Sentences with phrase «of global digital currency»

Following an outage of global digital currency exchange Bitfinex, everybody's favorite coin has undergone quite a plunge, and is hovering around $ 671 USD at press time, a drop of nearly $ 100 in the last 48 hours.

Not exact matches

Nearly 120,000 units of digital currency bitcoin worth about US$ 72 million was stolen from the exchange platform Bitfinex in Hong Kong, rattling the global bitcoin community in the second - biggest security breach ever of such an exchange.

The digital currency movement achieved liftoff at a moment when the global financial system appeared to be on the verge of collapse.

Once the largest global market for trading, China now accounts for 1.5 percent of bitcoin transactions, while Japan — where regulators have been more open to digital currencies — accounts for more than 60 percent, according to CryptoCompare.com.

It's a safe and global digital currency, which has been increasing all through 2017, and I don't have to tell you how good it is to move in favor of the market.

NEW YORK (Reuters)- Alphabit, a global fund that invests in digital currencies, has been launched with a target of $ 300 million, co-founder Liam Robertson said in an interview, as managers seek to tap growing demand for virtual assets that allow for instant, borderless transactions.

Jalak Jobanputra, founding partner of Future \ Perfect Ventures, an early - stage venture - capital fund, visited Global Finance to discuss the state of fintech, the future of blockchain and digital currencies, and how corporations can extract more value from such technology.

John McDonnell, Co-Founder & CEO, Bitnet, said: «Rakuten's global marketplaces are great examples of how digital currencies can impact global commerce.

Read more in: Blockchain & Digital Currency, Global, Politics, Legal & Regulation Tagged australian digital chamber of commerce, bermuda, binance, joseph weinberg, loretta joseph, shyft, virtual curreDigital Currency, Global, Politics, Legal & Regulation Tagged australian digital chamber of commerce, bermuda, binance, joseph weinberg, loretta joseph, shyft, virtual currCurrency, Global, Politics, Legal & Regulation Tagged australian digital chamber of commerce, bermuda, binance, joseph weinberg, loretta joseph, shyft, virtual curredigital chamber of commerce, bermuda, binance, joseph weinberg, loretta joseph, shyft, virtual currencycurrency act

The RTI — calculated by Crypto Facilities — is sourced in the same manner as the BRR, however, data is sampled from major exchanges (Bitfinex, Bitstamp, Coinbase, Genesis Global Trading, itBit, Kraken) every second and aggregated into one giant order book that will serve as an indicator of global supply / demand for the digital curGlobal Trading, itBit, Kraken) every second and aggregated into one giant order book that will serve as an indicator of global supply / demand for the digital curglobal supply / demand for the digital currency.

Perhaps the most interesting moment of the prestigious event transpired late in the afternoon when one attendee asked, «How core is solving identity to expanding digital currency or solving some of the frictions in our existing system, and how do you foresee an identity world that's based on a national or — in the US's case — subnational system working or integrating in a global financial system?»

However, it is mandatory for law enforcement agencies to continue their pursuit towards finding digital criminals, and cleaning the bitcoin market, as an effort of making the digital currency be used for its true purpose: decentralized global payments.

«Cryptocurrencies and blockchain technology pose a dramatic change to the existing regulatory landscape; they have the potential to reform the global financial system around peer - to - peer transactions, without traditional financial intermediation,» Neha Narula, Director of the Digital Currency Initiative at the MIT Media Lab, said.

For many months global payments company Visa has expressed hesitation and skepticism regarding the new wave of digital currencies.

In 2017, the Chinese government shut down the country's bitcoin trading exchanges, which until then accounted for nine - tenth of the digital currency's global volumes.

Global technology company Samsung has confirmed it is now manufacturing ASIC chips, a key component in the mining of digital currency.

This partnership marks another major milestone in the acceptance of bitcoin worldwide, as larger and more global companies embrace the digital currency.

«I am convinced that it is this attitude that will attract some of the brightest minds in the Bitcoin world to study at the University of Nicosia especially with their Master's program in Digital Currency, another global first,» continued Rossouw.

McCaleb has a rich experience in digital currency and had worked in Mt. Gox — the same company handling a large share of the global Bitcoin trades.

However, Genesis Global Capital, an affiliate of Genesis Global Trading, offers institutions the ability to borrow and lend bitcoin and other digital currencies in large sizes over fixed - terms.

It believes that a global fan base of four billion - plus fans is a huge market for the digital currency.

Of course, companies like Microsoft may argue that points are a way to bring global consistency to their digital marketplace so as to avoid having to come up with new prices for each county and their own unique currency, but that's poppycock.

Recent highlights include handling Lenlyn's # 196m disposal of its international currency exchange business, ICE, to Global Fortune 500 company, China's HNA Group; advising NorthEdge Capital and the management of Sumo Digital on the # 50m sale of Sumo Digital to Perwyn, which included handling cross-border issues involving India; and assisting the management of Shearings Group with the sale of its business to funds managed by Lone Star Funds.

According to Nicholas Gregory, CEO of London - based CommerceBlock, this comes as good news for the bitcoin sector, as government attention is like a stamp of approval: «What some will bill as censure, the cryptocurrency community will deem a stamp of approval that finally recognises the pivotal role that digital currencies will ultimately hold for the global economy.

