Digital Currency

Apple Co-Founder Steve Wozniak Joins Next Gen Payment Startup Planet Capital

2015-04-30 08:45 PM | William Suberg

Multi-function crossover ATM operator Planet Capital has announced that Apple co-founder Steve Wozniak is joining its board as an advisor and director.

Bill Gates Takes Digital Currency Advocacy to Primetime TV

2015-01-22 04:02 PM | William Suberg

Bill gates surprised listeners in an interview with Jimmy Fallon this week, saying that the future of increased financial liquidity in Africa for the everyday user lies in mobile payments, and not in the expansion of the traditional financial framework.

Ithaca, NY Launches its Own Digital Currency to Boost Local Economy

2015-07-22 01:35 PM | Barry Dolphin

A startup local currency has just launched the Ithaca dollar in Ithaca, NY, designed to not only promote investment in local businesses and bring the community together

7-Eleven Mexico Launches Virtual Currency 'Big Coins'

2015-03-27 08:50 AM | Diana Ngo

In a marketing effort, 7-Eleven Mexico announces the launch of its own virtual currency dubbed "Big Coins." The company is looking to retain customers and build its online presence by rewarding engaged consumers.

Actress Lucy Liu Goes Blockchain at Branson’s Caribbean Island Conference

2015-05-29 03:32 PM | Charlie Richards

The Blockchain Summit on Richard Branson's private island has attracted digital currency's top names, and even the likes of Hollywood's Lucy Liu.

Top 10 Benefits Bitcoin Provides New Users

2015-10-23 10:40 AM | Evander Smart

This list of 10 reasons for someone to get started with Bitcoin should help the new-to-intermediate user of Bitcoin get a better understanding of how Bitcoin and its ecosystem will work in the real world as we go forward.

Bank of England Issues Digital Currency Report: Bitcoin Possible Future Threat?

2014-09-14 04:36 PM | Carlo Caraluzzo

The Bank of England released a report today after what it termed a lengthy investigation about digital currencies like Bitcoin.

Ecuador’s National Digital Currency Experiment Explained

2014-10-23 12:15 PM | Carlo Caraluzzo

The tiny South American nation of Ecuador has begun its experiment with virtual currencies. The government announced earlier this year that they would be creating a government backed virtual currency in as a way to shore up a sagging economy that is currently being buoyed up by the US dollar.

California Considers US$5,000 BitLicense-style Scheme for “virtual currency”

2015-03-16 03:43 PM | Charlie Richards

The Californian state assembly is considering legislation that would require all “virtual currency” businesses to acquire a US$5,000 license to operate legally.

Citi Calls on UK Gov’t to Launch ‘Inevitable’ Digital Currency

2015-05-21 02:00 PM | Tom Jackson

Leading global bank Citi has called on the government of the United Kingdom (UK) to adopt a digital form of legal tender to reduce the cost of moving money, increase consumer spending and add greater liquidity to the market.

How Decentralizing the Music Industry with Digital Currency Might Make Taylor Swift Happy Again

2014-11-21 01:24 PM | Marie Jordan-Willmott

Entertainment news is buzzing with reports of Taylor Swift’s controversial decision to pull her music from online streaming site Spotify. We have reached a tipping point where artists are beginning to rebel against both legal and illegal downloading and the resulting shrink of their bank balances.

UK Government Pledges £10 mln To Digital Currency Research, Alongside Regulation

2015-03-18 05:34 PM | Charlie Richards

The UK government announced a US$14.6 million research fund to look into opportunities in digital currencies.

Bank of England: UK Should Ditch Fiat for Digital Currencies

2015-10-07 06:17 PM | Joseph Young

Andy Haldane recently proposed that the UK should switch from a fiat to a digital currency based economy to support the UK’s economic growth.

With Crypto Next PLC Anyone Can Setup a Digital Currency Exchange in a Matter of Hours

2014-10-26 02:55 PM | Diana Ngo

Isle of Man digital currency startup Crypto Next PLC unveils public beta global exchange platform at Inside Bitcoin Conference in Tel Aviv.

Is Bitcoin's Future Already in Your Pocket?

