Major Central Bank Institution BIS: Bitcoin Must Depart From Proof-of-Work
Bitcoin
Bitcoin

Major Central Bank Institution BIS: Bitcoin Must Depart From Proof-of-Work

btcethereumadmin - January 21, 2019

According to research conducted by the Bank for International Settlements, Bitcoin’s problems are only solvable by departing from proof-of-work. Bitcoin’s (BTC) problems are only solvable by departing…

South African Gov’t Reveals It Has No Plans to Ban Crypto in Recent Consultation Paper
Crypto News
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Crypto News
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South African Gov’t Reveals It Has No Plans to Ban Crypto in Recent Consultation Paper

btcethereumadmin - January 18, 2019

South African central bank has issued a jointly developed consultation paper, revealing that it does not intend to ban crypto. The South African Reserve Bank (SARB) has…

Canada Digital ID System Could Use Blockchain to Secure Data, Says Banking Executive
Blockchain
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Blockchain
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Canada Digital ID System Could Use Blockchain to Secure Data, Says Banking Executive

btcethereumadmin - January 16, 2019

The head of the Canadian Bankers Association has suggested blockchain has a specific use case in open banking structures. A Canadian banking group supports the idea of…

How Indian Crypto Users Avoid Banks Closing Their Accounts
Bitcoin
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Bitcoin
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How Indian Crypto Users Avoid Banks Closing Their Accounts

btcethereumadmin - January 16, 2019

Banks in India have been closing the accounts of customers they believe have made transactions involving cryptocurrencies. The majority of crypto users in the country, however, have…

DBS-owned Indian Bank to Close Account Over Crypto-Related Activity: Report
Altcoin
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Altcoin
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DBS-owned Indian Bank to Close Account Over Crypto-Related Activity: Report

btcethereumadmin - January 15, 2019

India’s first digital bank, the DBS-owned Digibank, is allegedly closing accounts involved in crypto-related activity. India’s first digital bank, Digibank, is allegedly closing accounts involved in cryptocurrency-related…

Banking Giant HSBC’s Blockchain Platform Processed $250 Billion in Forex in 2018
Blockchain
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Blockchain
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Banking Giant HSBC’s Blockchain Platform Processed $250 Billion in Forex in 2018

btcethereumadmin - January 15, 2019

HSBC has been operating blockchain-based forex payments for just ten months but has seen huge growth. International banking giant HSBC settled $250 billion of forex trades using…

Major Spanish Energy Company to Use Blockchain in Renewable Energy Tracking
Blockchain
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Blockchain
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Major Spanish Energy Company to Use Blockchain in Renewable Energy Tracking

btcethereumadmin - January 14, 2019

Major Spanish energy company Iberdrola has conducted a blockchain trial with two local banks to track the origins and use of renewable energy. Spain’s major energy company,…

Swiss Multi-Billion Dollar Bank Vontobel Launches Regulated Crypto Custody
Bitcoin
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Bitcoin
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Swiss Multi-Billion Dollar Bank Vontobel Launches Regulated Crypto Custody

btcethereumadmin - January 14, 2019

Major Swiss investment bank Vontobel has launched a digital assets’ custodial service for banks and asset managers Switzerland’s major private investment bank Vontobel has launched a crypto…

St. Louis Federal Reserve Report: Increased Supply of Altcoins Will Decrease BTC’s Value
Bitcoin
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Bitcoin
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St. Louis Federal Reserve Report: Increased Supply of Altcoins Will Decrease BTC’s Value

btcethereumadmin - January 12, 2019

According to the research, the creation of competing altcoins is likely to place downward pressure on the prices of all cryptocurrencies. The creation of competing altcoins is…

What We Know About Yellow Vests’ Bank Run and How Crypto Could Help It
Bitcoin
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Bitcoin
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What We Know About Yellow Vests’ Bank Run and How Crypto Could Help It

btcethereumadmin - January 12, 2019

French grassroots political movement is planning a bank run on Jan. 12. On Jan. 7, activists of the French grassroots political movement the Gilets Jaunes — Yellow…