Monerium co-founder and CEO, Sveinn Valfells, said that this will be the first time that electronic money will be used over the blockchain technology. He explained further: “For practical purposes, fiat will be the currency most people and institutions will want to use in the near- and medium-term. And if you are touching fiat in any way, you just have to comply with the relevant regulations ... Bitcoin continues to gain credibility as time passes. Less than 2 weeks ago, the US Bank Regulator officially allowed US banks to provide fiat bank accounts services to cryptobusinesses and provide… Bitcoin and the Future of Money (Icelandic version) 1. Bitcoin and the Future of Money The emergence of the ﬁrst global, decentralized, digital cryptocurrency Sveinn Valfells, PhD linkd.in/wtaHi5 Islandsbanki Wealth Management (VIB.is) Open Meeting on Cryptocurrencies April 23, 2014 Sveinn Valfells, PhD (linkd.in/wtaHi5) Bitcoin and the Future of Money Islandsbanki Wealth Management (VIB.is ... Bitcoin for Microstates How Iceland could adopt Bitcoin Sveinn Valfells, PhD linkd.in/wtaHi5 July, 2013 Sveinn Valfells, PhD (linkd.in/wtaHi5 ) Bitcoin for Microstates July, 2013 1 / 18 Sveinn Valfells, co-founder and CEO of Monerium in a press release commented, Unlike cryptocurrency which is volatile, e-money is a proven digital alternative to cash, regulated and redeemable on demand… Using programmable e-money in smart contracts heralds a new category of payments. It’s hoped by those involved that this will help to boost seamless cross-border payments across different ...
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