The topic of how blockchain technology can be used to support social good was discussed at an event hosted by Microsoft last night.
Speaking at WIRED Money, Jonathan Vaux, executive director of new digital payments and strategy at Visa Europe said bitcoin has a future in payments.
The UK Home Office believes the government should consider creating its own digital currency that increases the traceability of transactions.
Bitcoin’s biggest problem is still the threat of a 51% attack, according to Dr Dirk Haubrich of the European Banking Authority (EBA).
The risks presented by digital currencies far outweigh the benefits, MasterCard has claimed.
The UK government should apply regulation to bitcoin wallets, multinational management consulting company Accenture has advised.
Citi has told the UK government it should consider creating its own digital currency, a newly obtained document has revealed.
Circle has closed a $50m funding round and announced the launch of new account features that enable customers to hold, send and receive US dollars.
Bitcoin custodian Elliptic has been selected to compete for a $50,000 prize in the Startup Challenge Finale at SWIFT’s Sibos conference.
Bitcoin wallet, exchange and merchant services provider Coinbase has launched in the UK.