Digital Bank WB21 Enables Bitcoin Deposits

WB21 will be the first digital bank to accept deposits in bitcoin from customers looking to transfer and deposit funds into their checking accounts. Customers of digital bank WB21 will now be able to use bitcoin to transfer and deposit funds to their checking accounts. The bank has over half a million customers around the […]

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PwC and Z/Yen To Explore Blockchain Use In Wholesale Insurance

PriceWaterhouseCoopers (PwC), a provider of audit and assurance, tax and consulting services, has teamed with Z/Yen, a London-based commercial think-tank that promotes societal advancement through better finance and technology, to study the potential of blockchain technology in wholesale insurance. The two companies will tap a range of insurers, re-insurers, and wholesale brokers to develop a […]

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Bitcoin Traded Certificates Resume Nasdaq Trading Following Acquisition

A bitcoin investment vehicle designed to enable European investors with liquid access to returns of bitcoin is now live again on Nasdaq Nordic following its acquisition by a US hedge fund. XBT Provider, a fully hedged bitcoin investment vehicle and the developer of Bitcoin Tracker (COINXBT) and Bitcoin Tracker EUR (COINXBE) has announced its acquisition […]

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21 Inc. Creates Open Source Library For Machine-Payable Web

21 Inc. has made its software free, ‘turning any computer into a bitcoin computer’, the company announced on Medium. Once a computer has installed the software, the user can get bitcoin using any device nearly anywhere without a bank account or credit cards. The software allows users to add micropayments to any app and begin earning […]

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US Federal Appeals Court: Seizure of Debit Card Funds is Constitutional

A federal court has upheld the right of police to seize and retain funds on debit and credit cards, be they prepaid or otherwise. Adding to the ongoing national conversation about civil asset forfeiture, the case of Eric-Arnaud Benjamin Briere De L’Isle, who was pulled over for a driving infraction and then searched for drugs […]

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Two Australian Bitcoin Exchanges Add Ether Support

Two major Australian bitcoin exchanges – CoinLoft and CoinTree, have announced that ether, the cryptocurrency token of the Ethereum network, will now be available for purchasing on the platforms. In an announcement yesterday via a press release, leading Australian bitcoin exchange CoinTree revealed that users will – effective immediately – be able to swap bitcoin […]

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Observation: As Rigid Rules To Prop National Currencies Fail, Bitcoin Gains Favor

Daniel Jennings, a contributor to Seeking Alpha, claims that rigid currency rules in some countries, such as China, Egypt and Zimbabwe, are pushing demand for bitcoin, boosting its price. He says national currencies may no longer be viable in some countries. Many financial observers (Jennings cited Zero Hedge’s Tyler Durden, a financial blogger) have attributed […]

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Ripple Gains BitLicense in New York

 Ripple Labs Inc., has had its BitLicense application approved today by New York state’s financial regulator. The New York State Department of Financial Services (NYDFS) has approved Ripple Labs’ BitLicense application. Granted today, the approval will grant Ripple the license to sell and obtain XRP – the native digital asset of the Ripple Consensus Ledger, […]

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Obama’s Economic Policy Advisors Strategizes With Fintech Industry Players

President Barack Obama’s economic policy staff recently met with stakeholders across the fintech ecosystem to discuss how fintech can support economic policy, Adrienne Harris, special assistant to the President of economic policy, noted in a White House blog. The attendees included policy makers, fintech startups and investors. The meeting addressed cybersecurity, ways to manage small […]

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