IBM And Major Banks Blockchain Partnership Reports First Live Pilot Transactions
IBM and major int’l banking partners report first live pilot transactions from their Blockchain trade finance platform Batavia #NEWS Go to Source Powered by WPeMatico
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Bank of Japan Turns Back on State-Issued Cryptocurrency
The Bank of Japan has become the latest government financial institution to recognize the risks of state-issued cryptocurrencies. According to its Deputy Governor Masayoshi Amamiya, a national digital coin may jeopardize the traditional financial system established in developed countries. The Japanese central bank has no plans to issue its own crypto, he said. Also read: … Read more
Bitcoin in Brief Wednesday: Pornhub? We’ve Never Heard of Pornhub
Bitcoin in Brief for Wednesday is a potpourri of quickies to get your day going: Pornhub, a website we’ve never heard of, has joined the crypto revolution (well, Verge at least); South Korea’s loss is Switzerland’s gain; bitcoin blamed for every crime under the sun; Ethereum’s Vitalik Buterin is accused of favoritism; and bitcoin cash … Read more
Swiss Banking Industry To Be Hurt The Most By Blockchain, Says New Moody’s Report
Moody’s report: less expensive cross-border transactions powered by Blockchain tech have the potential to hurt the Swiss banking industry #NEWS Go to Source Powered by WPeMatico
The Government Dilemma: How To Tax Something One Pretends Does Not Exist
Cryptocurrencies are often criticized for failing to replicate some of the basic functions of fiat money. Governments are always ready to warn you that you can’t spend, or save, or trade, or make digital coins. This state of mind, however, is slowly but surely changing, as more benefits become apparent. Paying, saving, investing – bitcoin … Read more
Hong Kong Securities Regulator Says Raising Capital Is Job For VCs, Not ICOs
Venture capital funds are the better choice for fundraising from the public rather than ICOs, according to the head of Hong Kong securities regulator. #NEWS Go to Source Powered by WPeMatico
The Challenge of Conforming Crypto to the Language of Regulation – or Vice Versa
An often overlooked hurdle in the formulation of legislative apparatus for cryptocurrency is the challenge of adapting cryptocurrency to the classifications and language of financial regulations. Also Read: Research Paper Declares Bitcoin Compliant With Shariah Law Language Barrier Between Regulators and Crypto Community A recent article authored by Jonathan Chester, the chief executive officer of Bitwage, … Read more
Corporations Bypassing Korean ICO Regulations With Overseas Subsidiaries
Major corporations in South Korea are increasingly establishing cryptocurrency subsidiaries and launching initial coin offerings outside of the country due to prohibitive regulations. They are seeking opportunities in countries like Japan, Switzerland, Singapore, and Gibraltar. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Regulations Driving Away Businesses An increasing number of corporations in … Read more
Proxeus, IBM Register A Business On Blockchain In ‘Record Setting’ Time
Businesses can be registered through Blockchain and smart contracts faster than the traditional way, Proxeus and IBM Switzerland show. #NEWS Go to Source Powered by WPeMatico
Bitcoin’s Value to Lose $44 Billion by Year’s End, Researchers Argue
Researchers from Switzerland published a twenty page study on the predictability of bitcoin bubbles, using Metcalfe’s law and Log-Periodic Power Law Singularity (LPPLS), and determined bitcoin’s market capitalization might fall as much as $44 billion, or 35% (at the time of writing), by the end of 2018. Also read: More Bitcoin ETF Teasing, Encouraging Signs Emerge … Read more
