All posts by fred

European Central Bank proposes that it is necessary to supervise Blockchain Tech.


Mario Draghi has said that the European Central Bank (ECB) is closely following distributed ledgers as the blockchain within payment systems to ensure that risks do not occur that could fragment the market. Speaking at the hearing of the European Parliament’s Economic and Monetary Affairs Committee, Draghi said fintech’s most active innovation field, which could

Bitcoin on the doorstep of the UK stock exchange.


Britain’s largest online trading platform, Hargreaves Lansdown, wants to offer customers the option of investing with Bitcoin by granting access through the form of a traded note (ETN). The fund, which is provided by the Swedish company, Provider XBT, trades on the NASDAQ OMX. Retail investors will be able to access the digital currency through

Japanese banks test blockchain technology using virtual currency.


Several Japanese banks are reportedly willing to test national money transfers using digital coins on a blockchain as a low-cost alternative to traditional money transfers. According to a report released on Thursday by Nikkei, Japan’s most prominent financial publication, a group of major Japanese banks will test to determine whether a blockchain platform with digital

Bank of Korea: Costs Could Limit Cryptocurrencies Use


Written by researchers at the Bank of Korea and Hongik University in Seoul, the paper seeks to identify the factors that could drive the use of a blockchain-based currency, as opposed to government-issued currencies. According to the authors, there is likely to be a symbiotic relationship between both economies if digital currencies are used more