The Indian government is reportedly considering its own digital currency, similar to bitcoin. The central government of India has discussed the proposal with a committee of government officials, according to an unnamed source, reports the Business Standard. As India’s central bank believes that digital currencies are ‘susceptible to misuse’ the government is looking at a […]
This post The Indian Government is Considering its Own Cryptocurrency first appeared on Coinjournal.
A number of countries now want to control how people invest their digital currencies, but they will fail. Fiat authority is not transferable.
This week will see the launch of a new and innovative project as The Knox group of companies launch their Bitcoin priced property venture. In a first for the industry, property will be available to buy directly from a developer using bitcoin. The £250 million venture is the first between entrepreneur and Conservative peer Baroness […]
This post Business Icons Launch £250 Million Bitcoin-Priced Dubai Property Venture first appeared on Coinjournal.
Bitcoin is in a bubble. That’s according to some. Billionaire investor Mark Cuban, BBC’s technology correspondent Rory Cellan-Jones and best-selling author and currency expert Jim Rickards are just a few names that spring to mind who are claiming this. Yet, even if this is the case, surely that’s not necessarily a bad thing and may […]
This post Are Investment Bubbles in the Crypto Space a Good Thing? first appeared on Coinjournal.
The Republic of Estonia, the first country in the European Union (EU) to introduce the concept of e-residency, a government-issued digital identity which allows entrepreneurs around the world to establish businesses virtually, is considering the formation of a sovereign wealth fund raised through bitcoin. Fundamentally, bitcoin represents decentralization, freedom, and privacy, and such attributes of […]
This post Estonian Government Considering Raising Bitcoin For its Sovereign Wealth Fund first appeared on Coinjournal.
According to research released in late 2015, U.K.-based Magister Advisors, a financial institution which focuses on facilitating mergers and acquisitions in the technology sector, explained that bitcoin could become the sixth largest reserve currency by 2030. Bitcoin has experienced exponential growth since 2009 based on many indicators including user base, trading volume, price, market cap and […]
This post Can Bitcoin Become a Major Reserve Currency by 2030? first appeared on Coinjournal.
Traditionally, sending money to friends and family abroad is done through money transfer services such as Western Union or WorldRemit. Yet, a small handful of companies are exerting power over the global remittance industry by charging high fees on money sent abroad. By doing so, they are cutting off a lifeline for countries that are […]
Switzerland’s Falcon Private Bank will begin supporting ether (ETH), litecoin (LTC) and bitcoin cash (BCH) on August 22, 2017, expanding its blockchain asset management services to more digital currencies. Last month, Falcon Private Bank became the first Swiss private bank to enter the cryptocurrency asset management market with bitcoin following approval from the Swiss Financial […]
This post Swiss Private Bank to Add Support for Ether, Litecoin and Bitcoin Cash first appeared on Coinjournal.
Russia has a complicated history with Bitcoin. The debate to ban the cryptocurrency has swayed back and forth for the past several years, even threatening extremely harsh prison sentences, but things have recently taken a more supportive turn.
On August 14, the price of bitcoin surpassed the $4,300 mark, achieving yet another new all-time high. Amidst a strong week-long rally triggered by the rising tension between the US and North Korea, increasing demand from institutional investors and the hotly anticipated activation of Segregated Witness, the bitcoin dominance index recovered to 50 percent, as […]
This post Bitcoin Surpassed $4,300 But 99.98% of World’s Capital is On The Sidelines first appeared on Coinjournal.