Because of its disruptive nature, Bitcoin and other cryptocurrencies sit very uneasily with the traditional banking sector as there is a fear the digital currency could render them obsolete. The UK boasts about its relative dominance in the fintech sector, but its own banks are making life difficult for the country’s bitcoin businesses. Source: Bitcoin […]
Sales of digital tokens like Tezos coins have concerned regulators and become a sign for some investors of a bubble in the cryptocurrency world. One of the year’s biggest initial coin offerings, a $232 million token sale by Tezos, is embroiled in a management fight that is threatening the deal and highlighting the risks in this red-hot […]
This is particularly noteworthy, because even though Delaware is a small state, the majority of all corporations in the US are based in Delaware. Source: Delaware Approves Tracking of Stock Ownership on Blockchain, Major Effects
Criminals Thought Bitcoin Was the Perfect Hiding Place, but They Thought Wrong – MIT Technology Review
“Follow the money” has been one of the best ways to track down and capture criminals but cyber criminals are finding new ways to avoid this. …while Bitcoin users can withhold their identities, they can’t avoid revealing other information that can be useful to investigators. Every Bitcoin transaction is recorded on its blockchain, a publicly accessible […]
Q2 at a glance: Cryptocurrencies hit all-time valuations. ICOs emerge as an industry force. The asset class diversifies and bitcoin’s total dominance wanes. CoinDesk is releasing its latest State of Blockchain report, one that retraces what was a historic quarter for the emerging industry. Source: Historic Quarter: CoinDesk Launches Q2 State of Blockchain Report – […]
What will happen to payments in the future? Will people prefer digital currencies like Bitcoin over traditional payment methods? This paper from Rand takes a look at some o these questions. As forms of transaction become more technically complicated, ensuring that the public understand the risks and impact of various forms of digital transaction […]
Episode 6 – Why Do Central Bank Hate Bitcoin Based Remittance If you are in the business of money transfer using bitcoin, you might want to give this a listen. It very briefly explains what central banks look for in remittances and why is it that they don’t like bitcoin based remittances.
Daily Fintech Podcast – Episode 3 – Can a US bank sponsor my company to provide money transmitter license?
Episode 3 – Can a US bank sponsor my company to provide money transmitter license? Can a State or a Nationwide Bank in the US sponsor my money transmitter licenses? Can they be the program manager and sponsor my startup under their license?