The wider adoption of blockchain technology by financial incumbents is likely to take place over four stages according to a new report by business management consultant firm McKinsey & Company.

Entitled "Beyond the Hype: Blockchains in Capital Markets", the report states that blockchain technology will "dramatically reshape the capital markets industry", impacting business models, cost savings and capital requirements in the sector.

http://www.coindesk.com/mckinsey-four-stages-blockchain-adoption/

The Times explained:

"The draft proposes setting financial conditions that virtual currency exchange operators should meet, such as a certain amount of capital, and requiring them to manage customer assets separately from their own corporate assets. In addition, it calls for introducing a mandatory system for exchange operators to undergo external checks by certified public accountants or auditing firms for their asset management conditions and financial statements."

read detail : http://www.coindesk.com/japan-draft-regulation-bitcoin-exchanges/

The technology underpinning the bitcoin digital currency could revolutionise the way in which charities operate by cutting transaction costs and ensuring more money goes to worthwhile causes, according to the Charities Aid Foundation.
Greater transparency provided by the “blockchain” technology — effectively a public ledger managed by a third party — would allow donors to track more effectively how their money was being spent, a CAF report found.


http://www.ft.com/cms/s/0/cf6644e8-a33f-11e5-bc70-7ff6d4fd203a.html

While the world looks to label Bitcoin for all of the things it isn’t–as a major financial mechanism of terrorism, or a smart way to perform money laundering–let’s take a look at one of the paths it does take. The charitable donation, for example. The charity industry has had their own public relations issues over the last several years for many fly-by-night organizations turning out to be full-on scams, like some alleged “Bitcoin exchanges” of days gone by. Bitcoin’s digital currency and its blockchain public ledger are seen as a way to improve not just the efficiency of corporate banking interests, but also smaller operations like charities.

http://www.newsbtc.com/2015/12/16/bitcoin-future-charity/

How It Works

Under “settings” in the Airbitz app is an option to select “buy/sell/spend.” The settings are on the left side for Android devices and on the right side for iOs. Users can then select either up to 20% off on Starbucks or 20% off on Target. Funds can be added by selecting the desired amount for a gift card. Leftover funds can be credited back to the Airbitz app.

Starbucks customers can load bitcoin onto the Fold app, which then transfers the purchase amount from the customer’s bitcoin wallet to a virtual Starbucks gift card. The customer then takes their smartphone to Starbucks and has the barcode scanned by a barista. Fold sends refunds to the customer’s wallet.

https://www.cryptocoinsnews.com/airbitz-integrates-fold-app-enabling-bitcoin-payments-starbucks-target/

In this morning’s bitcoin pricewatch article, we noted that – as a result of the recent selloff – we would be wary heading into today’s action. The bitcoin price collapsed last night, likely not as the result of any underlying fundamental pressure but simply on the back of individual speculators taking profits at weekly highs. Regardless of the reason, however, we were uncertain how long the selloff would last. Whether the correction seen earlier this afternoon was just a gap-filler, or whether it was indeed a longer term correction was the primary question. Whichever way the bitcoin price went, however, we were ready to respond using the key levels outlined as part of our intraday breakout strategy. As we head into tonight’s Asian session, however, what are the levels we are looking at in tonight’s bitcoin price market, and where will we look to trade on any volatility? As always, grab a glance at the chart below to get an idea of our focus range.


http://www.newsbtc.com/2015/12/16/bitcoin-price-choppy-live-trade-on/

A group of Bitcoin developers along with the makers of btcsuite have, in an announcement today, revealed that they are building Decred, an alternative digital currency. The project, according to the press release, is seen as one to address “the issues of project governance and development funding” that is seen as prevalent in Bitcoin today.

Citing concerns of an increasing centralization of power in the Bitcoin project and the prioritization of interests of those who fund the project, a group of Bitcoin developers and the creators of btcsuite have started building a new, alternative currency called Decred.


https://www.cryptocoinsnews.com/bitcoin-developers-are-creating-a-new-digital-currency-called-decred/

Bitcoin At Tax Time: What You Need To Know About Trading, Tipping, Mining & more
If you have come into possession of Bitcoin or any other digital currency such as Ripple or Litecoin that is “convertible” to a real currency or can be used to pay for goods and services, it may seem virtual. But the Internal Revenue Service considers it very real and you need to account for it at tax time.

“If you’re not doing the accounting [on your digital currencies], you are on the line for tax evasion or misfiling,” says Jake Benson, CEO and founder of Libra Tax, which offers accounting software for digital currencies. “The reason you’d want to account for your Bitcoin and the gains and losses is the exact same reason you need to do it when you trade stocks. If you don’t, you’re breaking the law"



http://www.forbes.com/sites/laurashin/2015/12/16/bitcoin-at-tax-time-what-you-need-to-know-about-trading-tipping-mining-and-more/

how much you can save everymonth from your salary ?
10% 20% or  50% ?

i save 30-40% of my salary to My wedding costs 

nice tutorial, This is can make the newbie does not wonder anymore
bookmark and save this link, im interesting to translate this thread to my local language if you allow it

anything can happen in this moment after crash today we can see crash in nextday but
im sure we will reach $1000 but not in this year, might be at midle 2016 before bitcoin halving

Bitcoin is future of money

I can not say if they scaming me
but my bitcin withdraw pending in more than 2x24hours

after it they are released my bitcoin

and don't forget about smartwork
anyway today i have only 0.014 and some usd at exchanger
waiting bitcoin price down to $430 then hodl it and waiting $500 to sell it

if the price fall when the halving actually happens
Im sure miners will stop mining activities due to difficulty getting up and prices began to fall
and they start buying bitcoin and hodl it

it's like xapo wallet your wallet would be change every receive transaction
but you still can acces your old address and you can still receive any bitcoin from your old address

ew will back to $1000 soon
this is just the intermezzo  

the price comeback to 3000yuan some minutes ago
i think more whales come to accumulation in bitcoin trade  

how about  satoshi 
sometimes i think theymos know who is satoshi nakamoto 
or theymos is satoshi 

oke this is just my opinion 

he just people who want to be famous
 
Wright had listed two PhDs on his since-deleted LinkedIn page, one from Charles Sturt University in Bathurst, Australia, in computer science. But that university now tells Forbes that it never gave Wright any PhDs, although it granted him three master’s degrees in related fields: Networking and Systems Administration, Management (Information Technology), and Information Systems Security.

my plan I would buying some bitcoin before halving maybe 1-2week before halving then waiting price skyrocket at block halving day
also im interesting to buy bitcoin miner to start mining before block halving

maybe in the end of this year

any  connection with this article ?
3hours ago
https://www.washingtonpost.com/business/economy/falling-oil-prices-concerns-about-interest-rates-drag-stocks-down/2015/12/11/26492d3c-a03b-11e5-a3c5-c77f2cc5a43c_story.html