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Blockchain & Cryptocurrency Con 2018 • February 23-24, 2018

The blockchain technology is much more than Bitcoin and mining and trading cryptocurrencies. It can be leveraged in a wide…

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Tag: banks

Manager of Bank of International Settlements Adds Voice to Cryptocurrency Condemnation

Category: Bitcoin, Commentary, Finance, News, Regulation

Manager of Bank of International Settlements Adds Voice to Cryptocurrency Condemnation

Economist Agustin Carstens, the general manager of the Bank of International Settlements, voiced a low opinion of cryptocurrencies in his first public speech since his appointment in December. He called on authorities to clamp down before they become further entrenched in the international financial system. Speculative Mania, not a Currency Speaking at Goethe University in Frankfurt, Carstens expressed his opinion…

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Banks Should Take it Slow and Steady in the Blockchain Race

Category: Business, Finance, News, Tech

Banks Should Take it Slow and Steady in the Blockchain Race

Banks and financial institutions are rushing the development and implementation of blockchain technology. Some banks have entered into a blockchain patent war, obtaining as many licenses and rights to certain blockchain solutions, as covered by BTCManager in early January. However, some analysts including Steve Wilson at Constellation Research believe banks must slow down and cautiously approach the development of blockchain-based…

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