Micro News

France and Germany will unveil their joint vision for reforming the Eurozone by March as stated by German Chancellor Angela Merkel on Friday the 15th of December in effort to bridge the divisions over the future of the currency. The President of the EU, Donald Tusk,  asked the 27 leaders to speak openly…


Accenture’s Group CEO for Growth Markets believes that Blockchain can help solve social issues. 1.1 billion individuals, nearly one sixth of the world’s population, currently live without proof of identity. And so, Accenture is a founding partner of the ID2020 Alliance which uses biometrics including…


The Monetary Authority of Singapore (MAS) has issued a strong warning to potential investors to act with “extreme caution” and to fully comprehend the considerable risks of choosing to invest in digital currencies. 2017 saw a spectacular growth of Bitcoin and other decentralised digital currencies with…


The GMO Internet Group in Japan will begin to pay employees partially in bitcoin in 2018. GMO Internet Group invests in the cryptocurrency and will give employees the choice to be paid from about USD $88 in bitcoin (about 10,000 yen) to USD $881 in bitcoin (100,000 yen). According to sources, the offer…


Earlier this month, Singapore concluded their successful hosting of the 2nd Singapore FinTech Festival. The week-long festival brought together investors, financial institutions, start-ups, technology companies, academics and anyone interested in the cutting edge of innovation and technology. The events…


Bitcoin: bubble or stable high prices?

Within the past 12 months, the price of Bitcoin has increased from less than USD $800 to more than USD $12,000. The momentous increase in value caused many to question if it is a bubble or if the high price of today is here to stay. The financial definition of a bubble is a situation where the price…


Could there be a Bitcoin bubble?

Bitcoin is now comparing past economic bubbles due to its own phenomenal rise in 2017. Perhaps the earliest example of an asset bubble would be the tulip craze in the 17th century in which Dutch speculators caught a dose of irrational exuberance over the arrival of tulip bulbs into Europe from the Ottoman…


Among other functions that we have seen in blockchain technology development; UBS is now leading its application on data reporting in order to comply with the new EU rules aimed at improving financial market transparency.  To ensure data accuracy the group formed by UBS, Barclays, Credit Suisse, KBC,…


Google and the Singapore investment company Temasek Holdings published a study according to which, the Internet economy of Southeast Asia achieved unprecedented growth and exceeded SGD $50 billion (USD $67.55 billion). All areas of the Internet economy showed steady growth in 2017. According to the…



Cyprus:
+357 25 02 50 34
Singapore:
+65 62 47 71 92
Russia:
+7 812 458 46 22
Skype:
eltoma.0015