| Blockchain solution provider AlphaPoint has announced that banking industry veteran Scott Scalf is joining its executive team. Scalf, who was previously director of trade lifecycle systems at Deutsche Bank Global Technology, joins the firm as executive vice president of development operations. Daniel Palmer / Jan 21, 2016 01:58 pm
The cost of using the blockchain for a public records system would outweigh any benefits, a report prepared for Vermont's legislature concludes. Despite arguing against the creation of a blockchain-based public records system, the authors do note that it would offer some protection against forged or erroneous records. Stan Higgins / Jan 20, 2016 11:56 pm
Hong Kong-based bitcoin exchange Gatecoin has joined a startup accelerator backed by Standard Chartered and Chinese Web services giant Baidu. The SuperCharger Accelerator draws support from a number of regional and global firms, including Microsoft, the Hong Kong Stock Exchange, Ernst & Young and Fidelity. Stan Higgins / Jan 20, 2016 10:52 pm
The People's Bank of China, the nation's central bank, is investigating the launch of its own digital currency. While the bank gave no clear indication as to when the digital currency would be released, it did give some indication of the factors driving its development. Stan Higgins / Jan 20, 2016 05:55 pm
The International Monetary Fund (IMF) has released a staff paper that examines the risks and use cases of "virtual currencies", and recommends a balanced regulatory framework that will not stifle innovation. The report was presented by IMF Managing Director Christine Lagarde at the World Economic Forum in Davos. Daniel Palmer / Jan 20, 2016 05:26 pm
Australian tax authorities are reportedly beefing up their investigation of Craig Wright, who last year was alleged to be bitcoin's creator. According to regional news source The Australian, a special team from the Australian Tax Office has been called in to investigate Wright. Stan Higgins / Jan 20, 2016 05:00 pm
Arizona Congressman David Schweikert, a member of the House Financial Services Committee, is to address a blockchain conference in Washington, DC, this March. For the Republican representative, the DC Blockchain Summit will be the first time he has spoken before members of the bitcoin and blockchain community. Daniel Palmer / Jan 20, 2016 03:56 pm
R3CEV has announced the completion of a permissioned ledger test involving 11 of its 42 banking partners. Barclays, BMO Financial Group, Credit Suisse, Commonwealth Bank of Australia, HSBC, Natixis, Royal Bank of Scotland, TD Bank, UBS, UniCredit and Wells Fargo were involved in the experiment. Stan Higgins / Jan 20, 2016 03:20 pm
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