2015-04-24 01:31 PM | Charlie Richards

The growth in the bitcoin-funded debit card world shows a future path for the digital currency.

Is The P2P Era For Cryptocurrency Exchange Coming To An End? (Op-Ed)

2015-05-07 01:44 PM | Charlie Richards

As the digital currency sector faces increasing scrutiny from law enforcement and regulatory authorities, are the days of peer-to-peer services numbered?

UBS Developing Blockchain-based ‘Settlement Coin’

2015-09-16 02:32 PM | Erin Lace

Swiss banking giant UBS is developing a new blockchain-based currency "settlement coin" – a digital currency that’s backed by fiat money and fits into the existing regulatory framework.

Commission Wars: Bitcoin Exchanges’ Race to the Bottom

2015-04-17 03:08 PM | Charlie Richards

The days of high commission digital currency exchanges may be gone, for now. A trend developing in the digital currency exchange world has seen the costs of using these services fall as the developers work harder to attract and keep their user base.

First Licensed Digital Currency Broker-Dealer Genesis Trading Launches in the US

2015-04-17 12:28 PM | Diana Ngo

The former bitcoin trading division of SecondMarket, has relaunched under the new name Genesis Trading in bid to become "the partner of choice for large institutional buyers and sellers" in digital currency trading.

Hong Kong Announces Bitcoin will Remain Deregulated in Wake of MyCoin Collapse

2015-03-25 12:40 PM | Charlie Richards

Secretary of the Financial Services of Hong Kong, Professor KC Chan announces no intention to specifically regulate cryptocurrencies.

Bank of England Statement on Future Digital Currency and Blockchain Tech

2016-09-18 01:50 PM | Evander Smart

Bank of England has decided to revamp their financial services settlement system to include innovations like Bitcoin’s Blockchain technology.

New TV Series About Bitcoin-Like Digital Currency Premieres Tonight

2016-09-06 12:45 PM | Evander Smart

StartUp, a new television drama is set to focus on digital currency in a way the mainstream has never seen before.

Digital Currencies Like Bitcoin Could Increase UK GDP by $80 Billion

2016-08-19 04:51 PM | Olusegun Ogundeji

World Economic Forum has released a Youtube video titled: What would happen if the United Kingdom issued a digital currency like Bitcoin?

Will Central Banks Launch Their Own Bitcoin?

2016-08-17 04:45 PM | Shivdeep Dhaliwal

The world of banking is due for a huge upheaval if central banks go ahead and launch their own Bitcoin like cryptocurrency.

Corda Will Support Digital Currencies, R3 Confirms

2016-08-13 04:06 PM | Olusegun Ogundeji

Though it has no native cryptocurrency, R3’s Corda will support digital currencies on its platform later as it churns out more beneficial products for the financial sector.

EU to Register Digital Currency Users, Record Bitcoin Transactions

2016-07-25 06:18 PM | Joseph Young

The European Commission has submitted their plans to create a central database of digital currency users.

Australia Moves to Remove ‘Double Taxation’ on Digital Currency

2016-05-09 11:06 AM | Olusegun Ogundeji

For a month starting May 3, The Treasury of the Australian government will be accepting submissions from interested parties to comment on a newly-released discussion paper entitled ‘GST treatment of digital currency’ as part of the 2016-17 Budget.

Homeland Security Bitcoin Task Force Revealed by Department of Justice Indictment Form

2016-04-07 03:40 PM | Charlie McCombie

Rumour has long been that Homeland Security in the United States has been interested in Bitcoin’s role in the buying and selling of drugs and other illegal goods and services.

People’s Bank Of China Plans to Launch Its Own Digital Currency

2016-01-20 04:42 PM | Neer Varshney

China exploring digital currencies. Wants to reduce costs of production of money and achieve greater control over transactions

Top 10 Benefits Bitcoin Provides New Users

2015-10-23 10:40 AM | Evander Smart

This list of 10 reasons for someone to get started with Bitcoin should help the new-to-intermediate user of Bitcoin get a better understanding of how Bitcoin and its ecosystem will work in the real world as we go forward.

