Over the last few days there has been extensive coverage of the Goldman Sachs predictions for the future. The predictions were sent in a Emerging Theme Radar research report, titled “Themes, Dreams and Flying Machines”, to clients on Wednesday. From a finance and technology perspective the most heavily discussed of the Goldman Sachs predictions has been their ...
Alright, first things first – until fairly recently I admit that I was totally bamboozled by bitcoin, virtual currencies, decentralised ledgers and the difference between a blockchain and a block. Everyone in the financial services industry (literally) is talking about these buzz words and concepts such as mining so for me it was important to understand what ...
The EBA, European Banking Authority, has been watching Virtual Currencies (VC) since September 2013. In December 2013, the EBA publicly highlighted various concerns due to the risks associated with unregulated virtual currencies. A few days ago on 4th July, 2014 the EBA went further and released an EBA Opinion on Virtual Currencies. In this publication ...