For years, Thomson Reuters has been a thought leader on the state of global crime, particularly as it relates to digital currency and money laundering and the intersection of technology and human trafficking and exploitation of children.

Shorting of bitcoin and whales selling the digital currency to cash out short contracts could have realistically contributed to the decline in the market cap of bitcoin, and because bitcoin is considered the reserve currency of the market, the rest of the global cryptocurrency market fell with it.

After this round of virtual money markets supervision, we expect under the auspices of the Chinese central bank to launch our own sovereign digital currency as soon as possible to help maintain China's leadership in the development of global digital finance.»

«Bitcoin and digital currency represent a once - in - a-lifetime opportunity to shape the future of the Internet and global commerce,» said Alliare in a statement.

Bitfinex, a digital asset trading platform that offers state - of - the - art services for digital currency traders and global liquidity providers, announced on Saturday the introduction of twelve new token listings to its trading platform.

Bitcoin is a global, decentralized, digital currency that allows you to send any amount of money to anyone in the world, instantly, with low or no transaction fees.

Read more in: Blockchain & Digital Currency, Fintech, General News, Global Tagged arturas zuokas, coppay, cryptocurrency, cryptofying, ina samovich, lithuania, united colors of benetton, vilnius

Read more in: Blockchain & Digital Currency, Global Tagged cryptocurrency, petro, steven mnuchin, us department of treasury, venezuela

Digital currency promises to solve some problems of the «real money» world, among them the difficulty of making quick, secure global payments without...

Read more in: Blockchain & Digital Currency, Fintech, General News, Global, Politics, Legal & Regulation Tagged beps, crypto, cryptocurrency, digitalisation, digitalization, g20, global forum on transparency and exchange of information for tax purposes, oecd, regulatioGlobal, Politics, Legal & Regulation Tagged beps, crypto, cryptocurrency, digitalisation, digitalization, g20, global forum on transparency and exchange of information for tax purposes, oecd, regulatioglobal forum on transparency and exchange of information for tax purposes, oecd, regulation, tax

Smith identified bitcoin as the first truly digital asset that has already triggered a global push beyond paper currency, with mention of its extraordinary growth in 2016 and declining volatility.

It broke last night that Mr. Adam White will be the new Chief of Global Digital Asset Exchange (GDAX), U.S. based digital currency exchange Coinbase's professional cryptocurrency trading plDigital Asset Exchange (GDAX), U.S. based digital currency exchange Coinbase's professional cryptocurrency trading pldigital currency exchange Coinbase's professional cryptocurrency trading platform.

By Joshua FruthNEW YORK (Thomson Reuters Regulatory Intelligence)- Digital currency technologies generated widespread public and investor interest in 2017, with new cryptocurrency products capable of streamlining and decentralizing global commerce.

UATP, a payment network privately owned by 30 airline companies and operating for the benefit of the global airline industry, announces today it now offers its network of 260 + airline companies, the ability to accept payments in the digital currency.

When Stripe announced last month that it would process payments in 130 global currencies, co-founder John Collison hinted that Stripe was investigating another type of currency — this one entirely digital.

«What some will bill as censure, the cryptocurrency community will deem as a stamp of approval that finally recognizes the pivotal role that digital currencies will ultimately hold for the global economy.»

PBOC, China's central bank, is persuaded that a state - backed digital currency could reduce capital outflow, money laundering and tax evasion, make economic activity more transparent and improve the efficiency of global transactions.

Writing on CIO Journal, a Wall Street Journal blog for corporate technology executives, Owen Jelf and Sigrid Seibold, respectively global managing director of Accenture's capital markets practice and managing director of Accenture's digital capital markets efforts, weigh in on the fashionable debate about the blockchain as a system vs. bitcoin as a currency.

Wild swings in the price of bitcoin, the best known of a myriad of digital currencies issued by private companies, cyber heists involving such assets, and fears they may be used for crime have raised calls for concerted actions by global regulators.

The combination of the two platforms may create a powerful payments / money transfer / digital currency exchange with a global presence.

In an email to investors this week, Global Advisors Bitcoin Investment Fund (GABI), a Jersey - based investment vehicle that buys and sells bitcoin on behalf of investors, touched on ongoing developments in the digital currency markets, putting a special emphasis on developments in litecoin and how they relate to the larger bitcoin market.

Processing.com, a global payment solutions provider, announced on Wednesday a partnership with Coinsquare, one of Canada's leading digital currency trading platforms.

Read more in: Blockchain & Digital Currency, Global, Politics, Legal & Regulation Tagged beaufort securities, dennis mancino, fbi, federal bureau of investigation, hd view 360, pump and dum, pump and dump, sec, securities and exchange commission

Nearly 120,000 units of digital currency bitcoin worth about US$ 72 million was stolen from the exchange platform Bitfinex in Hong Kong, rattling the global bitcoin community in the second - biggest security breach ever of such an exchange.

But now, it's starting to seep into the global economy as more big brands are stepping out in support of the digital currency.

Read more in: Asia, Blockchain & Digital Currency, Global Tagged bitcoin, china, cryptocoin, cryptocurrency, distributed ledger technology, ethereum, peoples bank of china, yao qian