2020-7-16 19:49 |
Digital dollars can promote a more inclusive financial system, or they can contribute to already-growing economic inequality in the U.S. origin »
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As the digital assets market matures beyond speculation, David Gan, Founder and General Partner of Inception Capital, is placing his conviction on one transformative shift: the rise of an automated financial system.
2025-10-7 15:18 | |
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Brian Armstrong believes that the US government needs to provide a clear regulatory framework for cryptocurrencies. He added that offshoring crypto hurts the American financial system. Armstrong argues that the traditional financial system hasn’t been updated in nearly four decades.
2023-3-2 12:39 | |
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Argentina is one of the many countries dealing with a virtually broken financial system. It now appears that the system will be overhauled by using blockchain technology courtesy of RSK. There is ample room for improvements in the financial sector.
2020-4-24 00:00 | |
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The last two weeks have proven how vulnerable the financial system is to shocks and innovation, says ConsenSys' fintech co-head.
2020-3-26 15:20 | |
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Coinspeaker ONCHAINID: The Universal Identification System Solving Compliance for Financial InstitutionsTokeny Solutions today announced the release of the ONCHAINID, the universal identity system that empowers financial institutions to unlock the significant benefits of using decentralized technology.
2020-1-22 01:57 | |
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As the global financial depression that crippled the world in 2008 came to an end, a peculiar financial system came to life and is today known as Bitcoin (BTC). During bitcoins launch on 3rd January 2009, the cryptocurrency’s anonymous founder, Satoshi, said the system is set in place to help bridge the inequality gap that […]
2019-12-23 22:06 | |
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The already existing global financial system has led to numerous inequalities, thus raising the question of how we can make wealth-building tools more accessible to the rest of the global population.
2019-9-25 12:00 | |
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Jeremy Allaire, head of Circle, Inc., presented the case for cryptocurrency and its place in amending the global financial system.
2019-7-31 17:02 | |
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The global financial crisis taught financial system leaders to plan for the “known unknowns.” Bank stress tests may have to evolve.
2019-3-2 00:04 | |
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The People’s Bank of China (PBoC) has shown extreme confidence in the superiority of fiat systems over cryptocurrencies. China’s central bank refused to acknowledge blockchain and its derivatives as catalysts for financial innovation.
2018-11-12 20:00 | |
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Patrick Byrne, the head of Overstock, believes that people will turn to digital currencies once our traditional financial system collapses like a house of cards.
2018-11-12 19:13 | |
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Da Hongfei, Founder of NEO —the blockchain known as the Chinese Ethereum— was recently interviewed on the Project’s official blog on the occasion of the second anniversary of the launch of its mainnet.
2018-11-10 08:19 | |
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The Central Bank of Iran has been cut off from the global monetary system, after the Swift banking network bowed to U. S. pressure. The move leaves Iran’s 81 million citizens financially excluded and facing serious economic consequences, amidst renewed U.
2018-11-9 19:10 | |
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In the current financial system, banks misuse their monopoly over fiat to prevent the crypto industry from accessing the competitive and alternative financial system. Additionally, banks deny crypto businesses and miners the access to regular banking services such as loans, funds transfers, deposits and withdrawals, which essentially creates a barrier to conducting business using cryptocurrencies. […]
2018-11-9 13:05 | |
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Collapse of the financial system, broken lives of thousands of uninvolved people and subsequent economic recession – all of that mess brought the year of 2008. Satoshi Nakamoto realised that banking system inefficiencies can be solved by eliminating human factor from the equation, something that peer-to-peer technology could offer, so Bitcoin was born.
2018-11-8 15:30 | |
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Hackers Attack Gate.io Exchange Infecting 700,000 StatCounter Sites with Bitcoin-Stealing Malware Hackers Attack Gate.io Exchange Infecting 700,000 StatCounter Sites With Bitcoin-Stealing Malware Overstock CEO Boldly Claims Bitcoin is the Solution After the Looming Financial System Collapse Overstock CEO Boldly Claims Bitcoin is the Solution After the Looming Financial System Collapse Respected Bitcoin Trader ‘Crypto Rand' […]
2018-11-8 08:13 | |
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In a recent interview, Overstock CEO Patrick Byrne described the entire modern financial system as a “big Keynesian magic money tree ponzi scheme,” adding that its collapse will usher in the global adoption of cryptocurrency.
2018-11-8 03:34 | |
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The central bank of Israel has published a summary of the work of its interdepartmental team to examine central bank digital currency and its eventual use in the country’s financial system. The research found there are no proper grounds for a decision to recommend issuing digital currency as of yet.
