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 […]

Scotcoin – Scotland’s Own Digital Currency, a World Coin With a Scottish Ethos

  – A speech by Temple Melville to Scottish Fintech on Wednesday 19th September 2018   “Good afternoon! I represent Scotcoin, Scotland’s own digital currency, a World Coin with a Scottish Ethos. I have just three things to tell you about today, all of them important. One is potentially profitable for you, one will benefit […]

Dundee Scotcoin Meetup

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Chocolate Bitcoins

If you are a chocoholic like me, you just might know that Belgium has been involved with the manufacture and sale of chocolate for nearly 400 years. Yes, 400 years. It has more than 2000 chocolate shops selling just – chocolate. They manufacture over 170,000 tons a year. It’s a big business. And it’s been […]

ICO? Take care…..

A Boston College research paper entitled Digital Tulips has found that fewer than half of all ICO projects survive more than 120 days after the completion of their sales of tokens to the public. That is really scary. And this fact does not seem to be putting people off. Another $10-12 billion of ICOs will […]

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