Fortum partners with NBCC to set up EV charging infra in projects

Finnish clean energy firm Fortum Oyj today said it has entered into a pact with state-owned construction company NBCC for developing electric vehicle charging infrastructure at all its upcoming projects. “Fortum Oyj, leading Finnish clean energy company in which Government of Finland owns 50.8 percent shares, has signed a Memorandum of Understanding (MoU) with NBCC […]

RBI group suggests linking lending rates to 3 external benchmarks by April 2018

Beena Parmar Moneycontrol News The Reserve Bank of Indiaa��s study group has suggested linking lending rates to three external benchmarks — Treasury Bill rates, the CD (certificates of deposit) rates and the RBIa��s policy repo rate a�� by April 1, 2018 to improve monetary transmission. a�?After carefully analysing the pros and cons of 13 possible […]

Hong Kong Exchange Tidebit Seeks to Capitalize Upon Chinese Cryptocurrency Crackdown

Hong Kong-based bitcoin exchange Tidebit is actively seeking to attract Chinese investors who have been forced from Chinaa��s markets after the central governmenta��s recent cryptocurrency crackdown. For Tidebit, the crackdown comprises a once-in-a-lifetime opportunity to expand its operations by capitalizing upon the exodus of capital from Chinaa��s bitcoin economy. Also Read:A�P2P Bitcoin Trading Slows in […]

Large Japanese Energy Supplier Adds Bitcoin Payments With a Discount

Remix Point, a Japanese company engaged in a number of energy-related businesses, has recently launched a new electricity service with bitcoin payments integrated to serve customers all over Japan. The company is now offering customers who pay with bitcoin a discount on their electricity bills. Bitcoin payments are processed by the companya��s cryptocurrency exchange subsidiary, […]

Head of IMF Sees Future for Virtual Currency

Virtual currency could, indeed, be the way of the future. At least thata��s what the Managing Director of the International Monetary Fund (IMF), Christine Lagarde, told an audience in London last week. Lagarde spoke at length on the topic during a Bank of England conference. The bank was holding the event in celebration of its […]

Bitpay Sprints Towards Processing $1B Bitcoin Payments Annually

The global bitcoin payment service provider, Bitpay, has released a progress report that details the companya��s payment volume has grown exponentially this year by 328 percent. The Atlanta-based company founded in 2011 says ita��s steadily approaching US$1B in bitcoin payments processed annually. Also read:A�Goldman Sachs Contemplates Creating a New Bitcoin Trading Operation Bitpaya��s Payment Volume […]

Nigerian P2P Bitcoin Exchange Offers Services to All African Nations

The Nigerian person-to-person (P2P) bitcoin exchange, Bitkoin.Africa, launched on October 1st. The exchange currently only provides Nigerian users with full functionality, but claims to allow customers from a�?all other countriesa�? to buy bitcoins. Also Read: Bitcoin Prices Skyrocket to $7200 on Zimbabwean Exchange During Economic Turmoil Bitkoin.Africa Allows Customers From All African Nations to Purchase […]