As cryptocurrencies grow in popularity, they will continue to threaten revenue streams of the traditional banking system, according to a new report from the British Banking Association (BBA). A section of The Digital Disruption: UK Banking Report looks specifically at cryptocurrencies and the impact they have already had, and will continue to have, on people’s […]
British Banking Association: Bitcoin is a Real Threat to Banks
Why a New SEC Ruling Could Be ‘Revolutionary’ for Bitcoin Crowdfunding
Jared Marx is an attorney at Washington, DC law firm Harris, Wiltshire & Grannis. He advises companies about bitcoin-related regulatory law and represents companies and individuals in civil and criminal proceedings. Here, he discusses why a new securities ruling is a potential boon for ‘crypto 2.0‘ and ‘bitcoin 2.0’ companies operating in the US. On […]
Bitcoin Investment Trust Sponsor Launches Ahead of Market Debut
Bitcoin Investment Trust (BIT) has received approval to list on the securities marketplace OTC Markets Group, meaning shares could begin trading as soon as next week. In preparation for the debut, the private investment vehicle owned by Digital Currency Group (DCG) has announced the launch of Grayscale Investments, which will sponsor the BIT, taking on […]
Swedish Bitcoin Firm Enters Court Battle to Protect Customer Data
A Swedish bitcoin brokerage has gone to court with the country’s tax authority to prevent an audit of its customer information. Goobit AB, the company that operates the Stockholm-based BTCX, is fighting a third-party audit request from the Skatteverket, the Swedish tax agency, that would require it to disclose information about its customer base. As […]
Could the Bitcoin Lightning Network Solve Blockchain Scalability?
The blockchain’s increasing size continues to raise concerns about its ability to accommodate transaction growth. But, could a decentralised system where transactions are sent over a network of off-blockchain micropayment channels solve the ledger’s scalability problems? Continue reading at CoinDesk Powered by WPeMatico