Bank of England: UK Should Ditch Fiat for Digital Currencies

2015-10-07 06:17 PM | Joseph Young

Andy Haldane recently proposed that the UK should switch from a fiat to a digital currency based economy to support the UK’s economic growth.

UBS Developing Blockchain-based ‘Settlement Coin’

2015-09-16 02:32 PM | Erin Lace

Swiss banking giant UBS is developing a new blockchain-based currency "settlement coin" – a digital currency that’s backed by fiat money and fits into the existing regulatory framework.

Canada Describes Bitcoin as ‘Special Foreign Property’

2015-07-24 10:14 AM | William Suberg

CRA has announced it views Bitcoin and digital currency as “specified foreign property” for tax purposes.

Ithaca, NY Launches its Own Digital Currency to Boost Local Economy

2015-07-22 01:35 PM | Barry Dolphin

A startup local currency has just launched the Ithaca dollar in Ithaca, NY, designed to not only promote investment in local businesses and bring the community together

Actress Lucy Liu Goes Blockchain at Branson’s Caribbean Island Conference

2015-05-29 03:32 PM | Charlie Richards

The Blockchain Summit on Richard Branson's private island has attracted digital currency's top names, and even the likes of Hollywood's Lucy Liu.

North Carolina Bill will be ‘Amended’ To Make BTC Businesses Comply

2015-05-26 07:18 PM | William Suberg

A bill placed before the North Carolina Senate could see the Old North State implement mandatory licensing for companies operating with digital currency.

Digital Payments Overtook Cash Transactions in 2014 in the UK

2015-05-23 09:01 AM | Walid Dib

According to the Financial Times (FT), cash transactions in the UK fell to 48% of overall payments last year, down from 52% in 2013.

Citi Calls on UK Gov’t to Launch ‘Inevitable’ Digital Currency

2015-05-21 02:00 PM | Tom Jackson

Leading global bank Citi has called on the government of the United Kingdom (UK) to adopt a digital form of legal tender to reduce the cost of moving money, increase consumer spending and add greater liquidity to the market.

DCC Survey: 12% Of US Consumers ‘Likely’ To Use Bitcoin In 2015

2015-05-15 09:46 AM | William Suberg

The latest survey by the Digital Currency Council (DCC) reveals a record 12% of US consumers were either “likely” or “highly likely” to use Bitcoin in 2015.

Is The P2P Era For Cryptocurrency Exchange Coming To An End? (Op-Ed)

2015-05-07 01:44 PM | Charlie Richards

As the digital currency sector faces increasing scrutiny from law enforcement and regulatory authorities, are the days of peer-to-peer services numbered?

How Decentralizing the Music Industry with Digital Currency Might Make Taylor Swift Happy Again

2014-11-21 01:24 PM | Marie Jordan-Willmott

Entertainment news is buzzing with reports of Taylor Swift’s controversial decision to pull her music from online streaming site Spotify. We have reached a tipping point where artists are beginning to rebel against both legal and illegal downloading and the resulting shrink of their bank balances.

Bill Gates Takes Digital Currency Advocacy to Primetime TV

2015-01-22 04:02 PM | William Suberg

Bill gates surprised listeners in an interview with Jimmy Fallon this week, saying that the future of increased financial liquidity in Africa for the everyday user lies in mobile payments, and not in the expansion of the traditional financial framework.

With Crypto Next PLC Anyone Can Setup a Digital Currency Exchange in a Matter of Hours

2014-10-26 02:55 PM | Diana Ngo

Isle of Man digital currency startup Crypto Next PLC unveils public beta global exchange platform at Inside Bitcoin Conference in Tel Aviv.

Top 10 Benefits Bitcoin Provides New Users

2015-10-23 10:40 AM | Evander Smart

This list of 10 reasons for someone to get started with Bitcoin should help the new-to-intermediate user of Bitcoin get a better understanding of how Bitcoin and its ecosystem will work in the real world as we go forward.

Canada Describes Bitcoin as ‘Special Foreign Property’

2015-07-24 10:14 AM | William Suberg

CRA has announced it views Bitcoin and digital currency as “specified foreign property” for tax purposes.

