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The Fintech Threat to Banking: A Solution From MIT

In the next 10 years, 30 percent of banking jobs could be obsolete, according to a recent Citi GPS report.This statistic from Citigroup’s report makes an...

China Joins the Blockchain Race With ChinaLedger Alliance

Wanxiang Blockchain Labs, a Shanghai-based nonprofit research institution which hosted the first Global Blockchain Summit in Shanghai, is to lead an alliance of 11...

Blockchain Smart Contracts: A Hyper-Deflationary Force for Health Care Delivery

Blockchain and digital health services could be a perfect match for each other across a variety of applications. From distributed interoperable health records to...

Zooko: The Financial Industry Is Demanding Privacy for Blockchains

Although one may assume that the demand for privacy in Bitcoin and other blockchain-based systems is coming from crypto-anarchists and libertarians, the reality is...

US Comptroller of the Currency Calls for Innovative Regulations on Digital Currencies and FinTech

Comptroller of the Currency Thomas J. Curry, who heads an independent department in charge of supervising all U.S. national banks, stated in a speech...

Overstock Invests in Bitt to Launch Official Digital Currencies in the Caribbean Islands

Overstock announced a strategic investment in Bitt, a Caribbean-based fintech company whose goal is to persuade Caribbean island nations to adopt digital national currencies....

Bank of England Official Discusses Implications of Central Bank Digital Currencies

Deputy Governor of the Bank of England Ben Broadbent has spoken out on the implications of a central bank digital currency (CBDC) for the...

The Bank of England’s RSCoin: An Experiment for Central Banks or a Bitcoin Alternative?

This is a guest post by Leah Zitter.On February 21, 2016, the Bank of England reported that it had partnered with researchers at University...

Researchers Propose RSCoin, a Permissioned Blockchain Currency Controlled by Central Banks

In September Bitcoin Magazine reported that Andrew G. Haldane, chief economist at the Bank of England (BoE), hinted at the possibility that the U.K. government...

Japan Debates Bitcoin Sales Tax, Stricter Rules for Exchanges

The Japanese financial newspaper Nikkei reported in early March that the country’s parliament, the Diet, will soon vote on a set of Bitcoin regulations to...
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