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1160

Africa’s Largest Online Marketplace Bidorbuy Adds Bitcoin Payments

To eliminate the financial security issues a lot of African e-commerce users have suffered from, Bidorbuy, Africa’s largest online market, began accepting Bitcoin payments March 3. (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends, InspirAsia, SME

March 23, 2016

880

Deals: A startup that helps police track criminals using bitcoin just raised $5 million

By Stan Higgins for Coindesk.com

Bitcoin surveillance startup Elliptic has raised $5m in Series A funding in a round that involved a private equity firm with strong US defense and intelligence connections. (more…)

Blockchain, Cryptocurrencies, Deals, Fintech news

March 21, 2016

1374

Chris Skinner: 5 major use cases for financial blockchains

by Chris Skinner for BankNXT

Chris Skinner reveals five use cases for emerging financial blockchains that stand out from the crowd for their short-term gains and long-term benefits.

(more…)

Blockchain, Cashless, Cryptocurrencies, Fintech news, Influences FinTech

March 18, 2016

1047

Why Latin American economies are turning to bitcoin

By Sonny Singh for techcrunch,

The economic prospects for Latin America in 2016 are grim. With political instability in some of the region’s largest economies, as well as a general slump in prices in oil and other commodities, businesses and consumers are facing a depression and, in the case of Venezuela, economic collapse.

(more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

March 17, 2016

1453

Deloitte: Blockchain Systems Could Rival ACH Network By 2025

By Pete Rizzo for Coindesk,

A new report by the Deloitte Center for Financial Services predicts that permissioned blockchain payment systems will see “significant transaction volume” by 2020. (more…)

Blockchain, Cryptocurrencies, Fintech news

March 14, 2016

699

Unlocking blockchain for the underbanked

by Jackie Hyland or techcrunch.com

As 2015 came to a close and the new year began, many thought leaders in the financial technology space made their predictions on the trends and innovations that will get us excitedin 2016. (more…)

Blockchain, Cryptocurrencies

March 14, 2016

617

We Must Regulate Bitcoin. Problem Is, We Don’t Understand It

By Primavera De Filippi for Wired

Bitcoin has failed. Bitcoin is the future. Bitcoin cannot be regulated. Bitcoin needs to be regulated. The debate over what will happen to the decentralized virtual currency has reached a cacophonous point, and now lawmakers around the world are wondering whether the time has finally come to regulate this emerging technology. (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

March 2, 2016

928

The Case for Ripple in the Age of Big Bank Blockchains

By Pete Rizzo for coindesk.com

Given its early emphasis on distributed ledgers in what was then widely described as the digital currency ecosystem, Ripple has long held a unique market position in the industry. In the age of “blockchain”, the startup remains one of the few holdouts to describe its offerings as “distributed financial technology”. (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

March 2, 2016

UK takes first steps towards open banking revolution

A banking revolution in terms of financial services will benefit from the UK’s Open Banking Standard. Story by Daoud Fakhri.

The Open Banking Working Group’s newly published recommendations on open platform banking will, if fully implemented, lead to a revolution in the provision of banking services to UK consumers.

(more…)

Blockchain, Cryptocurrencies, Fintech news

February 26, 2016

1036

JPMorgan testing remittance via Blockchain between 2,200 clients

By Samburaj Das for cryptocurrency news

JPMorgan Chase & Co has been testing a blockchain program over the past few months wherein US dollars are being moved between London and Tokyo using distributed ledger or blockchain technology, the same innovation used to power Bitcoin. (more…)

Blockchain, Cryptocurrencies, Fintech news

February 24, 2016

1906

7 Asian Banks Investigating Blockchain Tech

By , writer at Coindesk.com

Until recently, there was a noticeable lack of interest in bitcoin and the blockchain among the financial institutions of Asia. In fact, banks there were more likely to be issuing warnings about digital currencies than getting involved in any related activity. (more…)

Banks, Blockchain, Cashless, Cryptocurrencies, Global trends

February 17, 2016

1099

IBM Bets on Bitcoin Ledger

By Robert McMillan,

IBM, in a bid to establish a new standard for blockchain software, on Tuesday expects to contribute computer code it developed to a free, open-source project called Hyperledger. (more…)

