Vietnamese Central Bank Bans Cryptocurrencies
Vietnam’s central bank, State Bank of Vietnam has declared the use of digital currencies in the country as illegal. The central bank also announced that it...
Lebanon’s Central Bank Governor Disses Bitcoin at Digital Currency Launch
The bank that prints the money used today in Lebanon plans to launch its own digital currency.
Announced Thursday by Riad Salameh, the governor of the Banque...
UBS CEO: Blockchain to Play ‘Big Role’ in Reshaping Industry
Add the CEO of Swiss banking giant UBS to the "blockchain not bitcoin" crowd.
In a new interview with CNBC this week, Sergio Ermotti expressed doubt about...
ING Suggests Bitcoin Mining Consumes Too Much Electricity
According to an article published by Business Insider, Dutch bank ING recently published a study suggesting that bitcoin mining consumes too much electricity. The report...
R3 Files Patents for ‘Dynamic’ DLT Recordkeeping
Consortium startup R3 has filed two patent applications detailing its work on applying distributed ledger tech to "dynamic" agreements between financial institutions.
The two applications – submitted last year and...
UBS: Cryptocurrencies Are a ‘Speculative Bubble’
UBS has said that cryptocurrencies like bitcoin are a ‘speculative bubble’ and are unlikely to become a mainstream currency. Yet, it believes the blockchain...
