According to the Wall Street Journal, the Federal Trade Commission, which functions as an entity preventing illicit actions in various trading operations, has appointed Lorrie Cranor, an expert in online privacy and security, as its chief technologist. Previously she headed the Carnegie Mellon CyLab’s privacy lab, wrote over a hundred.
According to a survey carried out in July by Bitkom, a German association for IT, only a few top managers in local finance believe bitcoin or any other cryptocurrency will ever gain any wider adoption as compared to current stance.
According to the Sydney Morning Herald, local bitcoin company Bitcoin Group seeking to be listed on the ASX, has to release yet another supplementary prospectus, which is a third in a row, and withhold its listing until January. This delay is caused by the Australian Securities and Investments Commission, which.
Jamie Smith who had previously worked at the White House as the president’s special assistant has taken the position of Bitfury’s head of global communications department.
Indian technology company Infosys has stated it has intentions to create 250 jobs in Ireland seeking to develop financial innovations, including the blockchain technology.
Former Deputy Minister for Finance of Russia: Bitcoin is the Biggest Financial Breakthrough in Fifty Years
Alexei Savatyugin, former deputy minister for finance of Russia called cryptocurrency the biggest financial and economic breakthrough in last fifty years. He stated that in an interview to publication The Banker. In addition, he noted that there were not many revolutions of that kind in the history of the civilization.
Bitcoin startup Purse announced a mysterious thing they called a “secret bitcoin project” named Tritium, which seems to be released in near future. No details regarding the project were available from the startup itself and its investors. The only information known in this respect is that the project is set.
A working group from the Commonwealth Bank of Australia, which has launched an innovation lab, has announced a test run of an internal blockchain to demonstrate its practical value and capabilities to broad public, including its customers, employees, and, most importantly, the representatives of local regulators.