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Cryptocurrency trade body

Cryptocurrency trade body formed by UK companies

Seven crypto companies operating in the UK have announced the formation of an independent cryptocurrency trade body
divorcing couples

Bitcoin causes clash between divorcing couples

Divorcing couples have been advised to disclose all assets amid fears that some may use digital currencies such as Bitcoin to hide their money
customer data

Microsoft harness blockchain technology to protect customer data

Microsoft has announced plans to use blockchain technology to create a decentralised identity system making it easier for consumers to self-control their customer data.
ICO issuers

ICOs for real estate

A number of ICO issuers have envisioned a future in which tokenized pieces of a property could be tracked and traded via shared database There are currently four ICO issuers with a real-estate component and more are to be expected in the future. They include; BitRent, a way to speed up...
ICO regulations

Gibraltar to introduce ‘World’s First’ ICO regulations

Gibraltar’s Government and Gibraltar Financial Services Commission announce that they will develop ICO regulations The draft law, which will be developed in the coming weeks, will aim to regulate the promotion, sale and distribution of digital tokens in Gibraltar. The law will also be the first ever set of regulations developed...
crypto mining

Crypto mining companies will consume more energy than households in 2018

Iceland is set to consume more energy for crypto mining than for household this year, according to the Associated Press Icelandic businessman Johan Snorri Sigurbergsson of the energy company Hitaveita Sudurnesja predicts a doubling of the country’s cryptocurrency mining energy consumption to 100 megawatts this year, more energy than the...
criminal money

Billions of criminal money laundered through cryptocurrencies

Three to four billion pounds of criminal money in Europe is being laundered through cryptocurrencies, according to Europol Europol, the European Union Agency for Law Enforcement Cooperation, estimates that about 3-4% of the £100bn in illegal proceeds in Europe are laundered through cryptocurrencies. Europol’s director Rob Wainwright has said that regulators...
cryptocurrency markets

Regulation within cryptocurrency markets

Alexander Larsen from the Institute of Risk Management (IRM) provides an in-depth look at the state of play concerning regulation within cryptocurrency markets According to Reuters: “Japan’s financial regulator said on 2nd February it had ordered all crypto - currency exchanges to submit a report on their system risk management,...
cryptocurrency jobs

Cryptocurrency jobs in India increase despite Delhi’s stance on bitcoin

Jobs and applicants for employment in the cryptocurrency sector have increased substantially according to the Indian Indeed branch The number of postings related to blockchain and cryptocurrency jobs has increased by 290%, along with its job searches containing crypto related keywords which have risen by 52%. The trend was reported by...
blockchain funding

European Union boosts blockchain funding for research

European Union will increase its blockchain funding from 83 million EUR to 340 million EUR by 2020 The European Union will increase research funding for blockchain after it recognised a lot of potential use cases for the technology, especially for administration and businesses. Distributed ledgers are seen as a major breakthrough...
exchange-traded fund

Canada approves first blockchain exchange-traded fund

Canada’s first exchange-traded fund (ETF) is set to launch on the Toronto Stock Exchange next week as the price of bitcoin continues to fall The independent Canadian investment management company filed the paperwork for its Blockchain Technologies ETF in January, as it seeks to provide Canadian investors an opportunity to...
cryptocurrency

deVere officially launches cryptocurrency app with bold Bitcoin predictions

Nigel Green, CEO of deVere group, announces cryptocurrency app launch and predicts demand for bitcoin will ‘sky rocket’ Available for Apple and Android, the new deVere cryptocurrency app allows its users to store, transfer and exchange Bitcoin, Ethereum and LiteCoin. More cryptocurrencies will be added in the coming weeks as the...
buy bitcoins

Lloyds Bank bans customers from using credit cards to buy bitcoins

Lloyds banking group has banned credit card customers from being able to buy bitcoins over fears it could lead to huge debt The group is thought to be the first bank in the UK to ban credit card customers from borrowing money to buy bitcoins due to its plunging value. The...
Blockchain Innovation

Blockchain Innovation February 2018

Welcome to the February 2018 Blockchain Innovation supplement. We begin with an article by Vice-President and European Commissioner for Digital Single Market, Andrus Ansip, who shares his thoughts on how digitisation is changing both people and society, including disruptive technologies such as blockchain. Updating us on the latest developments in...
cryptocurrency adverts

Facebook bans cryptocurrency adverts

Facebook's ban on cryptocurrency adverts has led to an 11% drop in the value of bitcoin Investors have become spooked by Facebook's advert ban on cryptocurrencies, causing bitcoin to drop to its lowest value since November 2017. The popular social media platform has decided to ban all ads promoting cryptocurrencies, in...
Cryto payment network

Blockchain in business: Telegram app said to launch its own crypto payment network

In this article, the founder and co-founder of the Blockchain Federation provide insight into the use of blockchain in business, including how the Telegram app is said to launch its own crypto payment network Ever since the smartphone, we all know Telegram as a worthy and very secure alternative to...

Blockchain – a “Fosbury flop” for the insurance industry?

Jags Rao, from Swiss Re explores how a maverick mentality can turn the tables on tradition and have a global impact Mexico City, 1968. The Summer Olympics. And the scene is the men’s high jump final. The whole stadium was stunned when a 21-year-old lanky American called Richard Douglas Fosbury...
What is Bitcoin Cryptocurrency?

What is Bitcoin Cryptocurrency?

Bitcoin this, Blockchain that. All we ever hear about lately is cryptocurrencies and how they are going to transform the world. But what exactly is cryptocurrency and how does it work? Cryptocurrency is a digital currency that uses cryptography for security, which makes it difficult to counterfeit. The most well-known...
Economic policies

European Commission Officials discuss economic policies for Cryptocurrencies

The European Commission has discussed the development of blockchain technology and how cryptocurrencies fit into international economic policies in a series of speeches Commissioner of the European Commission Digital Economy and Society Mariya Gabriel said “think blockchain” at the Digital-Life Design Conference in Munich as she determined how regulation and...
cryptocurrencies

European Central Bank to discuss cryptocurrencies with youth

The President of the European Central Bank (ECB) will be answering questions about bitcoin and blockchain via a series of videos Mario Draghi, the President of the European Central Bank, will respond to a number of questions that were submitted, on Tuesday 23 January 2018, to discuss the topic of...

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