CBDCs could relegate private virtual currencies to secondary role in payments system: IMF
Jun 20, 2017 11:26 am UTC| Digital Currency
The International Monetary Fund (IMF) has released a discussion note focusing on emerging fintech innovation, distributed ledger technology (DLT), and central bank digital currency (CBDC) among others. The paper, in...

FxWirePro: ETH/USD continues choppy trade, close above 61.8% fib to see further upside
Jun 20, 2017 10:24 am UTC| Digital Currency
ETH/USD is continuing its rangebound trading on Tuesday as it struggles for a consistent break above 10-DMA. It is currently trading at 355 levels at the time of writing (BTC-e). Ichimoku analysis (Daily...

FxWirePro: BTC/GBP faces strong resistance at 20-DMA, close above confirms further bullishness
Jun 20, 2017 09:33 am UTC| Digital Currency
BTC/GBP is trading in a narrow range as it is facing stiff resistance at 20-DMA. It is currently trading at 2043 levels at the time of writing (Coinfloor). Ichimoku analysis of daily chart: Tenkan Sen: 1986 Kijun...

FxWirePro: BTC/USD trades just shy of 20-DMA, further bullishness only on close above
Jun 20, 2017 08:56 am UTC| Digital Currency
BTC/USD is trading in a narrow range just shy of 20-DMA. It is currently trading at 2615 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 2550 Kijun Sen: 2415 On the...
Banks actively developing fintech and blockchain solutions to maintain competitiveness: HKMA
Jun 20, 2017 07:34 am UTC| Digital Currency Fintech
Banks are increasingly exploring latest biometric identification technology, including blockchain or distributed ledger technology, Norman Chan, Chief Executive, Hong Kong Monetary Authority, recently said in an official...
Blockchain could solve business needs for wealth and asset management firms: EY
Jun 20, 2017 06:45 am UTC| Digital Currency
In a report, consulting firm EY has discussed how wealth and asset management companies are seeking to tap the benefits of blockchain as well as key challenges to adopting this technology. Titled Blockchain innovation...
Accenture, Microsoft develop blockchain-powered digital identity solution
Jun 20, 2017 06:04 am UTC| Digital Currency
Accenture, in collaboration with Microsoft and Avanade, has developed a blockchain-based identity prototype that aims to empower individuals with direct consent over who has access to their personal information, and when...