DCEP: China’s crypto embrace will change the world
China’s relationship with cryptocurrency is not a straightforward story and the latest twist in the tale is the confirmed development of DCEP. SolutionsHub CEO Lee Hills takes a deep dive into China’s attitude to blockchain tech and explores how, with a state-backed token, the People’s Bank of China will change the world forever Cryptocurrencies are […]
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UK HMRC seeks cryptocurrency analysis tool
The UK’s tax authority has issued a request for proposals for ‘cryptoasset analysis tooling’ to deal a blow to cybercrime. The move is backed by a £100,000 budget, although the expectation is a subscription by user basis will be applied. This may prove problematic as the current marker leaders charge on variations of a per-check […]
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Will 2020 be the year of the bull? Don’t bank on it…
So 2020 is up and running and we’ve already seen some big stories in the world of blockchain and cryptocurrencies. But what will the rest of 2020 hold and should investors HODL for the rest of the year? Lee Hills, CEO of blockchain regulatory specialists SolutionsHub shares his predictions for crypto in 2020 The year […]
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What is a stablecoin?
What is a stablecoin? SolutionsHub CEO Lee Hills explains what they are and how they work A stablecoin is simply a cryptocurrency designed to have limited value volatility. To achieve this they are ‘backed’ by an asset, or a basket of assets. For a long time, stablecoins have been considered as a coin-backed by a […]
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Unikrn COO’s praise for SolutionsHub team
The team at SolutionsHub have been praised for our “unparalleled” understanding of blockchain and cryptocurrency. SolutionsHub worked with pioneering esports betting company Unikrn to obtain an Isle of Man gambling licence following its successful initial coin offering and launch of the company’s own cryptocurrency – Unikoin Gold. Unikrn COO Andrew Vouris said: “From the moment […]
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Will we see $50,000 Bitcoin? Not half….
Just last week I was asked by a journalist if I thought it was realistic to expect the value of Bitcoin to climb to $50,000 by 2021. Bitcoin reaching a landmark figure is always headline-grabber, particularly among the mainstream media, where there is often a lack of space or willingness to delve into the nuances […]
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GSC clarity on virtual currencies is welcome as IOM blockchain boom continues
The Isle of Man government’s open-minded and modern approach to blockchain technologies is already paying dividends, with several cryptocurrency-focused businesses choosing the island as a base and, therefore, boosting the local economy. In 2017, the Gambling Super Commission released Practice Note GSC85 which gave licensees both current, and prospective, guidance on several key points associated […]
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Libra: Should banks be worried?
Facebook Libra — the social media giant’s own cryptocurrency — has been the talk of the industry since it was announced in June. Some have welcomed the fact that one of the most famous companies in the world is adopting blockchain tech, while others have warned that a dangerous game is being played and it’s bad news, not least […]
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FCA update, Facebook Libra and a hint for the future of crypto
The introduction of Facebook Libra has increased the pressure on regulators to take a closer look at cryptocurrencies, according to SolutionsHub COO Nick Wright. The Financial Conduct Authority has moved to “provide clarity” on crypto with the publication of its latest guidelines on cryptoassets. Mr Wright is a director at SolutionsHub, a company specialising in blockchain […]
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EGR Awards; Cryptocurrency Services Supplier 2019
The Isle of Man has become a hotspot for blockchain businesses thanks to its open approach to emerging and transformative technologies, according to an award-winning business in the Island. SolutionsHub, based in Douglas, is a B2B service provider and licensing specialist focused on cryptocurrency companies. SolutionsHub is celebrating “a true honour” after being recognised with […]
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