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Bank of England: Bitcoin could transform stock markets

Bank of England Bitcoin could transform stock markets

The technology behind digital currency bitcoin could have far-reaching implications and the potential to reshape the financial industry, according to a new report by the Bank of England (BoE). The reason for the BoE’s excitement? Virtual currencies – most notably bitcoin – have at their heart a publicly distributed ledger system called …

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Bitcoin As Salary: Yes Or Not?

Bitcoin As Salary Yes Or Not

Converting paychecks into bitcoins through exchanges is tedious task for companies and employees, which is why employees are now accepting salaries directly in bitcoins. To make the task less tedious, a Canadian payroll software company, Wagepoint, is letting employers pay remuneration to their staff directly in bitcoins. The firm takes …

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eBay going into Bitcoin with Braintree unit

eBay going into Bitcoin with Braintree unit

eBay Inc. is finally going to start experimenting with Bitcoin. On Monday, eBay announced that Braintree, the company’s payment processor subsidiary, would begin accepting the virtual currency in the “coming months.” According to Braintree CEO Bill Ready, who was speaking at San Francisco’s TechCrunch Disrupt conference, the company has partnered …

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Azteco and Xoin, Two Bitcoin Voucher Companies Targeting Unbanked People in Africa

Azteco and Xoin, Two Bitcoin Voucher Companies Targeting Unbanked People in Africa

Africa has huge population that has not been able to access banking and financial services even in the 21st century; however, two Bitcoin voucher services providers Azteco, and Xoin are now trying to reach to the same unbanked population. The British Bitcoin voucher service Azteco and South African startup Xoin …

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Bitcoin Voucher Startups Aim to Help Africa’s Unbanked

Bitcoin Voucher Startups Aim to Help Africa’s Unbanked

British bitcoin voucher service Azteco and South African startup Xoin have separately launched services designed for one potentially huge emerging market; namely, the unbanked populations of Africa. Azteco, which claims it is “the easiest way to buy bitcoins”, has announced that it is in the final stage of development of its voucher product and is …

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