Michaela Juric, aka Bitcoin Babe, an Australian based Bitcoin trader, has seen one of her bank accounts abruptly shut down after selling around $10000 of Bitcoin, on claims of fraud from the bank.
More big consultancy groups noticed a major shift in technology trends starting in financial and spreading to other sectors as they do not want to be left behind.
The Central Bank of Nigeria has banned the use of Naira denominated ATM cards abroad. Could this mean an explosion for the Bitcoin market in the country?
Inconsistent policies surrounding fiat in Nigeria has caused panic. It seems the perfect opportunity for Bitcoin startups in Africa.
Banks may start applying blockchain technology to scoring in 2016. That is the forecast of the 4th largest search engine worldwide company Yandex.
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Central Bank of Kenya has warned public against Bitcoin and other virtual currencies citing its non legal tender and no regulated status.
The WEF was dedicated to the Fourth Industrial Revolution and FinTech. The World’s financial and banking giants again shared their attitude to Bitcoin and Blockchain technology.
Leading global companies, from IBM, Intel and Microsoft to Nasdaq and DNB, are adopting new plans to benefit from the blockchain technology through streamlining their processes.
Four cryptocurrency adoption experts share their tips and tricks for how to bring crypto to the average Joe.
Despite its perceived frustrations, compliance seems to be an interesting concept that is entrenched in today’s Bitcoin world.
A brief guide on how to avoid capital controls and move money out of China.
Is the Netherlands equipping itself to be the next big innovator in the blockchain world?
The UK Government explores Blockchain as a possible way to increase efficiency. Bitcoin’s distributed ledger may help distribute taxpayers’ money as well as grants and student loans.
According to a new report, conducted by Juniper Research, the price of Bitcoin could experience a massive increase.
The Central Banks of Japan and Europe have imposed negative interest rates on deposits. Would these blunt monetary tools of Central Bankers be effective if bitcoin adoption becomes widespread?
Faced with a rapidly devaluing peso, the Mexican central bank has hiked rates, possibly triggering a slumping economy. Using Bitcoin allows citizens of Mexico to avoid their current currency troubles.
Negative interest rates and the blocking of mass-moving of assets to cash may cause people to turn to Bitcoin and other cryptocurrencies as the solution.
Reserve Bank of India explores the Blockchain as a solution to cash use and deep-rooted tax avoidance.
According to chief economist of Deutsche Bank, European banks urgently need a $166 billion bailout.
Stringent Know Your Customer (KYC) norms and tedious opening account procedures have made opening a bank account in the US more difficult than buying a gun. Could Bitcoin fill the void for a universally accessible bank account?
German banks may have violated EU competition law by placing restrictions on non-bank payment services.
A Bank of England research proposes that policymakers should create a bitcoin-like central bank currency.
Over the first six months of 2016, Bitcoin trading volumes in Brazil surpassed that of gold by 7 percent.
UK-based fintech company ThoughtMachine recently released their blockchain-based operating system specifically designed for banking known as Vault OS.
R3 Consortium gets truly global by the addition of its first African bank.
The Central Bank of Russia and a number of large financial institutions sign a memorandum to begin collaborative work on researching and testing of Blockchain technology.
ICICI Bank, India’s largest private bank, will focus on Blockchain technology to make its services more secure and create a more robust experience for its customers.
A bank accepting Bitcoin is unusual but one has just sprung up. Digital bank WB21 says it will be using BitPay’s Bitcoin payment processor for its addition of Bitcoin as a method for its over 650,000 customers.
The largest bank in Japan has confirmed that it is testing its digital currency using the Blockchain technology.
Aiming at accelerating innovation and developing a unified payment services sector, the European Commission has adopted the Payment Services Directive (PSD2), which is expected to bring vital changes.
With increasing adoption of internet-banking and mobile-banking, an extensive network of branches is no longer necessary for banks. Are bank branches headed for extinction?
Banks know Blockchain is a threat to the linchpin of their economics: the customer relationship, and the $1.7 trillion they made in 2014 from global payments revenue which is a massive 40% of their annual profits.
Norway’s largest bank DNB proposes to stop using cash as a means of payment in the country.
Circle, the social payment network backed by Goldman Sachs, has launched its services in the UK. Is regulation and big banks participation the pill that the doctor ordered for Bitcoin companies to flourish?
More of Iceland’s population holds cryptocurrency than anywhere else in the world. Could that, combined with recent political and financial scandals, propel it to crypto capital of the world?
Our expert Brandon Kostinuk, Communications Lead at Vanbex Group, analyses the role of the world’s unbanked in Fintech innovations and technological advancement.
According to BitPay annual report, business-to-business payments have made up over 10% of the transactions the firm processed over the past 12 months.
A Barclays team has demonstrated a derivative trade using Corda, a distributed ledger platform. What challenges does Corda have to overcome before becoming the future of derivative contracts?
Swift, the international settlement network which connects 11,000 global banks has likely been hacked according to a report by BAE Systems.
A new report announced an imminent tipping point for Fintech. The report by one of the world’s largest consulting firms is based on a survey of 16,000 customers in 32 countries and interviews with 140 industry experts.
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