BitPesa & BitBond start bitcoin loans to Kenya
German blockchain loans provider BitBond has partnered with BitPesa to facilitate payments directly to Kenya mobile accounts. Read more: bitcoinist.com
US government worried digital currencies lead to tax avoidance
Banks, the traditional middle-man for financial transfers, are highly regulated entities. Bitcoin transactions which occur in a distributed environment are not. Read more: www.crowdfundinsider.com
Alternative banking moves to the blockchain
Chronobank is working on issuing blockchain tokens (similar to bitcoins on the bitcoin blockchain) that would allow labor hours to be used as a currency. These coins will then be tradable from peer to peer and on a decentralized marketplace called LaborX. Read more: www.coindesk.com
Federal Reserve official warns of digital currency’s risks
A US Federal Reserve official raised caution about central banks issuing digital currencies. Read more: www.venturebeat.com
Rise in bitcoin related scams on social media
A report has found that with the rise of bitcoin’s value the number of scams involving bitcoin on social media and websites has increased. Read more: www.cryptocoinsnews.com
Infosys Finacle partners with Emirates NBD and ICICI Bank
Using the EdgeVerve Blockchain Framework for Financial Services, the network was successfully piloted on the huge UAE-India remittance corridor. Read more: www.bobsguide.com
Ethereum has doubled in just a few days
Ethereum continues to delight traders everywhere. Read more: www.cryptocoinsnews.com
First bitcoin machine opens in Panama
TigoCTM as opened the opportunity of bitcoin and cryptocurrency to entrepreneurs worldwide from their new Panama based franchise office. Read more: www.pressreleaserocket.net
Ledger banks $7m for cryptocurrency security hardware
Cryptocurrency security hardware maker Ledger has raised $7m in a Series A round co-led by MAIF Avenir and Xange. Read more: www.fintechroundup.com
Deloitte backs blockchain financial inclusion startup Humaniq
Blockchain-based banking startup Humaniq has landed backing from professional services giant Deloitte. The size of the round is undisclosed. Read more: www.fintechroundup.com