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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: Europe

ECB Concerned about the Spread of Cryptocurrency, Wants Global Response

Category: Bitcoin, News, Regulation

ECB Concerned about the Spread of Cryptocurrency, Wants Global Response

Executive board member of European Central Bank (ECB), Yves Mersch, recently recognized digital currencies have the potential to spread internationally and does not feel this is something regulators should continue ignoring. Mersch outlined that economies should prepare for a global response to cryptocurrency platforms as he expects the use of cryptocurrencies to continue with its current hype. In an interview…

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Only Global Rules Can Harness Bitcoin, Says European Bank Director

Category: Bitcoin, News, Regulation

Only Global Rules Can Harness Bitcoin, Says European Bank Director

Joachim Wuermeling, a member of the board of Bundesbank, Germany’s central bank, says only global regulations will be useful in controlling cryptocurrencies. His January 2018 statement comes on the heels of the introduction of increased EU regulations on digital currencies in December 2017. Controlling a Borderless Economy “Effective regulation of virtual currencies would therefore only be achievable through the greatest…

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The European Union Formulate Strict Cryptocurrency Regulations To Deter Terrorism Sponsorship

Category: Altcoins, Bitcoin, News, Regulation

The European Union Formulate Strict Cryptocurrency Regulations To Deter Terrorism Sponsorship

Cryptocurrencies provide an exciting and easy way to carry out financial transactions, due to their ability to offer cheaper money transfers, speed, pseudo-anonymity, and the elimination of third-party interference.

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Why the EU is Investing $540,000 in Blockchain Development and Pilot Test

Category: Blockchain, News, Regulation

Why the EU is Investing $540,000 in Blockchain Development and Pilot Test

The European Union (EU) has decided to invest $540,000 in the formation of the EU Blockchain Observatory to formulate efficient regulations and policies for companies and startups leading blockchain development. In an official statement released on April 18, the EU stated that the budget would be used to fund the EU Blockchain Observatory for two years. During that period, EU…

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Could Brexit Force Further Fintech and Cryptocurrency Innovation in the UK?

Category: Altcoins, Bitcoin, Business, News, Regulation

Could Brexit Force Further Fintech and Cryptocurrency Innovation in the UK?

The United Kingdom has relied on its financial services industry to drive economic growth for decades. However, in light of the British population’s vote to leave the European Union and, thereby, potentially lose the access to the European Single Market, the UK’s status as Europe’s leading financial hub may wane. Is this for better or for worse regarding the crypto…

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Dash Sprints To New Heights of Global Reach

Category: Altcoins, Business, Finance, News

Dash Sprints To New Heights of Global Reach

The cryptocurrency Dash is an open-source project that is rapidly gaining worldwide attention for delivering safe, decentralized financial solutions. Similar to digital cash, it can be spent easily and instantly online and at merchants and service providers worldwide. Now in a move signaling its growing global presence, Dash recently announced a couple of key partnerships in Europe and Russia. BitPanda,…

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Switzerland Enters a New Era of Banking With Xapo Approval

Category: Bitcoin, Business, Finance, News

Switzerland Enters a New Era of Banking With Xapo Approval

After almost two years of negotiations and product restructuring, Xapo, “the Fort Knox of bitcoin” has achieved conditional approval from the Swiss Financial Market Supervisory Authority (FINMA) to operate in Switzerland. Although subject to conditions, the approval marks the beginning of a new era of banking in Switzerland, offering a new type of digital financial intermediary to serve people, to…

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Hackers Extort Clients of Bank in Liechtenstein, Demand 10 percent of Balances

Category: Bitcoin, Business, News

Hackers Extort Clients of Bank in Liechtenstein, Demand 10 percent of Balances

Liechtenstein is known as a tax haven. Hackers claim to possess the bank account data of the clients of the country’s bank Valartis. To not report tax crimes they demand that the customers pay a ransom of 10 percent of their balance, in bitcoin. The principality of Liechtenstein is one of the tiniest nation states of the world. It is…

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Sweden’s Central Bank is Thinking About Using the Blockchain to Issue Digital Money

Category: News, Regulation, Tech

Sweden’s Central Bank is Thinking About Using the Blockchain to Issue Digital Money

Sure, it is no news that money has long become digital. The plans to issue an “eKrona”, as the deputy governor of the Riksbank disclosed this week, however, are still exciting. Cecilia Skingsley, deputy governor of the Swedish Riksbank, recently gave an interview to the Financial Times (FT). Since the interview is behind a paywall that demands a lot of…

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One in Five Users May Abandon Bitcoin Because of Privacy Concerns

Category: Bitcoin, News, Tech

One in Five Users May Abandon Bitcoin Because of Privacy Concerns

Three German scientists are researching the perspectives of Bitcoin users on privacy, where their preliminary results confirm that Bitcoin users are highly aware of privacy but lack knowledge about specific techniques to de-anonymize transactions. Privacy is a hot topic in the realm of Bitcoin. Scientists study how to anonymize and de-anonymize Bitcoin transactions, while companies already link addresses to identities…

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