Entries by C Wylie

Scotcoin Meetup – 8 May 2019

Date: Wed 8 May Venue: Avalon, 25 Kent Road, Glasgow G3 7EH Time: 6pm Join us for an update on The Scotcoin Project and cryptocurrency in general. As the cryptocurrency market grows and matures, we see trends emerging showing the best ways of getting wide scale adoption and how blockchain technology is being used. Chat […]

Scotcoin Meetup talk – 26th February 2019

1. General introduction: I want to start by telling you all about the issues we had last year. Without going into too much detail as lawyers are involved and matters are sub judice, it became obvious in about May of 2018 that we were being led up the garden path and generally legged over. It […]

9 reasons cryptocurrencies are better than credit cards

We might be biased, but there’s a growing voice behind using cryptocurrencies in favour of a credit card. Dashnews reports that growing credit card charges have encouraged people to take a second look at using cryptocurrencies to exchange cash.  Some interesting points in this article – what do you think? https://dashnews.org/9-reasons-cryptocurrency-is-better-than-credit-cards-today/

Africa leading the way in Cryptocurrency adoption…

Peer to peer network Paxful has reported a boost in trading figures using Bitcoin as opposed to traditional currencies.  They attribute this to the instability of local currencies and the ease of using crpytocurrencies to exchange goods/services using just a mobile phone. https://cointelegraph.com/news/crypto-payment-firm-volume-of-transactions-in-africa-has-risen-130-percent-in-2018

Scotcoin KYC and AML

The Scotcoin Project CIC (“Scotcoin”) Scotcoin announces that it has terminated its contract to develop a new KYC and AML blockchain solution for the digital currency following a lengthy and difficult period of discovery and consolidation in respect of the contract. However, we are also pleased to announce we are in advanced discussions with a […]

Bitcoin turns 10!

On 3rd January Bitcoin celebrated its 10th birthday – 10 years from the very first Bitcoin transactions on the “Genesis block”, or in simple language, the very first block on Bitcoin’s blockchain. https://cointelegraph.com/news/bitcoin-turns-ten-on-anniversary-of-genesis-block

Buy £20 of Scotcoin and we’ll give £5 to Social Bite

From now until 31st January 2019, Scotcoin and Social Bite have joined forces to help the homeless to have a better end to their year. There is no limit on what number of Scotcoin you can buy and Scotcoin will donate £5 for every £20 you buy. So buy £100 worth and we will donate […]

UK Tax status for crytocurrency

Cryptocurrency Tax Status On December 15, 2017, the European Council and the European Parliament finally agreed the 5th AML (Anti Money Laundering) Directive. This directive contains the first legally binding definition of virtual currencies and is the most significant regulatory action over virtual currencies anywhere in the world. Because of a Swedish ruling a couple […]

Welcoming Better Regulation

For the past 2 years, Scotcoin has performed KYC checks on all purchasers via the official exchange. We wholeheartedly welcome better regulation – and are leading the way!   Bitcoin and other digital currencies are a “Wild West industry” and need to be regulated to protect investors, a committee of MPs has urged. | BBC […]