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 […]
go to article
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 […]
go to article
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 […]
go to article
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 […]
go to article
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 […]
go to article
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 […]
go to article
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 […]
go to article
