Tag Archives for " Impact "

Saudi Arabia Believes Cryptocurrency Industry Is “Not Mature Enough” to Warrant Regulation

Regulation In an interview with CNBC on Monday, Abdulmalik Al-Sheikh, senior adviser at Saudi Arabia’s central bank, stated that the regulator does not believe the cryptocurrency has matured enough to warrant regulation at this point in time. Mr. Al-Sheikh also stated that the central bank will wait and observe before delivering a determination regarding its regulatory […]

Continue reading

Here’s why UBS is bullish on blockchain, but not bitcoin

Skeptical about buying bitcoin, but think the underlying technology driving the red-hot digital currency has world-changing potential? UBS has such a split view, seeing the cryptocurrency as a dangerous place to put one’s money, even as it expects blockchain technology to revolutionize the world. The investment bank argued that the recent jumps in cryptocurrency valuations—bitcoin […]

Continue reading

Thinking Big? Bank Blockchains Will Advance By Doing Everything But

Noelle Acheson is a 10-year veteran of company analysis, corporate finance and fund management, and a member of CoinDesk’s product team. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday, exclusively to our subscribers. While blockchain news may seem flooded these days with bank-sponsored projects either launching or hitting milestones, […]

Continue reading

ConsenSys’ Ethereal SF to Activate Ethereum Community in San Francisco

Every blockchain enthusiast is sure that blockchain technology will come to the forefront of daily life. Decentralized Autonomous Corporations like self driving car services and smart contracts for anything from home to car ownership are on the horizon for the next generation of the internet. The implications of a changing job market may leave many […]

Continue reading

MGT Capital Continues to Increase its Bitcoin Mining Capacity

Bitcoin mining operations are always fighting an uphill battle. The combination of a volatile Bitcoin price and high operating costs make most ventures unprofitable. In the case of MGT Capital, things are going a lot better than originally expected. In fact, the company wants to buy around 2,000 additional mining units from Bitmain. This goes […]

Continue reading
1 20 21 22