itBit opens OTC Agency Trading Desk
Aug 11, 2015 09:02 am UTC| Digital Currency
itBit, a US-based bitcoin exchange, is launching an over-the-counter (OTC) trading desk, that will deal in large transactions of more than 100 bitcoins (equal to $27,600 at present).The exchange is the first ever bitcoin...
Bitcoin start-ups likely to emerge in Asia
Aug 11, 2015 05:32 am UTC| Digital Currency
Asian market is increasingly becoming the hotspot when it comes to financial technology investment, as the region has witnessed growth in remittances while banking sector in some countries is still not well developed. This...
BIT appoints Xapo as custodian of its assets
Aug 11, 2015 05:07 am UTC| Digital Currency
Bitcoin Investment Trust (BIT) has chosen Xapo, a bitcoin wallet and service provider, as the custodian of its assets thereby asserting its trust in the startups long-term sustainability. Grayscale Investments LLC, a...
California Bitcoin Regulation still faces opposition
Aug 11, 2015 04:45 am UTC| Digital Currency
A bitcoin industry think tank it still at loggerheads with digital advocacy groups over their stance on imminent legislation in California that seeks to regulate digital currencies. Introduced in February, the bill has...
Deutsche Bank releases report on blockchain
Aug 11, 2015 04:26 am UTC| Digital Currency
In a recent report titled Blockchain - attack is probably the best form of defence, Deutsche Bank has suggested that banks should try to make use of blockchain technologies as part of their efforts to protect their...
OCC calls for balanced Bitcoin regulation
Aug 11, 2015 04:05 am UTC| Digital Currency
Laying emphasis on a balanced approach to regulation governing the financial technology development in the US, the head of the Office of the Comptroller of the Currency (OCC) has cited bitcoin as one such example.Thomas...
Aug 10, 2015 11:09 am UTC| Digital Currency
Qora, a cryptocurrency platform that launched last year with much ado and later failed and disappeared within a few months, is planning a comeback. This time around it will have a Bitcoin exchange, social network features...