OKCoin has stopped accepting bitcoin deposits from customers in the US, citing regulatory pressure.
Beam has announced it will no longer focus on using bitcoin in an attempt to disrupt the Ghanaian remittance market.
A Goldman Sachs analyst has revealed insight into the global investment banking giant’s developing thesis on bitcoin and blockchain technology.
Bitcoin users in Canada can now buy and sell bitcoin using Coinbase, a move that brings the startup closer to launching in 30 countries by 2016.
CoinDesk profiles Whit Jackson, the 15-year-old developer working to make Ethereum easier for developers.
Which companies are supporting BIP 100 or BIP 101? We’ve tracked down the answers.
Barclays has revealed it will be pursuing a new partnership with an unnamed bitcoin exchange to help charities accept digital currency.
Vinny Lingham, Gyft co-founder and CEO, explains how bitcoin payments on his digital card platform have decreased.
Barclays, the London-based international financial company most notably known for its banking operations is set to help charities accept Bitcoin donations, says today’s edition of The Sunday Times.
Ranked 6th on the world’s list of wealthiest financial institutions with approximately 1.358 trillion pounds in assets as of 2014, this massive institution has stated that Bitcoin technology has the “potential to change financial services” and has entered into a partnership with a major Bitcoin exchange with whom it will begin testing at the end of this year. Barclay’s Chief Design and Digital Officer, Derek State has stated that the bank is “enabling the Bitcoin exchange to help charities accept Bitcoin”.
White has made several statements regarding the subject in the past, most notably during an interview with Ian Allison of the International Business Times, published on July 1st of this year:
“If you consider how identity comes into the transfer of anything valuable, the blockchain potentially has the ability to change the way that we verify or identify individuals. This is an area which will be useful to banks and other custodians of assets and value items.”
“I think the blockchain will serve as one of the greatest catalysts for us getting a different level of globally certified identification. This could fundamentally change the way banks verify customers in the future.”
While the announcement is hardly groundbreaking for UK-based Bitcoin enthusiasts, it bears to remember that Barclays still maintains two London-based labs fully dedicated to Bitcoin and Blockchain technology research and is very likely to continue rolling out related technology as they study how it can help improve the services they already provide. During that same interview with the International Business Times, Derek White made a point of mentioning that Barclays was waiting until significant breakthroughs from their labs came through in order to avoid creating false buzz.
The post Barclays Will Enable Charities to Receive Bitcoin Donations appeared first on CoinBuzz.
Hello, I would like to sign up for this campaign.
Post count: 605
Rank: Sr Member