Banks

Moroсco Outlaws Cryptocurrencies

9 months ago admin2 Comments Off on Moroсco Outlaws Cryptocurrencies
Morocco has officially instituted a ban on transactions using cryptocurrencies, citing a lack of regulation as a ‘danger’ to users. According to an official press release on its Office des Changes website, the country’s foreign exchange regulator took a firm stance on the use of cryptocurrencies in the country. A translation from French puts it Read More

Bitcoin Hits All-Time Highs As Banks Hail Blockchain Equity ‘100% Success’

9 months ago admin2 Comments Off on Bitcoin Hits All-Time Highs As Banks Hail Blockchain Equity ‘100% Success’
Both Bitcoin and Blockchain made history Tuesday as prices hit a new all-time high and Wall Street completes new integrations. As Bloomberg reports, a group of major banks including Goldman Sachs, JPMorgan and Credit Suisse saw a six-month Blockchain trial for equity swaps achieve “100% success.” In partnership with startup Axoni, Blockchain allowed any changes Read More

Banks Shun Bitcoin In Hong Kong, Businesses Seek Foreign Help

9 months ago admin2 Comments Off on Banks Shun Bitcoin In Hong Kong, Businesses Seek Foreign Help
Hong Kong’s Bitcoin business sector is feeling uncertain as local exchange Gatecoin loses its banking services. Just a month after reports of a mass ‘Bitcoin exodus’ from China after it banned crypto-to-fiat trading and ICOs, Hong Kong also appears to be creating a more hostile environment. Gatecoin, one of the industry’s older exchanges, has dealt Read More

India’s biggest banks are piling on the losses, and investors are loving it

9 months ago admin2 Comments Off on India’s biggest banks are piling on the losses, and investors are loving it
The Indian banking sector is in a curious situation: Some of the country’s biggest banks are reporting losses, yet stock markets are rewarding them. The State Bank of India (SBI), India’s largest lender, reported a 38% decline in its net profit in the July-September quarter of financial year 2018. Given the decline, one would have Read More

Vehicle Lifecycle Blockchain Can Save You From Inflated Garage Bills

9 months ago admin2 Comments Off on Vehicle Lifecycle Blockchain Can Save You From Inflated Garage Bills
Do you trust your vehicle service centre? More importantly, should you? According to comparethemarket.com, the average car owner in the UK has paid £350 or $462 on repair shop bills over last 12 months. They also figured out that 75 percent of the drivers had no clue what they were being charged for. Things are Read More

Your wallet, your freedom: Expert Blog

9 months ago admin2 Comments Off on Your wallet, your freedom: Expert Blog
Expert Blog is Cointelegraph’s new series of articles by crypto industry leaders. It covers everything from Blockchain technology and cryptocurrencies to ICO regulation and investment analysis. If you want to become our guest author and get published on Cointelegraph, please send us an email at mike@cointelegraph.com. Before Blockchain technology was invented, there were very few Read More

Prominent Investor: By 2040, There Will be No World Without Bitcoin

9 months ago admin2 Comments Off on Prominent Investor: By 2040, There Will be No World Without Bitcoin
Balaji Srinivasan, a prominent venture capital investor and the CEO at Earn.com, a Bitcoin-focused startup that has raised over a hundred million dollars in early-stage funding, believes by 2040, everyone under the age of 30 will “have never known a world without Bitcoin.” By 2040, everyone under 30 will have never known a world without Read More

Indecisive Government Causes Bitcoin to Land in India’s Supreme Court

9 months ago admin2 Comments Off on Indecisive Government Causes Bitcoin to Land in India’s Supreme Court
When governments dither over policy decisions, courts often have to step in to provide guidance. A petition seeking the government to act on Bitcoin has landed in India’s Supreme Court Public Interest Litigation A PIL (Public Interest Litigation) petition has been filed before the Indian Supreme Court, seeking it to issue directions to regulate the Read More

India’s plan to connect thousands of its villages to the internet is finally moving up a gear

9 months ago admin2 Comments Off on India’s plan to connect thousands of its villages to the internet is finally moving up a gear
India is gearing up for a massive digital transformation of its vast hinterland. In three years from now, the Narendra Modi government plans to lay down the necessary infrastructure—including one million kilometres of optical fibre network—to bring digital connectivity to the country’s 239,000 gram panchayats (village-level administrative units). As part of this rollout, the government Read More