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Cryptocurrencies may have got off to a bad start in 2018, with valuations plummeting, but faith in its underlying technology, the blockchain, or distributed ledger technology, has never been stronger. Read more “The Rise & Rise Of Blockchain Based Payments Solution Ripple”
Bitcoin may be seen in some quarters as the answer to too much bureaucracy, red tape, and creaking, antiquated, legacy banking systems, but it can’t escape being regulated, according to IMF chief Christine Lagarde, who gave an interview to CNN Money last week. Read more “IMF Chief Christine Lagarde Weighs In On Crypto Regulation Debate”
Singapore and Silicon Valley are arguably the fintech industry’s two geographical titans. Both are renowned for the ability of their supremely well educated and entrepreneurial populations to become early adopters of new technologies and commercial trends, and successfully turn them into globally dominant enterprises.
In Silicon Valley’s case it tends to be technologically advanced and trendsetting media and social media companies that rule the roost, whilst in Singapore, financial acumen, international trade, notably shipping, and now, financial technology are the industries that have helped to make one in every twenty of the City state’s citizens a millionaire, if reports are to be believed. Read more “Silicon Valley’s Hash Cash & Singapore’s United Overseas Bank Join Forces For Blockchain Based Remittance Service”
Bitcoin, and the crypto-economy that it presides over as the king of the digital currencies, is enduring a tough January. Read more “$500m Crypto Heist Puts Bitcoin, Digital Currency Security Issues In Spotlight Again”
Was bitcoin ever designed for the kind of mass adoption we are seeing today?
In theory, it was. Anybody who has read the original bitcoin white paper will know that the crypto coin was designed for one very specific purpose; to be the currency of the internet. Read more “Exploding The Bitcoin Myth; The Factors Behind The Rise, & Recent Fall Of Crypto”
This content is sourced and brought to you by The Money Cloud – comparing the best rates for sending money overseas offered by hand-picked, regulated brokers and money transfer agencies.
Most of us have heard of it, but are we buying it? After a rocky first few years, when it was seen as little more than a vehicle for the ill-gotten gains of drug dealers, money launderers and terrorists, bitcoin, the concept, successfully overcame the doubters in 2017, leading to a stunning hike in the price of the digital currency, from less than $1,000 dollars in January, to above $19,500 by the end of December. Read more “The Bitcoin Phenomenon; Is It A Myth That We Are All Buying The Digital Currency?”
This content is sourced and brought to you by The Money Cloud – comparing the best rates for sending money overseas offered by hand-picked, regulated brokers and money transfer agencies.
Bitcoin speculators in the UK are facing high fees for transferring their digital crypto gains into fiat currency, because digital currency exchanges are struggling to build relationships with UK based banks, the FT revealed over the weekend.
UK banks are apparently “taking a lot more time to get comfortable” when it comes to dealing with bitcoin, or cryptocurrency exchanges, than their European and US counterparts, according to Obi Nwosu, chief executive of Coinfloor, the cryptocurrency exchange. Read more “Bitcoin’s Exchange Issues; Crypto Speculators In UK Struggling To “Cash Out””