The ‘Age of Cryptocurrency’ Book: Two Outsiders Look In at Bitcoin and Digital Money

2015-01-30 11:44 AM | Cheryl Hulseapple

Adam B. Levine calls “The Age of Cryptocurrency” by Paul Vigna and Michael J. Casey “a very positive book about Bitcoin and cryptocurrency.”

California Considers US$5,000 BitLicense-style Scheme for “virtual currency”

2015-03-16 03:43 PM | Charlie Richards

The Californian state assembly is considering legislation that would require all “virtual currency” businesses to acquire a US$5,000 license to operate legally.

Bank of England: UK Should Ditch Fiat for Digital Currencies

2015-10-07 06:17 PM | Joseph Young

Andy Haldane recently proposed that the UK should switch from a fiat to a digital currency based economy to support the UK’s economic growth.

Ithaca, NY Launches its Own Digital Currency to Boost Local Economy

2015-07-22 01:35 PM | Barry Dolphin

A startup local currency has just launched the Ithaca dollar in Ithaca, NY, designed to not only promote investment in local businesses and bring the community together

People’s Bank Of China Plans to Launch Its Own Digital Currency

2016-01-20 04:42 PM | Neer Varshney

China exploring digital currencies. Wants to reduce costs of production of money and achieve greater control over transactions

Apple Co-Founder Steve Wozniak Joins Next Gen Payment Startup Planet Capital

2015-04-30 08:45 PM | William Suberg

Multi-function crossover ATM operator Planet Capital has announced that Apple co-founder Steve Wozniak is joining its board as an advisor and director.

The Digital Currency Dilemma: Anonymity vs. Privacy (Op-Ed)

2014-10-22 07:42 AM | Gavin Smith

If you want to be viable player on financial markets then the rules of Know Your Customer (KYC) and Anti Money Laundering (AML) measures need to be central to company policy. Fundamentally Bitstamp’s management misjudged the issue, in the development of their client base.

Ecuador’s National Digital Currency Experiment Explained

2014-10-23 12:15 PM | Carlo Caraluzzo

The tiny South American nation of Ecuador has begun its experiment with virtual currencies. The government announced earlier this year that they would be creating a government backed virtual currency in as a way to shore up a sagging economy that is currently being buoyed up by the US dollar.

Sir Richard Branson Endorses the Australian Digital Currency Commerce Association

2014-11-06 06:42 PM | Diana Ngo

Sir Richard Branson explains why he endorses the Australian Digital Currency Commerce Association and supports Bitcoin in an op-ed.

Ecuador’s First State-Issued “Limitless” Digital Currency Coming in December

2014-08-30 02:06 PM | William Suberg

Ecuador has announced that its government-backed digital currency will be ready for circulation by December in a move which analysts dispute is tantamount to replacing the US dollar as its legal tender.

UBS Developing Blockchain-based ‘Settlement Coin’

2015-09-16 02:32 PM | Erin Lace

Swiss banking giant UBS is developing a new blockchain-based currency "settlement coin" – a digital currency that’s backed by fiat money and fits into the existing regulatory framework.

Is Bitcoin's Future Already in Your Pocket?

2015-04-24 01:31 PM | Charlie Richards

The growth in the bitcoin-funded debit card world shows a future path for the digital currency.

Digital Currency for Digital Art: Can Monegraph Shake Up the Market?

2014-05-09 10:14 AM | Doug Coughlin

As digital artists try to spruce up selling GIFs and videos, some of which remain online for free, the challenge remains on how to put a price on digital art that can easily be duplicated.

North Carolina Bill will be ‘Amended’ To Make BTC Businesses Comply

2015-05-26 07:18 PM | William Suberg

A bill placed before the North Carolina Senate could see the Old North State implement mandatory licensing for companies operating with digital currency.

Is The P2P Era For Cryptocurrency Exchange Coming To An End? (Op-Ed)

2015-05-07 01:44 PM | Charlie Richards

As the digital currency sector faces increasing scrutiny from law enforcement and regulatory authorities, are the days of peer-to-peer services numbered?