Digital Currency Group Hints At Going Public In The Future
Barry Silbert and Digital Currency Group are two names many Bitcoin enthusiasts will be more than familiar with. It should come as no surprise to find out that DCG is keeping a close eye on the progress of Bitcoin and blockchain technology in India, which is one of the world’s leading emerging markets. Unocoin is one of the leading Bitcoin in India, and DCG has invested in this company, among others. Digital Currency Group Makes Strategic Investments. The country of India provides an interesting playing ground for Bitcoin, blockchain technology, and digital currency in general. With a....
Related News
A group of bitcoin experts will be convening in Bretton Woods to discuss current cryptocurrency trends and where it might be in the future. Among this panel are Victoria van Eyk, ChangeTip's vice president of community development, Jinyoung Lee Englund from the Digital Currency Council, and Michael Casey, senior adviser at the Digital Currency Initiative at MIT Media Lab. The group will spend three days in discussions to come up with a document that explains what bitcoin is, what parts of the economy it could potentially change, and what the roadblocks to that change could be. Future of....
When it comes to getting at very least some recognition, one would think banks of all entities would be the last to join the group. The Bank of Korea, however, might be surprising us. Reports indicate that the South Korean central bank and issuer of the country's won currency may soon recognize bitcoin as a currency as opposed to a hobby, according to BusinessKorea. Despite the progress, the bank is still of the mindset that the digital currency won't do terribly well long-term: "The BOK said on December 3 that it made a report on bitcoins and is pondering a measure to open the virtual....
One thing some Bitcoin community members ought to point out is how Digital Currency Group seems to be following the same path as the mainstream media by turning away from Bitcoin and focusing on the blockchain. A lot of people active in the Bitcoin world will have heard about the recent investment in Digital Currency Group by Western Union. This news has caused a lot more questions than answers, although it seems DCG has added some new advisors to their board who will help shape the future for Bitcoin and blockchain. Although there has been a lot of focus on the investment made by Western....
A new study suggests that 'millennials' and more affluent consumers see the most promise in digital currencies like bitcoin. The research further suggests that these groups could be the driving force behind mainstream adoption of the digital currency in the future. Data from technology research firm Accenture collected insights into the digital payment preferences of more than 4,000 US citizens, and found that while only 8% of participants currently use digital currency, 18% foresee using the technology by the year 2020. Individuals in the millennial generation - corresponding roughly to....
The future of cryptocurrency seems to be solidified more and more every month, with the growing interest in Bitcoin technology all over the world. Bitcoin has often been referred to as the disruption of the remittance sector, due to its global availability and low fees when sending money around the world. It comes as quite a surprise to find out Western Union has invested in Digital Currency Group, a company focusing on Bitcoin and blockchain. It is always positive for any business in the world of Bitcoin and blockchain to secure additional investment. Things may seem a bit strange when an....