2018-11-14 08:00 |
A Bank of America patent awarded Tuesday describes how an enterprise-level institution may store cryptocurrencies for customers.
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A report from the Bank for International Settlements titled “Money and payment systems in the digital age,” published November 1, 2018, suggests that leading cryptocurrencies such as bitcoin, ether, and stablecoin tether do not serve the primary functions of money, and are, therefore, a poor store of value.
2018-11-7 08:00 | |
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Like many late arrivals to cryptocurrency, Morgan Stanley doesn’t quite know what to make of bitcoin. The investment bank understands money, unless that money is peer-to-peer digital cash, in which case it struggles.
2018-11-1 17:30 | |
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The U. S. Patent and Trademark Office awarded a patent to Bank of America on Tuesday, allowing them to offer a “hardened storage device” that customers could use to store private keys for blockchain platforms.
2018-10-31 01:21 | |
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A new Bank of America patent outlines a "hardened storage device" that can protect private keys from theft.
2018-10-31 21:32 | |
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A new Bank of America patent outlines a "hardened storage device" that can protect private keys from theft.
2018-10-31 21:32 | |
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Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it.
2018-10-24 19:38 | |
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Digital currency businesses have seen several difficulties in securing banking services in the UK and now they have a new option. LBX has launched a new service which offers access to an account where customers can store, manage and transfer both their traditional currency and their holding of digital currency.
2018-10-11 13:30 | |
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GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY).
2018-10-10 02:10 | |
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Earlier this week news. Bitcoin. com received an email from an e-commerce shop owner who was having lots of issues dealing with traditional payment providers. Many of the problems stemmed from him not having a formal address and having bank accounts in different countries.
2018-10-4 04:25 | |
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Can bitcoin be used for social good? If anyone thinks so, it’s Ray Youssef, the CEO of peer-to-peer bitcoin platform Paxful. A successful entrepreneur in the crypto and blockchain space, Youssef comes from humble beginnings and understands the importance of maintaining control over one’s finances.
2018-9-15 21:50 | |
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Abra, an all-in-one crypto wallet and exchange, has revealed its support for Single Euro Payment Area (SEPA) bank accounts, which will allow those living in the SEPA zone, including 28 EU nations, to make direct transfers from European banks to Abra wallets.
2018-9-6 08:00 | |
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Mitsubishi UFJ Financial Group, one of the world’s largest financial groups, has been experimenting with using its own cryptocurrency, the Mufg coin, for payments at a convenience store for employees.
2018-9-2 02:50 | |
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When bitcoin was launched in 2009, the idea was to enable individuals to be their bank by allowing them to store, send and receive digital cash without the need for a financial intermediary. Since the early days of bitcoin, much has changed in the world of cryptocurrencies.
2018-8-28 13:00 | |
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I’m a sucker for stationary, seriously. My house is filled with unused notepads, my bag teems with pens, and, much to the annoyance of everyone around me, I slow down whenever I walk past a pretty-looking office supply store.
2018-8-9 18:43 | |
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Maerki Baumann — a private bank based in Zurich, Switzerland — has announced it will manage its clients’ cryptocurrency assets. This makes it the second Swiss bank to make such an announcement following Hypothekarbank Lenzburg (Hypi), which stated in June that it would open business accounts for cryptocurrency companies.
2018-8-7 23:23 | |
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Goldman Sachs is not optimistic for the near-term fate of cryptocurrency. Goldman is the latest global investment bank to take the view that cryptocurrency is neither a medium of exchange, “nor a unit of measurement, nor a store of value.
2018-8-4 22:19 | |
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Agricultural Bank of China Proposes Blockchain Technology for Farming Mortgage Loans According to Chinese news platform, financialnews. com. cn, the country’s largest bank, Agricultural Bank of China (ABC) has invested nearly 2 million yuan into potentially using blockchain technology to better collect and store information.
2018-8-1 10:01 | |
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“Having a secure network and proven infrastructure allows an app store kind of model, where banks can identify applications from certified fintech and software providers and deploy these apps over a seamless blockchain network,” Bear told CoinDesk.
2018-7-30 16:09 | |
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As we should all know by now, cryptocurrency in India is taking a bit of a hit. With the Reserve Bank of India (RBI) ruling against it and the supreme court looking likely to do the same thing, by the end of September cryptocurrency could seriously hit a dead-end in the country.
2018-7-26 16:30 | |
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Bitcoin payment startup Abra has announced the addition of Visa and Mastercard payment options for buying bitcoin on its platform. The new payment option is in partnership with fintech company Simplex, per the company’s blog post.
2018-7-13 00:38 | |
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In late 2009, Bitcoin founder Satoshi Nakamoto ushered in a groundbreaking approach to money by championing a digital payment system free from third-party intermediaries and governmental control.
2018-7-9 19:37 | |
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In late 2009, Bitcoin founder Satoshi Nakamoto ushered in a groundbreaking approach to money by championing a digital payment system free from third-party intermediaries and governmental control.
2018-7-5 19:37 | |
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A fully integrated contract genomics organization (CGO), WuXi NextCODE, has unveiled the world's first blockchain-enabled health databank — LifeCODE. ai. The launch was done alongside the user mobile application, LaiYin Tribe available on both Apple app store and Android platform, at the 2018 TechCrunch Summit in Hangzhou, China.
2018-7-3 10:11 | |
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Swiss Alps: A military-grade bunker has opened its vaults to permit wealthy cryptocurrency investors to securely store their coins. Think of the operation as a sort-of Swiss bank account for digital assets.
2018-6-27 22:01 | |
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A senior official at the Reserve Bank of Australia (RBA) has speculated that Bitcoin is unlikely to succeed in Australia because they already have a successful currency. The official compared the volatility of cryptocurrencies to stable fiat alternatives and cast doubt on Bitcoin as a store of value.
2018-6-26 21:00 | |
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The trend of ‘central banks’ talking about cryptocurrencies is warming up once more, with The Reserve Bank of Australia (RBA) and The Reserve Bank of New Zealand (RBNZ) weighing in on the debate. The pair have moved to debunk rumours that they are investigating in establishing their own central bank digital currency, on the basis that they believe such a project would inevitably damage their current banking system.
2018-6-26 17:00 | |
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Other investors included Ethereum co-founder Vitalik Buterin, Bankless Ventures and HackVC.
Other investors included Ethereum co-founder Vitalik Buterin, Bankless Ventures and HackVC.
A Bank of America patent awarded Tuesday describes how an enterprise-level institution may store cryptocurrencies for customers.