One of the Top Goldman Sachs Exec Joins Blockchain Company Chain ⋆ Epeak . Independent news and blogs

  • At the same time, people who have been with the mainstream financial institutions are finding the cryptocurrency sector more appealing owing to their companies’ involvement in distributed ledger technology.
  • Like many individuals in the past, Tom Jessop — who previously held the position of Managing Director, Technology Business Development and Chief Financial Officer of the Technology Division at Goldman Sachs has now filled in the post of President at Chain.
  • Jossep’s inclusion into the company will help Chain leverage on the new president’s vast experience in mainstream banking technology domain.
  • Speaking about Jossep’s accomplishments and the value he brings to the organization, Ludwin said,

    “Blockchain technology is market technology, re-imagined.

  • He is an accomplished leader who brings an impressive combination of operational expertise coupled with widespread recognition as a strategic thinker in the financial technology, capital markets, and blockchain industries.

The interest in cryptocurrency technology among mainstream banking and financial institutions is unwavering. At the same time, people who have been with th
Continue reading “One of the Top Goldman Sachs Exec Joins Blockchain Company Chain ⋆ Epeak . Independent news and blogs”

Could a digital currency bring Africa closer to China?

  • Now, a Kenyan start up is bringing Africa closer to its biggest investor, China, by letting companies on the continent send payments to the Asian nation which are traded in Bitcoin.
  • Using BitPesa’s website , users in Kenya, Uganda, Tanzania, Nigeria and the Democratic Republic of Congo can send money directly to bank accounts in China.
  • BitPesa takes care of the Bitcoin trading at the back-end, and for the user the experience is much like sending money by any other independent money transfer service.
  • International money transfers can be costly and often go via payment corridors that zigzag the globe before reaching their destination — an inefficient and archaic method, says Rossiello.
  • Payment companies that trade with Bitcoin tend to fall under the same regulations as conventional money transfer services, Travia explains.

Bitcoin start up BitPesa has launched a payment service which they hope will make it easier for African companies to do business with China.
Continue reading “Could a digital currency bring Africa closer to China?”

Bitcoin firm gets approval to operate in Switzerland

  • Bitcoin firm gets approval to operate in Switzerland
  • While other crypto-currency firms already operate in Switzerland, Xapo’s operation as a bitcoin wallet provider had raised questions over whether it required a banking license.
  • The approval depended on several factors, including membership of a “self-regulatory organization”, Casares said, but added that the company was optimistic of meeting the conditions and being able to serve non-U.S. customers from Switzerland.
  • ZURICH (Reuters) – Bitcoin wallet provider Xapo said it has received conditional approval from Switzerland’s financial market watchdog to operate in the country in a regulatory breakthrough for companies that provide safekeeping for the virtual currency.
  • Bitcoin Suisse operates a network of bitcoin ATMs across the country, as well as an online and in-person brokerage for buying and selling bitcoins.

By Brenna Hughes Neghaiwi ZURICH (Reuters) – Bitcoin wallet provider Xapo said it has received conditional approval from Switzerland’s financial market watchdog to operate in the country in a regulatory breakthrough for companies that provide safekeeping for the virtual currency. “After almost
Continue reading “Bitcoin firm gets approval to operate in Switzerland”

Bitcoin firm gets approval to operate in Switzerland

  • Bitcoin firm gets approval to operate in Switzerland
  • While other crypto-currency firms already operate in Switzerland, Xapo’s operation as a bitcoin wallet provider had raised questions over whether it required a banking license.
  • Bitcoin Suisse operates a network of bitcoin ATMs across the country, as well as an online and in-person brokerage for buying and selling bitcoins.
  • Olga Feldmeier, a former managing partner of Xapo who coordinated the Swiss licensing process for the company, told Reuters that Xapo had been designated a financial intermediary, meaning it will not require a costly banking license.
  • The approval depended on several factors, including membership of a “self-regulatory organization”, Casares said, but added that the company was optimistic of meeting the conditions and being able to serve non-U.S. customers from Switzerland.

Bitcoin wallet provider Xapo said it has received conditional approval from Switzerland’s financial market watchdog to operate in the country in a regulatory breakthrough for companies that provide safekeeping for the virtual currency. “After almost two years of substantial effort and investment
Continue reading “Bitcoin firm gets approval to operate in Switzerland”

Bitcoin firm gets approval to operate in Switzerland

  • President Trump signed a pair of executive orders on Wednesday stepping up immigration enforcement efforts and calling for “the immediate construction of a physical wall on the southern border.”
  • When Donald Trump took the oath of office to become the 45th President of the United States, he also gained access to the official @POTUS Twitter account.
  • President Trump’ Twitter War of Words With Mexico
  • The @FLOTUS account belonging to Melania Trump, @PressSec account handed to press secretary Sean Spicer and @VP account held by Vice President Mike Pence all were registered to private emails accounts.
  • Trump orders construction of border wall and dramatic measures to block illegal immigration

By Brenna Hughes Neghaiwi ZURICH (Reuters) – Bitcoin wallet provider Xapo said it has received conditional approval from Switzerland’s financial market watchdog to operate in the country in a regulatory breakthrough for companies that provide safekeeping for the virtual currency. “After almost
Continue reading “Bitcoin firm gets approval to operate in Switzerland”

Could a digital currency bring Africa closer to China?

  • “Some companies are even giving cash to a middleman who physically gets on a plane.
  • The company has seen interest from large multinationals.
  • Considered the most well-known of a number of digital currencies, Bitcoin has seen increased interest in recent years in emerging markets such as East Africa.
  • Interest in the digital currency is growing in emerging markets
  • International money transfers can be costly and often go via payment corridors that zigzag the globe before reaching their destination — an inefficient and archaic method, says Rossiello.

Bitcoin start up BitPesa has launched a payment service which they hope will make it easier for African companies to do business with China.
Continue reading “Could a digital currency bring Africa closer to China?”

Could a digital currency bring Africa closer to China?

  • “Some companies are even giving cash to a middleman who physically gets on a plane.
  • The company has seen interest from large multinationals.
  • Considered the most well-known of a number of digital currencies, Bitcoin has seen increased interest in recent years in emerging markets such as East Africa.
  • Interest in the digital currency is growing in emerging markets
  • International money transfers can be costly and often go via payment corridors that zigzag the globe before reaching their destination — an inefficient and archaic method, says Rossiello.

Bitcoin start up BitPesa has launched a payment service which they hope will make it easier for African companies to do business with China.
Continue reading “Could a digital currency bring Africa closer to China?”