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Bitcoin is “worthless” says Bank for International Settlements

By: Pedro Goncalves | 19 Jun 2018

Cryptocurrencies such as Bitcoin are “worthless” and a “poor substitute for the solid institutional backing of money.”The claim was made by the Bank of International Settlements (BIS),…

Binance supports Malta Stock Exchange’s startup accelerator programme

By: Pedro Goncalves | 19 Jun 2018

The Malta Stock Exchange has announced that digital currency exchange Binance is backing its newly launched program to support fintech startups and entrepreneurs. The MSX Fintech Accelerator is…

Argo launches crypto-mining service ahead of planned LSE flotation

By: Christopher Copper-Ind | 11 Jun 2018

Argo, a UK-Canadian venture, is looking to transform crypto-mining with the launch today of a new low-cost, flexible and easy-to-use service for users. The service is aimed…

Survey reveals 35% of HNWIs are investing in cryptocurrencies

By: Christopher Copper-Ind | 29 May 2018

DeVere has published the findings of a new international poll in which it is revealed that 35% of high net worth individuals (HNWIs) have already invested in…

Carey Olsen supports NZ crypto investment fund

By: Gary Robinson | 23 May 2018

Carey Olsen has advised Techemy Capital Limited on the launch of HODL 1 LP – a closed-ended fund vehicle targeting investments into private-sale stage initial coin offerings…

DeVere adds two more digital currencies to crypto-exchange app

By: Gary Robinson | 16 May 2018

DeVere has added a further two digital currencies to its cryptocurrency exchange app due to what it called public demand being “fuelled by digital money becoming ever…

HSBC makes world’s first blockchain-based trade finance transaction

By: Christopher Copper-Ind | 15 May 2018

HSBC, one of the world’s largest banking and financial services companies, announced yesterday it had performed the first commercially viable trade finance transaction using blockchain technology anywhere…

Jersey’s Carey Olsen assists CoinShares on new ICO fund

By: Gary Robinson | 15 May 2018

Carey Olsen’s investment funds team in Jersey has announced it played a central role in advising CoinShares Group on the successful first close of CoinShares Fund II,…

DeVere boss slams Buffet over cryptocurrencies stance

By: Gary Robinson | 08 May 2018

DeVere Group boss Nigel Green has hit out at Warren Buffett’s stance on cryptocurrencies, claiming that the renowned financial guru “needs to be educated” on the matter.…

Marshall Islands pioneers legal-tender cryptocurrency

By: Christopher Copper-Ind | 04 May 2018

The Marshall Islands, the remote archipelago in the Pacific best known for its shipping industry and home to 53,000 people, is developing plans to introduce its own…

Comment: Can GDPR and blockchain co-exist?

By: Luke Sayer | 04 May 2018

The EU’s General Data Protection Regulation (GDPR), due to be enforced on 25 May, implements new rights for people accessing the information companies hold about them and…

DeVere: Cryptocurrencies set for another surge in prices

By: Christopher Copper-Ind | 25 Apr 2018

Current market activity indicates that cryptocurrencies are set for “another considerable surge in prices gains” in the near future and Ethereum’s price could reach $2,500 by the…

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