2018-11-8 02:30 | |
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Bitstamp, a Luxembourg-based cryptocurrency exchange, and Cinnober, a global independent provider of trading and clearing technology for the financial sector, recently partnered to increase the Bitstamp platform’s order matching speed and throughput.
2018-11-8 02:00 | |
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New Economic Sanctions in US Leads To Withdrawal of Multiple Crypto Exchanges From Iran In an announcement from the US government, new economic sanctions have been established that will prevent the majority of the world from using many of Iran’s major resources, including their oil, shipping, and gas market. Their financial system is included in […]
2018-11-8 01:18 | |
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As Bitcoin approaches its 10th anniversary, its community, old and new, has begun taking stock of how a decade has come to alter or define the cryptocurrency — and what Bitcoin has done to alter or define the decade.
2018-11-7 19:56 | |
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Patrick Byrne, the CEO of Overstock. com made interesting revelations in a recent interview with Naomi Brockwell, a YouTuber. Byrne described himself as “a national security libertarian” and believes that blockchain technology gives people freedom, privacy, and anonymity, which is both a good and a bad thing depending on the individuals involved.
2018-11-7 16:59 | |
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Two years post its mainnet’s arrival on the crypto and blockchain market, Neo is going strong. It is now the 15th largest crypto coin in the world with over $1 billion in market capitalization. The founder of Neo, Da Hongfei recently sat with 8btc for an in-depth interview about blockchain, stablecoins and the state of the […] NEO Founder Da Hongfei Talks About Blockchains, Says They Can Barely Survive in Current Financial Regulation System was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-11-6 15:29 | |
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Ripple, the company that created XRP, has been one of the big companies leading the pack in terms of development of blockchain-based products. The products are focused on providing solutions to the many financial institutions struggling with the shortcomings of the current system.
2018-11-3 03:12 | |
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In a press release, BitMart Exchange, a cryptocurrency trading platform, has listed a Goldman Sachs-backed stablecoin, USD Coin (USDC). Issued by Circle, a cryptocurrency firm, the dollar-pegged digital asset will allow BitMart to have a more open financial system.
2018-11-2 21:55 | |
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The Bank of Canada (BoC) is working on a new and innovative concept for a bank – a proof-of-concept approach. Two other industries, the private sector and academia, are helping it achieve its goal. Together, they’ll establish a new financial technology that features an underlying blockchain system and that prioritizes DLT. Interestingly enough, the BoC […]
2018-11-2 01:39 | |
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Bitcoin ATM Operator Coinsource has been granted a BitLicense by the New York Department of Financial Services (NYDFS). Based in Texas, Coinsource deploys Bitcoin ATMs to key population centers across the world with over 200 machines installed in the U.
2018-11-1 19:11 | |
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Over a quarter of affluent millennials are currently using or holding cryptocurrencies. According to a Millennials & Money Report by Edelman’s Financial Services Sector Team, many affluent millennials have diversified their portfolio holdings into cryptocurrencies because they are wary of the financial system and concerned with the international ever-growing uncertain economic environment.
2018-11-1 15:29 | |
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Microsoft recently partnered with Nasdaq to integrate the Microsoft Azure Blockchain into Nasdaq’s Financial Framework, a technology software that provides end-to-end infrastructure for financial providers.
2018-11-1 10:00 | |
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A big chunk of wealthy American millennials have either warmed up to cryptocurrencies or are considering embracing them, reveals a recent report. Millennials with Money, a report by Edelman has found that 25% of American millennials, aged between 24 and 38, and earning $100,000 in individual or joint income, or owning $50,000 in investable assets,.
2018-11-1 00:00 | |
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In a bid to lower the barriers to mainstream adoption of blockchain technology, professional services giant Ernst & Young (EY) has launched a solution that it claims will allow companies to transact privately on Ethereum’s blockchain using zero-knowledge proof (ZKP).
2018-11-1 22:33 | |
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Ten years ago, on October 31, 2008 an unknown person or entity called Satoshi Nakamoto published the revolutionary whitepaper “Bitcoin: A Peer-to-Peer Electronic Cash System” which birthed a $200 billion crypto industry and game-changing blockchain tech and turned the financial world on its head.
2018-11-1 21:49 | |
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In market boosting news, the Bank of Canada (BoC) is building a proof-of-concept system with help from the private sector and academia. The objective, is to help them (BoC) better understand new financial technologies of which blockchain and DLT is top priority.
