In the first half of 2016, 455 million users conducted 62.644 billion transactions online in China. As the biggest online payment processor, Alipay may lose huge potions of market share due to such ... Read More
Since 2000, China’s the currency circulation(M2) has been up from 13 trillion yuan to 150 trillion yuan. But the proportion of narrow money (M0) to M2 is increasingly lower: in 2000, the proportion ... Read More
"It's still too early to know which approach will be most successful, but heavy regulation is likely to stifle innovation and the environment in London should make it more attractive to start... Read More
On Wall Street, Lawsky's tough-cop approach
earned him the scorn of some finance professionals.
At Sourcemedia's Convene conference in Midtown Manhattan on Tuesday, Lawsky said that th... Read More
Thai Bank Pilots Cross-Border Transaction Using Blockchain
Thailand's Bank of Ayudhya PCL successfully conducted a cross-border transaction with a bank in Singapore using a blockchain, it announced Tuesday.
The bank, also known as Krungsri, announced it co
IBM to Hire Blockchain Researchers for French Expansion
Technology giant IBM is hiring nearly 2,000 people in France - and many of them will be focusing on blockchain technology, chief executive Virginia Rometty said Wednesday.
In an interview with Fren
Bitcoin drops 9%, now back below $8,000
Bitcoin extended a two-week sell off Wednesday, falling below $8,000 to its lowest level since mid April. The digital currency dropped 8.7 percent to a low of $7,512.43 as of 12:30 p.m. ET,
As bitcoin plunges, mega-bull Tom Lee stands by his $25,000 target
Fundstrat's Tom Lee is standing his ground on bitcoin soaring to $25,000. On Wednesday, the cryptocurrency plunged below $8,000 and traded at around $7,500, essentially giving up most of the gains