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The European Union should hold off for now from regulating blockchain, the technology that underpins the virtual currency bitcoin.
Barclays has become the first big British bank to form a partnership with a digital currency firm, social payments app Circle, which runs partly on bitcoin's blockchain network and launched in the UK on April 6.
TOKYO: A laggard in embracing the “fintech”, or financial technology, revolution, Japan is set to ease investment restrictions that could free up the flow of capital in an economy sitting on an estimated US$9 trillion in individuals' cash deposits.
Digital currency bitcoin has found favour among smaller investors, thanks to the availability of funds designed to invest in it, but remains a niche among the larger investing community.
Parknav, which colour codes roads according to parking spaces, PopUp Play, which lets kids design their own castle forts, and 360° smartphone video recorder Splash are among SXSW's six Accelerator Winners.
Forty of the world's biggest banks, including HSBC and Citi, have tested a system for trading fixed income using the technology that underpins bitcoin.
SYDNEY (Reuters) - A new Australian political party is using the virtual currency bitcoin as a model to replace what they say is an outdated political system - representative democracy - with a streamlined new polity for the information age.