Ripple Claims To Help Banks Save Substantial Global Settlement Costs
Feb 24, 2016 06:34 am UTC| Digital Currency
Ripple, distributed ledger technology provider, has released a report, titled The Cost-Cutting Case for Banks, in which it details the ROI of using Ripple and XRP for global interbank settlements. The analysis in the paper...
FxWirePro: BTC/USD faces strong support around $390, good to buy at dips
Feb 24, 2016 06:28 am UTC| Technicals Digital Currency
BTC/USD breaks minor support and declined till $409 at the time of writing. It is currently trading around $412. Short term trend is still bullish as long as support $390 holds. Any break below $390 confirms...
UK Financial Regulator Monitors Development Of Blockchain Technology, Yet To Take A Stance
Feb 24, 2016 05:25 am UTC| Digital Currency Law
The UK Financial Conduct Authority (FCA) recently expressed its views on fintech innovation, particularly addressing the issues such as how regulation can foster innovation in financial services and how can it ensure a...
Japan’s Financial Regulator Considers Treating Bitcoin As Currency Equivalent
Feb 24, 2016 05:08 am UTC| Digital Currency
The potential of digital currencies such as bitcoin to be used for money laundering and terrorism financing purposes is perhaps the reason that financial authorities across the world are quite cautious over their use and...
Mediachain Could End Media Industry Woes
Feb 23, 2016 12:21 pm UTC| Digital Currency
The potential of blockchain technology is being realized across multiple industries. The technology can, in particular, revolutionize the media sector where artists have for years faced the problem of lack of ability to...
SpectroCoin To Give Away Free Virtual Bitcoin Debit Card In March
Feb 23, 2016 10:57 am UTC| Digital Currency
SpectroCoin, a bitcoin exchange and wallet based in the UK, has announced that it will give away free virtual bitcoin debit card at the beginning of March. Last month, the company rolled out multi-currency wallets for...
JPMorgan Starts Testing Blockchain Technology For Dollar Transfers
Feb 23, 2016 10:17 am UTC| Digital Currency
As part of itseffort to boost spending to tackle emerging threats from Silicon Valley, J.P. Morgan Chase Co. has begun quietly testing blockchain technology on U.S. dollar transfers between London and Tokyo, The Wall...