2018-10-31 15:57 | |
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In a press release published yesterday, Microsoft announced it would be bringing its Azure blockchain technology to Nasdaq’s Financial Framework (NFF) system. Nasdaq’s Financial Framework will integrate with Microsoft’s Azure blockchain to build a platform that does not rely on one particular distributed ledger.
2018-10-31 13:20 | |
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CoVEX is a blockchain-based financial ecosystem of FinTech services. The primary objective of CoVEX is to initiate meaningful changes within the crypto markets to allow a wide range of non-technical users also take advantage of the great potentials that the cryptosystems are offering.
2018-10-31 12:41 | |
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As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency.
2018-11-1 23:35 | |
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If any company is to lift the cup for the most ambitious financial solutions developer of late, it’s Ripple. Just recently, the company launched the fund transfer solutions named xRapid and xCurrent.
2018-10-30 21:29 | |
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Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion. Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post.
2018-10-31 20:51 | |
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Lead of Google’s Wireless Messaging system RCS – Amir Sarhangi, has joined the San Francisco based distributed ledger – blockchain startup Ripple as Vice President of Products. The team behind the third largest cryptocoin XRP, RippleNet and various financial/global payment solutions is excited to have Mr.
2018-10-29 01:00 | |
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It’s been ten years since Satoshi Nakamoto published the Bitcoin White Paper and introduced cryptocurrencies to the world. His radical vision of a decentralized peer-to-peer electronic cash system was groundbreaking, as it sought to rebuild the structures that upheld our global financial institutions.
2018-10-27 17:00 | |
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The judge presiding over a class action lawsuit against Coinbase over allegations of insider trading has approved Coinbase’s motion to dismiss the suit. In March of 2018, Jeffrey Berk filed a class action lawsuit in the Northern District of California on behalf of himself and other investors against Coinbase.
2018-10-26 22:26 | |
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Despite the persisting bear market and low market sentiment, the potential impacts of cryptocurrency and blockchain technology remain astounding, and many investors have maintained their confidence in this fact.
2018-10-24 21:00 | |
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David Chaum, the cryptographer credited with starting the cypherpunk movement in the 1980s and launching eCash, an early form of virtual money in the 1990s, thinks people are taking financial privacy a lot more seriously these days.
2018-10-24 18:02 | |
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The deputy governor of the Bank of Japan, Masoyoshi Amamiya, has recently revealed how the banks view cryptos during a lecture meeting at the Japan Society of Monetary Economics. The banker has affirmed that it is debatable whether cryptos have any serious merit to improve the existing financial system. According to it, he does not […]
2018-10-24 07:04 | |
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Coinbase is integrating its first stablecoin, joining other top exchanges in what has become a listing race to add Tether’s rising competitors. As detailed in an October 23, 2018, blog post, Coinbase has added support for Circle’s USD Coin (USDC).
2018-10-24 20:14 | |
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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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Circle and Coinbase have co-founded the CENTRE Consortium, a joint venture aimed at establishing a standard for fiat on the internet and providing a governance framework and network for the global, mainstream adoption of fiat stablecoins.
2018-10-30 19:03 | |
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Bitcoin is the world’s first decentralized currency. Satoshi Nakamoto, its perceived creator, describes it as a peer-to-peer version of electronic cash system. This system would allow online payments to be sent directly from one person to another without having to go through a financial institution.
2018-10-23 11:20 | |
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The Securities and Markets Stakeholder Group (SMSG) has released a new report suggesting that the European Securities and Markets Authority (ESMA) recommend to the European Commission that it regulate the cryptocurrency space with existing legislation rather than instilling new rules and laws.
2018-10-23 00:41 | |
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Governor Michelle Bowman suggests other payments services, including FedNow, may do a CBDC's job better, and she's also suspicious of the dangers of stablecoins.
Governor Michelle Bowman suggests other payments services, including FedNow, may do a CBDC's job better, and she's also suspicious of the dangers of stablecoins.
A crypto-related bill meant to stifle a future U.S. central bank digital currency is now heading toward consideration on the floor of the U.S. House of Representatives after committee approval Wednesday, marking further progress for digital assets legislation in Congress.
On Sep. 20 the House Financial Services Committee will mark up two bills blocking a potential digital dollar in the United States.
The idea of a digital dollar in the U. S. is so egregious to Republican lawmakers that it’s become a presidential campaign talking point and the subject of multiple bills to strangle it before it takes a first breath.
The idea of a digital dollar in the U. S. is so egregious to Republican lawmakers that it’s become a presidential campaign talking point and the subject of multiple bills to strangle it before it takes a first breath.
Following an August recess, members of the House Financial Services Committee will gather for a “Digital Dollar Dilemma” hearing on Sept. 14.