Blockchain, Cryptocurrencies, news

February 16, 2016

UN Paper: Pushing Bitcoin for Third World Issues Can Be ‘Techno Colonialism’

By Daniel Palmer for Coindesk,

A new UN working paper argues that the bitcoin community has a tendency towards “techno-colonial solutionism” and “techno-libertarian evangelism” in proposing the digital currency as a solution to issues in the developing world. (more…)

Banks, Blockchain, Cryptocurrencies, Fintech news

February 12, 2016

820

Bank consortium R3CEV successfully tests Bitcoin tech in traditional bank transactions

By Nicky Capella for The Stack magazine,

R3CEV, a startup dedicated to bringing blockchain technology to traditional finance, yesterday ran a successful test of transactions between 11 of the world’s largest financial institutions. This represents a big step forward in bringing blockchain, the foundation for Bitcoin, to traditional banking. (more…)

Blockchain, Cryptocurrencies, Fintech news

January 21, 2016

638

Zcash, an Untraceable Bitcoin Alternative, Launches in Alpha

By Andy Greenberg for Wired.com,

BITCOIN MAY HAVE become the currency of choice for the anonymity-loving Internet underground. But it’s never been anonymous enough for Zooko Wilcox. As he’ll remind anyone who’ll listen, the blockchain, bitcoin’s very public ledger of all transactions in its crypto-economy, means that unless bitcoin’s users funnel it through intermediaries or special software, their transactions can easily be traced. (more…)

Blockchain, Cryptocurrencies, Fintech news

January 20, 2016

Bitcoin Exchange Kraken Acquires Coinsetter To Expand To The U.S.

By Romain DILLET for techcrunch,

According to Bitcoinity, Kraken is the largest EUR bitcoin exchange in the world with Bit-x and Gatecoin not far behind. But Kraken has one weakness — there isn’t much volume when it comes to other currencies. The company is trying to fix that by acquiring Coinsetter to expand to the U.S. and Canada — for real this time. (more…)

Blockchain, Cryptocurrencies, Fintech news

January 19, 2016

828

PayPal Adds Bitcoin Entrepreneur To Its Board To Focus On The Future Of Money

By Jon Russell for Techcrunch.com,

PayPal has made a notable move to position itself for the future of money and currency after it added seasoned fintech figure and bitcoin entrepreneur Wences Casares to its board. (more…)

Blockchain, Cryptocurrencies, Fintech news

January 14, 2016

628

CoinDesk Gets Acquired By Digital Currency Group

By Lucas Matney for Techcrunch.com,

CoinDesk, one of the leading bitcoin news sites, has been acquired by Digital Currency Group according to a post on the company’s site. A source close to CoinDesk tells TechCrunch the price of the deal was around $500-600k. (more…)

Blockchain, Cryptocurrencies, Fintech news

January 13, 2016

Australia bourse ASX invests $10m in US blockchain developer Digital Asset Holdings

By Swati Pandey for DealStreet Asia mag,

Australian markets operator ASX Ltd on Friday said it has bought a minority stake in a U.S. blockchain developer, positioning itself to become the first stock exchange in the world to use distributed ledger technology for public companies. (more…)

Blockchain, Cryptocurrencies, Fintech news

January 10, 2016

633

Deals: Singapore-based Bitcoin startup BitX raises new round of funding from Venturra Capital

By Duncan Miley for Silicon Angle,

Bitcoin startup BitX has raised an undisclosed new round of funding from South East Asia investment fund Venturra Capital. (more…)

Blockchain, Cryptocurrencies, Deals, Fintech news

January 3, 2016

1122

Singapore Bitcoin Startup, BitX, Gets $4M From Naspers And Digital Currency Group

TechInAsia: Bitcoin is in an interesting phase. With the flight of speculators following the crash of Bitcoin prices, startups in the space are making a slow climb up the “slope of enlightenment” in the hype cycle. It’s where the rubber meets the road. (more…)

Cryptocurrencies, Deals, Fintech news, InspirAsia, news, Singapore

July 21, 2015

1296

Uber For Banking? Coins.ph Turns People Into ATMs

TechInAsia: Philippine Bitcoin startup Coins.ph has come up with a way for you to move money without having to deal with a bank. A new service on its Bitcoin wallet called “Teller” turns anyone with a smartphone into an ATM, where you can deposit your money. Think Uber for banking. (more…)

