Bitcoin Is Financial Sobriety
Two college-age Bitcoiners discuss how young people are changed by the culture of Bitcoin.Watch This Episode On YouTubeListen To This Episode:BitcoinTVAppleGoogleLibsynAudibleRumbleCollege, for many, can be an experience that completes the transition from youth to adulthood. Along with the many responsibilities that come with living on your own are the freedoms to enjoy life. It can be a life-direction-changing place, for better or for worse. With these themes in mind, I spoke with Bitcoin Magazine’s very own Eli Dyer about the differences we’ve observed in young people we know outside of....
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Back in January of 2016, a warning was issued how the world should brace for the impact of a new financial crisis. Given the recent financial crisis, the question becomes whether or not there are any signs of recovery, or if things are worse for the wear. Depending on which country one resides in, there might be a slight improvement although a large part of the world is still working towards stabilization. If a new financial crisis were to take place tomorrow, things could get kind of interesting for Bitcoin to say the least. Despite what financial experts may want the general public to....
Toyota Financial Services is not your average bank, as the company focuses on automotive financial services. They are also the first player in that particular industry to join the R3 consortium. The R3 Consortium is a collection of several dozen financial institutions all over the world looking to explore blockchain technology. But the group continues to expand, and Toyota Financial Services is their latest member. Merging distributed ledgers with automotive financial services will be quite an interesting experiment. R3 Welcomes Toyota Financial Services. Toyota Financial Services is not....
According to a general notice published in a government gazette, crypto assets are now treated as financial products under South Africa’s Financial Advisory and Intermediary Services (FAIS) Act. Declaration of the crypto assets as financial products means crypto asset service providers (CASP), such as exchanges, must apply for a license. Declaration Applicable to Any Digital Representation of Value Not Issued by Central Bank According to a recently published South African government gazette, crypto assets have been declared as financial products under the country’s Financial....
Private blockchains are making their way into the financial sector. Mizuho Financial Group and IBM are working on using this technology for settlement through virtual currency. The name Mizuho Financial Group is becoming synonymous with blockchain in the financial sector these days. In February of 2016, the financial institution partnered with Cognizant....
All of this goes to show the financial sector remains insecure despite all of the recently issued warnings. Criminals often use malware to attack financial institutions around the world. In most cases, these efforts are more than successful, creating a strain on the financial ecosystem. Things are getting out of hand in Poland, though, as the financial regulator allegedly infected various banks with malware. A rather disturbing development seemingly orchestrated by foreign hackers. It is not often a financial regulator infects banks with malware. It appears the Polish financial regulator....