SEP 8 DIGEST: AXA Bank Considers BTC for Remittance Market; Bitcoin Group’s IPO Back on Track

French investment banking firm AXA is eying to use bitcoin for remittances; Australia-based Bitcoin mining operator Bitcoin Group is closer to being listed on the Australian stock exchange ASX, and more top stories for September 8.

AXA Bank Considers Bitcoin for Streamlining Remittance Market

French investment banking firm AXA is eying to use bitcoin for remittances so that it can streamline payments around the world. AXA is treating digital currency as an “investment thesis” through AXA Strategic Ventures, the bank’s US$223 million fund, and its accelerator, AXA Factory. The bank thinks that many use cases related to Bitcoin have not yet been explored.

Bitcoin Group is Back on Track to be Listed on ASX

Australia-based Bitcoin mining operator Bitcoin Group is closer to being listed on the Australian stock exchange ASX. The company re-released its prospectus after having to withdraw the documents following questions from regulators. It is raising AU$20 million by issuing 20 cent shares, using most of the cash to buy new Bitcoin mining equipment. It is expected to list on the ASX on November 11.

UPS Exec Dreams of a Bitcoin Future on Corporate Blog

Rimas Kapeskas, the Managing Director of the UPS Strategic Enterprise Fund, has posted a blog post on UPS Corporate blog site “Longitudes,” focusing on how the company can improve through new technologies. He clearly sees the limitations of technologies like credit cards that create issues with account settlements and currency exchange rates that increase costs and waste time. Kapeskas believes Bitcoin could be a vast improvement.

UPS Exec Dreams of a Bitcoin Future on Corporate Blog

South-Korean Law Enforcement to Launch Investigations on Altcoin Pump-and-Dump Schemes

South-Korean law enforcement is about to begin investigations on altcoin pump-and-dump and bitcoin Ponzi schemes. The Bank of Korea will support local law enforcement and agencies with the investigation and will provide the necessary infrastructure and technology to search for bitcoin-related scams. The joint investigation will also focus on the trading of altcoins that have no value or are suspected of being pump-and-dump schemes.

3 Wallets Want to Make Ethereum ‘Grandma-Friendly’

Ethereum took its first steps towards simplifying its user experience this week with the release of an EthereumWallet beta, a RushWallet version for the Bitcoin 2.0 platform. Cointelegraph decided to take a look at the 3 wallets that are aiming to end the era of command line