Cryptocurrencies, Fintech news, InspirAsia, news, Philippines

July 21, 2015

1030

ShoCard Raises $1.5M For Its Digital Identity Card On The Blockchain

TechCrunch: What if you could get rid of your driver’s license? We’re not there yet, but ShoCard just raised $1.5M from Morado Ventures Partners, AME Cloud Ventures, Enspire Capital and Digital Currency Group to do just that. As a reminder, ShoCard certifies and stores ID documents into the Blockchain, so that you can securely retrieve them later and prove your identity whenever you need to. Its first use case is for bank and credit card identification processes. (more…)

Cryptocurrencies, Deals, Fintech news, news

July 17, 2015

1116

Bitcoin And Ripple, Reshaping Finance World

WIRED: Stefan Thomas, chief technology officer of Ripple Labs, wants to build something he calls the “internet of value”. “By value we’re talking about money but were also talking about stocks and bonds… intellectual property… anything you can think of that might have value,” he tells the audience at WIRED Money.

(more…)

Cryptocurrencies, Fintech news, news

July 12, 2015

1102

A Simple Guide To The Blockchain

WIRED: Ahead of the event, here’s everything you need to know about one of the biggest areas currently transforming the world of digital finance: the blockchain. (more…)

Cryptocurrencies, InspirAsia, Singapore

July 1, 2015

1091

Westpac and ANZ Experiment with Ripple

Coindesk: Two of Australia’s ‘big four’ banks, Westpac Banking Corporation and the Australia and New Zealand Banking Group, are experimenting with peer-to-peer transfers on the Ripple protocol.

The news, revealed by The Australian Financial Review, follows last month’s announcement that the Commonwealth Bank of Australia (CBA) – another ‘big four’ rival – is trialling the tech for transfers between its subsidiaries. At the time, CBA’s chief information officer David Whiteing described distributed protocols as “the way of the future”.

(more…)

Cryptocurrencies, Fintech news, news

June 11, 2015

1187

The Remittance Market: Bitcoin and MasterCard Send

TECHCRUNCH: Bitcoin’s most disrupting feature is its decentralized architecture. Indeed, bitcoin relies on a P2P network of computers to proceed money transfers. Each part of the network works to create new bitcoins (‘mining’), keep the network alive and validate transactions. All the transactions are registered in the blockchain that is used to validate a transaction using cryptography technology: it ensures that you can’t use a bitcoin you don’t own or you don’t use the same bitcoin more than once. This last action previously required a third party, but with bitcoin this is not the case anymore: the network replaces financial institutions and banks. (more…)

Cryptocurrencies, Fintech news, news, p2p-payments, Remittances

May 25, 2015

768

Bitcoin Exchange Receives First License in New York State

The New York Times: New York State’s top financial regulator has granted the first license to a Bitcoin exchange, allowing it to open legally to customers across the country. (more…)

Cryptocurrencies, Fintech news, news

May 7, 2015

795

Jeremy Allaire’s Bitcoin Startup Circle Takes $50M From Goldman Sachs, IDG

TECHCRUNCHCircle, the Bitcoin startup that veteran entrepreneur Jeremy Allaire started, just raised $50 million from Goldman Sachs and IDG Capital Partners. It’s another sign that the finance industry’s most powerful players are starting to take the crypto-currency and its ecosystem seriously. All of Circle’s existing investors including Breyer Capital, General Catalyst Partners, Accel Partners, Oak Investment Partners, Fenway Summer, Digital Currency Group and Pantera Capital participated. Rival Coinbase recently did a large growth round too that involved the New York Stock Exchange and USAA. (more…)

Cryptocurrencies, Deals, Fintech news, news

April 30, 2015

898

Coinbase Expands To The United Kingdom With Wallet, Exchange

TECHCRUNCH: About six months after it initially crossed the pond, Coinbase is finally landing in the United Kingdom. Coinbase is the bitcoin wallet and platform backed with more than $100 million from DFJ, NYSE and Andreessen Horowitz and that has attracted north of 2.7 million consumer accounts. (more…)

Cryptocurrencies, Fintech news, news

April 28, 2015