The Currency Scene:
News, Events, and Stories about currency from around the world.

Opinions / Blog

Blockchain in Japan – Understanding the Legal Framework

As with all innovation, blockchain technology can only develop so far before it faces legal hurdles making it necessary to create an acceptable legal framework to grow within.

So far, even the leading blockchain countries have been slow to accommodate this fast-growing business and technology development, thus hindering and even blocking it from achieving its potential.

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Solving the Challenge of Growing ATM Costs: Managed Services or ATM Outsourcing?

Despite growth in online shopping and cashless technologies, consumers continue to love cash. According to the 2018 Diary of Payment Choice by the Federal Reserve Bank of San Francisco, cash accounts for approximately 34 percent of all payments across age groups, cementing ATMs as a vital touch point between financial institutions and their account holders – especially for younger consumers.

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Why Taiwan Might Become a Blockchain Island

Bitcoin is the pioneering cryptocurrency that has lasted for more than ten years despite the many market challenges. Taiwan is among the first countries to take blockchain use seriously. Jason Hsu, a vocal congressman of this island plans on integrating bitcoin use on a national scale, which he says will make Taiwan the place to be for people working on the blockchain technology.

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The Logo Story

currensceneFLOGO WHTsquareThough not the oldest form of currency, some form of shell money appears to have been found on almost every continent. The shell most widely used worldwide as currency was the shell of Cypraea moneta, the money cowry.

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