Malta’s PM: The Rise of Cryptocurrencies ‘Cannot Be Stopped’

Malta’s PM: The Rise of Cryptocurrencies ‘Cannot Be Stopped’   European regulators should embrace cryptocurrencies like bitcoin, the prime minister of Malta argued in a speech yesterday. Speaking at the CEPS Ideas Lab in Brussels on 23rd February, Prime Minister Joseph Muscat argued that governments in the European Union should “double down” on the tech,…

Bitcoin Is Becoming A Favorite Long-term Investment Option

Bitcoin Is Becoming A Favorite Long-term Investment Option Many people tout bitcoin as a way to hedge against future financial instability. In most cases, that is considered to be solid advice. Interestingly enough a bullion-related website has a poll discussing various alternative investment options. It is evident bitcoin is the clear leader in this regard,…

Report: Nigerian Retail Banking Sector to see 92% Disruption by FinTech

Report: Nigerian Retail Banking Sector to see 92% Disruption by FinTech A report has shown that retail banking and fund transfers in Nigeria are the two biggest areas that are most likely to be affected by FinTech over the next five years. The report, Nigeria FinTech Survey 2017 [PDF], which was released by PricewaterhouseCoopers (PwC),…

Altcoin Uptick Ends as Bitcoin Prices Pass $1,050

Altcoin Uptick Ends as Bitcoin Prices Pass $1,050 While so-called altcoins enjoyed a notable rally early this week, this run appears to be over. The market for alternative cryptocurrencies, a collection of digital tokens with different blockchain networks and value propositions than the bitcoin protocol, received significant tailwinds earlier this week as bitcoin traders sat on…

Microsoft Announces Availability of R3’s Corda Blockchain Platform on Azure

Microsoft Announces Availability of R3’s Corda Blockchain Platform on Azure R3’s blockchain software Corda, developed by the Fintech startup alongside 70 of the world’s biggest banks forming the R3 consortium, is now available on Microsoft’s cloud computing platform, Azure. Announced quietly last week, the revelation comes soon after Corda’s code was contributed to the Linux…

Report: Hong Kong Banks Should Explore Blockchain Tech Despite Regulatory Hurdles

Report: Hong Kong Banks Should Explore Blockchain Tech Despite Regulatory Hurdles The FinTech market, particularly with blockchain technologies, is expected to flourish in Hong Kong in 2017 due to increased cooperation between Fintech and financial services firms, a KPMG report has claimed. In its “Hong Kong Banking Outlook 2017” [PDF] report, the services giant cites…