Bitcoin could be in for a boost with U.S. students twice as likely as the country’s average to own cryptocurrency, a survey by Coinbase and carried out by researchers Qriously has revealed. With 18% of U.S. student respondents saying said they own (or have owned) bitcoin or some other cryptocurrency, twice the rate of the … Read More →
The Securities and Exchange Board of India has sent officials to Japan, the UK, and Switzerland to study cryptocurrency and initial coin offerings from each of the three countries’ financial regulators. The securities watchdog aims to engage with international regulators and gain a deeper understanding of their crypto mechanisms and systems in order to … Read More →
When you’re in the market for a new home, you probably have a lot of things on your mind: square footage, school districts, mortgages rates. One thing you’re probably not spending much time thinking about: Bitcoin. But perhaps cryptocurrency and blockchain technology will soon be a major consideration for property purchasers and sellers. At … Read More →
Blockchain is a tremendously promising technology in our infinite search for ways to increase computing power, speed and security. 2017 was the year that most people will remember when the term ‘cryptocurrency’ became part of our vernacular. The massive surge in the value of coins like Bitcoin, people to stand up and take notice. As … Read More →
The government is considering the introduction of a regulatory regime for virtual or crypto currencies, such as Bitcoin, that would enable the levy of the Goods and Services Tax on their sale. The new regime may possibly bring their trading under the oversight of the stock market regulator, Securities and Exchange Board of India (SEBI). … Read More →
Bitcoin is the original cryptocurrency, and its meteoric rise has made it a mainstay of conversation for investors, media, and technologists alike. In fact, the innovation of the blockchain is changing entire markets, while causing ripples with central banks and the financial industry. At time of publication, the bitcoin price now hovers near US$2,400, a massive … Read More →
India has one of the largest remittance markets in the world with a total value of close to $70 billion. On every transaction, an average user pays up to 15% in bank charges and conversion fees. Bitcoin provides a solution to India’s underlying problems. The digital currency can be used to move money inexpensively across … Read More →
India’s government is reportedly moving closer to developing regulations around cryptocurrencies. Local news outlet MoneyControl reports that officials with the country’s central bank, as well as its top finance regulators, are finalizing a report which lays out possible approaches for overseeing the tech. Agencies involved in the development reportedly include the Reserve Bank of India … Read More →
A Major Spike: On April 1, 2017, the total market cap for all cryptocurrencies was slightly higher than $25 billion. Roughly two months later, the cap exceeded $100 billion. In just over 60 days, the value of cryptocurrencies surged by 300 percent. So what was the real reason behind this major spike?? The leading cryptocurrency, … Read More →
Earlier in March this year, India’s Ministry of Finance established an interdisciplinary committee that includes a number of authorities including representatives from the central bank – which has issued warnings against the use of bitcoin in the past – to study the legal framework surrounding virtual currencies. Chaired by the Special Secretary of Economic Affairs … Read More →