After hitting historic lows of $3,000 in the last week, Bitcoin is now stabilizing its price level with rising $600 and gradually shaking away the China new cryptocurrency policies and JP Morgan's CEO slandering comments. According to CryptoCompare data from this morning, September 15th, the price of Bitcoin has risen with around 2% to $3,620.…
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Up until recently, national banks and governments enjoyed a full monopoly over people. With the rise of cryptocurrencies and the sharp rise in fintech, "people's currency" is becoming more and more popular around the world. However, the monopoly over money has become a serious issue for both institutions and big-time CEOs. As a result, the…
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SETL and four asset management firms announced today the launch of IZNES, the pan-European fund record-keeping platform based on blockchain technology. The platform provides investors, asset management firms, distributors and wealth management advisers with easy and rapid access to fund units. The platform enables firms to enter into new relationships with investors, manage KYC processes,…
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As BTCChina announced that it will stop new users from registering from September 30th, the price of bitcoin fell down with $1000 since the start of the month. With speculation about the Chinese government banning all exchanges from trading bitcoin and launching their own cryptocurrency, and the comments of JPMorgan Chase CEO, Jamie Dimon, who…
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“Cashless India”, the Digital India Program of the Indian government, was announced over an year ago with the vision to transform India into a digitally empowered society and familiarize the country with digital currency and the future demise of cash. Thus, the Central Bank of India is currently looking into digitalizing the fiat rupee in…
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As of 2017, according to the Lawnmower Blockchain Index, blockchain assets outperform by far all global bond and stock indices, with +374% up as opposed to equities with +15.7% and bonds with +3.95%. At such growth levels and the overall bullishness of investors around the globe, it is no wonder that the cryptocurrency frenzy is…
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Digital currency and technology dedicated website CoinDesk has announced that outgoing American Banker editor-in-chief Marc Hochstein has joined the company in a senior editorial role. A 17-year veteran of SourceMedia, which owns American Banker, Hochstein will now serve as CoinDesk's first Managing Editor, a role in which he'll be working hands-on with editorial content, while…
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As China's BitKan announced it would officially ban both over-the-counter bitcoin and bitcoin cash transactions, bitcoin fell to around $3,800, denoting more than 20% drop in value, after reaching almost $5000. According to TheStreet, BitKan informed that as the trading of initial coin offerings or ICOs is also suspended, the ban on bitcoin was the…
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ICOBox, the provider of SaaS (software as a service) ICO technology, marketing, and legal solutions, announced that has launched a “blockchain jumpstarter” platform aimed at helping launch 800 ICOs in the first year of its operations, targeting $12 billion in total amount of funds collected. ICOBox’s ICOS token is the first token to provide its…
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UK financial regulator The FCA has added its voice to other watchdogs around the world, issuing a formal consumer warning about the risks of Initial Coin Offerings, or ICOs. A similar warning was made recently by Canada regulator CSA. What are ICOs? The term ICO refers to a digital way of raising funds from the…
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