A Swiss bank is now offering to buy bitcoins for its clients. As of Wednesday, investors can ask their asset manager at Falcon Private Bank, a boutique investment firm headquartered in Zurich, to purchase and store bitcoin on their behalf – a first for conventional banks.
Read the full article in New Scientist here
Bitcoin’s very public scaling debate is entering a crucial phase. Two of the most popular scaling proposals available today — BIP148 and SegWit2x — both intend to trigger Segregated Witness (“SegWit”) activation within a month, which means that the protocol upgrade could be live within two.
At the same time, there is a very real risk that Bitcoin “splits.” Both BIP148 and SegWit2x could diverge from the current Bitcoin protocol, which could in turn lead to even more splits.
We will be issuing a statement prior to July 29th detailing how Independent Reserve aims to handle these events.
Click here to read the full article in Bitcoin Magazine
It’s official. Scott Morrison has announced the removal of double GST on Digital Currency transactions in the 2017 budget.
From July 1 , 2017, digital currencies will be treated the same way as physical money for GST purposes. That means the current situation, where someone pays GST twice – first on the purchase of the cryptocurrency, then a second time when spending it on goods and services – would no longer apply.
This is great news for the Fintech sector in Australia and puts the country onto a strong footing for future growth and development.
Full details in Business Insider.
We are pleased to be able to offer a special discount to attend this year’s APAC Blockchain conference in Sydney from 7-9 March. With support by the ADCCA, the event will bring together business leaders and disruptive start-ups at the forefront of using and testing both Blockchain and Bitcoin’s potential. Hear from leading Australian and International Digital Currency and and Blockchain experts on a range of topics across the exciting, emerging FinTech market.
With some of the most engaging speakers in the world, including; Joseph Lubin, Ethereum and ConsenSys; Annabel Spring, Commonwealth Bank; Liam Maxwell, UK Government; Chami Akmeemana, ConsenSys, and many more, this event will focus on identifying the opportunities and overcoming the challenges to making this technology a commercial reality in the Asia Pacific.
See ticket packages and book online here
Get your 15% discount using the promo code: INDREV_15
Nasdaq today announced plans to leverage blockchain technology as part of an enterprise-wide initiative. Nasdaq will initially leverage the Open Assets Protocol, a colored coin innovation built upon the blockchain.
The Bank of England has unveiled analysis of Digital Currencies like Bitcoin that suggests electronic money could cause a tectonic shift in the payments industry.
Click here for the full story in The Telegraph.
Watch Andreas Antonopoulos, author of Masterting Bitcoin explain Bitcoin to a group of students at MIT.