The European Union has decided it won’t take a formal stance on regulating blockchain, at least for now. According to the EU parliamentary committee, now is not the time to regulate. Instead, the group determined it was best to keep a watchful eye over the technology...
Qiwi, a Russian payments provider, is showing some interest in blockchain technology. Despite the harsh regulatory environment for bitcoin and the blockchain in Russia, that doesn’t appear to have halted the ambitions of the company. A new report indicates that Qiwi has plans to launch...
MIT is pushing forward with its blockchain research — with the help of Ripple. As part of MIT Connection Science, a research initiative that applies data and analytics to build better societies, the school announced it was the first academic institution in North America to...
The debate over blockchain, distributed ledger technology and their usefulness may be ongoing, but one regulator has sanguine views about the potential. In remarks made at the Cato Institute on Tuesday (April 12), J. Christopher Giancarlo, commissioner of the U.S. Commodity Futures Trading Commission, said that...
Bitcoin plus blockchain plus banks still seems like an unlikely combination, despite news that JPMC and Citigroup have completed their tests about using it in support of credit default swaps. They say that the tests were successful, but details remain sketchy on what “success” really means....
Circle, the social payments app that runs on bitcoin’s blockchain, launched with support from Barclays as part of a new partnership. Circle was officially granted an e-money license by the U.K. watchdog group, Financial Conduct Authority. This marks a milestone for this digital currency company,...
Overstock’s CEO has a reputation for having an affinity for digital currency — which has been reflected in Overstock’s business plans — and now, the company has taken that vision a step further. The company announced late last week a $4 million investment in Bitt, a Caribbean-based...
The march toward bringing blockchain to new applications and services continues. As The Wall Street Journal reported Tuesday (March 29), Depository Trust & Clearing Corp. (DTCC), which WSJ said is “at the center of Wall Street’s trading infrastructure” and which settles trades in various financial...
Move over bitcoin — there’s a newer digital currency in town gaining more attention. That’s bitcoin’s latest rival on the market, known as Ethereum. And its attention is probably warranted, as its value has jumped 1,000 percent in three months, according to a report from...
