Cryptocurrencies unlikely to crowd out fiat currency entirely: Bank of Korea paper
Apr 25, 2017 05:55 am UTC| Digital Currency Fintech
The Bank of Korea (BoK) has published a new working paper which analyses a dual currency regime with fiat currency and digital currency. Titled, Crowding out in a Dual Currency Regime? Digital versus Fiat Currency, the...
Apr 25, 2017 05:39 am UTC| Digital Currency Fintech
Central bank digital currency (CBDC) could have a substantial impact on the traditional concept of banknotes, Hiroshi Nakaso, Deputy Governor of the Bank of Japan, said recently. Speaking at the Forum Towards Making...
South Korean pilot blockchain project selects Kyobo Life Insurance as operator
Apr 25, 2017 04:41 am UTC| Digital Currency
Kyobo Life, a South Korean life insurance company, announced that it has been selected as an operator for the Korean governments pilot blockchain project. The insurance firm will lay the foundation for stimulating the...
Airbitz integrates Bity as wallet plug-in, enables buy and sell bitcoin capabilities in Europe
Apr 25, 2017 04:16 am UTC| Digital Currency
Airbitz Inc, a San Diego-based bitcoin wallet and data security company, has partnered with Bity, a Swiss Bitcoin exchange that allows users to buy and sell cryptocurrencies with Euros and Swiss Francs. Airbitz...
FxWirePro: BTC/CNY faces strong resistance at 7430, good to sell on rallies
Apr 24, 2017 12:49 pm UTC| Digital Currency
BTC/CNY has shown a slight decline after making a high of 7377 (BTCCHINA). It is currently trading around 7150 at the time of writing. Ichimoku analysis of daily chart shows: Tenkan-Sen level: 7163 Kijun-Sen...
FxWirePro: ETH/EUR downside capped by 21- day EMA, good to buy on dips
Apr 24, 2017 11:16 am UTC| Digital Currency
ETH/EUR is seen trading above on Monday and the pair is trading in narrow range between 47.80 and 44 for the past eleven trading session. It is currently trading around 45.89 at press time. Ichimoku analysis of daily...
Indian meal project Akshaya Patra teams up with Accenture to use blockchain to fight hunger
Apr 24, 2017 10:39 am UTC| Digital Currency
The Akshaya Patra Foundation, a Bangalore-based non-profit organization that implements mid-day meal schemes in India to fight hunger, has collaborated with Accenture to use disruptive technologies like blockchain to...
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