology. Prior to this, mostly governments were involved in understanding how the digital currency industry could overtake the current monetary system. In particular, the technological innovation behind bitcoin or the blockchain protocol has been the main focus. Industry experts have noted […]
How to Fight Climate Change Using Bitcoin
There have been concerns regarding the negative impact of bitcoin mining on the environment, as the sheer amount of equipment and power needed to carry on these operations might have negative repercussions. However, some bitcoin enthusiasts say that it is actually possibly to fight climate change using bitcoin. Former NASA engineer James D’Angelo pointed to […]
Final BitLicense Proves Divisive Milestone in US Bitcoin Regulation
With the passage of New York’s final BitLicense proposal, CoinDesk seeks responses from the digital currency community on the law and its impact.
Can Bitcoin Move on from the Closure of Silk Road?
Bitcoin has usually been associated with underground market operations or criminal activity, thanks to its rampant use in Silk Road. This anonymous marketplace has been shut down a few years back and its founder, Ross Ulbricht, recently sentenced to life imprisonment but bitcoin enthusiasts say that this doesn’t mark the end of bitcoin. In fact, […]
Moneytis Launches Open Beta of Global Bitcoin Remittance Service
A new consumer remittance startup is on the block, and it’s bringing bitcoin to new corridors in Europe, China and Mexico. Freshly out of private beta, Moneytis has now opened its beta to the public. The service allows users to send international transfers from their bank accounts to the receiver’s for a fee of two […]
Chamber of Digital Commerce: More Action from FinCEN is Inevitable
The FinCEN action against XRP II LLC (Ripple) took many by surprise early last month, although many in the Bitcoin community were not shocked to see an organization with such close ties to a digital token face backlash for “willful violations” of the Bank Secrecy Act (BSA) and failure to implement appropriate anti-money laundering (AML) […]
Final BitLicense Rules for New York State Released Today by NYDFS Superintendent Ben Lawsky
New York State Department of Financial Services (NYDFS) Superintendent Benjamin Lawsky today released the final version of the BitLicense regulations, saying that his “gut feeling” was that digital currencies are here to stay. The BitLicense program to require digital currencies businesses in New York state to operate with a license and report to government has […]