Category: Cryptocurrency

A recent study published by the Bank of Canada indicates that the majority of Bitcoin owners hold Bitcoin for investment purposes rather than for transactional purposes. That response in the bank’s 2017 survey marks a shift from the 2016 survey, in which most Bitcoin owners held Bitcoin for transactional purposes. That’s an indicator that Bitcoin […]

Another “stablecoin” has launched recently, with American multinational company IBM providing significant amounts of support. The idea behind a stablecoin is to produce a cryptocurrency that has a stable value. In this case the new cryptcurrency, USD Anchor, will have its units backed by US dollars. Those dollars will then be held in FDIC-insured accounts, […]

Payments processor Mastercard was recently awarded a patent by the US Patent and Trademark Office for technology that would link together financial accounts holding fiat currency with those holding cryptocurrency. While linking together fiat and cryptocurrency accounts could have many benefits both for investors in and users of cryptocurrency, Mastercard’s specific filing points to some […]

Payments processor Mastercard was recently awarded a patent by the US Patent and Trademark Office for technology that would link together financial accounts holding fiat currency with those holding cryptocurrency. While linking together fiat and cryptocurrency accounts could have many benefits both for investors in and users of cryptocurrency, Mastercard’s specific filing points to some […]

Payments processor Mastercard was recently awarded a patent by the US Patent and Trademark Office for technology that would link together financial accounts holding fiat currency with those holding cryptocurrency. While linking together fiat and cryptocurrency accounts could have many benefits both for investors in and users of cryptocurrency, Mastercard’s specific filing points to some […]

The Litecoin Foundation has recently taken a step into the financial services world by taking a 9.9 percent stake in a German bank. The acquisition of that stake in the bank was undertaken in cooperation with a crypto startup called TokenPay. TokenPay is a Swiss company that seeks to establish a cryptocurrency payment platform that […]

As cryptocurrencies have become ever more popular over the past couple of years, more and more entities have become involved in issuing cryptocurrencies and digital tokens. One of the most popular methods recently of getting into the cryptocurrency market has been through initial coin offerings (ICOs). ICOs have gained the attention of both investors and […]

Last week marked a deadline for banks in India to stop dealing with cryptocurrency businesses. The Reserve Bank of India had set the deadline for July 5, with India’s Supreme Court failing to grant interim relief to businesses and individuals affected by the ban. The ban means that Indians will now face significant difficulties in […]

Last week marked a deadline for banks in India to stop dealing with cryptocurrency businesses. The Reserve Bank of India had set the deadline for July 5, with India’s Supreme Court failing to grant interim relief to businesses and individuals affected by the ban. The ban means that Indians will now face significant difficulties in […]

In one of the ironies of the growing popularity of cryptocurrency, the technology that gained popularity because of its decentralized nature is now being traded largely on highly centralized exchanges. Bitcoin was designed to combat many of the negative aspects of government fiat currencies, one of the most important of those being centralization of issue. […]