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Can Facebook’s Latest Project Re-Invigorate the Crypto Space?

Can Facebook's Latest Project Re-Invigorate the Crypto Space_

With Facebook about to enter the cryptocurrency arena, the industry is awash with opinions about how exactly the arrival of the much-discussed coin will impact on all aspects of the digital currency market, and whether these impacts will be negative, positive or a mixture of both. Facebook’s original vision, created by a small group of enthusiastic students, was pretty profound. …


Research: Banks Holding Back on DLT Due to Collective Bitcoin Distrust Psyche

Research_ Banks Holding Back on DLT Due to Collective Bitcoin Distrust Psyche

Retail banking continues to tread with caution before adopting blockchain, and it is Bitcoin’s 2017 rise and fall scenario which drives the distrust according to a recent report. The potential of blockchain is being missed according to an earlier report which claims that Bitcoin lost its credibility with banks after its rise and fall in 2017. The possibility of using …


BitPay Downtime Leaves Customers Without Service for 2nd Day

Bitpay Goes Down Leaving Customers Without a Service

Many customers were left frustrated and annoyed as BitPay’s outage moved into a second day after being shut down for undisclosed reasons yesterday. The (BTC) payment processing service is receiving plenty of criticism from users today as those reliant on the company for payments and salaries were left without an answer after attempting to contact Bitpay’s Support portal. Hello, our …


SEC More Informed Than Expected at DC Blockchain Forum

SEC More Informed Than Expected at DC Blockchain Forum

The week started with the much-awaited Securities and Exchange Commission’s (SEC) first Fintech Forum, held on 31 June in Washington DC. Issues on the agenda were expected to be related to cryptocurrency assets and DLT with key SEC officials being joined by various legal, financial and technical experts, but what surprised experts was the degree of knowledge SEC representatives already …


Crypto Over Cash: US Congressional Research Service Take A Look

Crypto Over Cash_ US Congressional Research Service Take A Look

Recent research by the Congressional Research Service (CRS) in the US has revealed that there is a migration away from cash in retail transactions, adding to the possibility that alternative methods of payments including cryptocurrency could gain traction moving forward. The May 10th report by the CRS indicates that alternative non-cash payment systems, including bitcoin or other digital assets, in …


Financial Stability Board Assesses Crypto Regulations Pre-Osaka G20

Financial Stability Board Assesses Crypto Regulations Pre-Osaka G20 (3)

The Financial Stability Board (FSB) and other international financial standard setters are currently working on a variety of crypto-assets issues and risks with the next G20 just around the corner. The Swiss-based FSB released their own take on what direction to take prior to the G20 named “Crypto-assets Work underway, regulatory approaches and potential gaps.” This report highlighted some of …


Today’s SEC Blockchain Forum Could Open Up Old Debate of Crypto as Security

Today’s SEC Blockchain Forum Could Open Up Old Debate of Crypto as Security

The Securities and Exchange Commission (SEC) is breaking new, and hopefully positive, ground with its first Fin Tech Forum held on 31 June in Washington DC. Issues on the agenda will clearly be related to cryptocurrency assets and DLT with key SEC officials being joined by various legal, financial and technical experts. The key term is cryptocurrency “assets” as the Kin …


IBM’s Departing Blockchain Chief Still Stands by Bitcoin Million-Dollar Prediction

IBM's Departing Blockchain Chief Still Stands By Bitcoin Million Dollar Prediction

IBM head of blockchain Jesse Lund has gone in an unexpected move but he says he’s still backing blockchain as a payment platform. Lund is noted for his prediction that Bitcoin will rocket over time to hit the USD 1 million mark, and appears to be backing that earlier enthusiasm having said that “I like that number because if Bitcoin’s …


Malta Offers 19 DLT Scholarships in Bid to Push Blockchain Education

Malta Offers 19 DLT Scholarships in Bid to Push Blockchain Education

Blockchain-friendly Malta is never slow to come forward with new crypto innovations and is now launching further into the education sector to prepare for the future with 19 students recently being awarded DLT grants. Dubbed “Blockchain Island” by both the prime minister Joseph Muscat and Silvio Schembri, the Parliamentary Secretary for Financial Services, Digital Economy and Innovation, the DLT Scholarship …


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