French investment banking firm AXA is eying to use bitcoin for remittances; Australia-based Bitcoin mining operator Bitcoin Group is closer to being listed on the Australian stock exchange ASX, and more top stories for September 8.
AXA Bank Considers Bitcoin for Streamlining Remittance Market
French investment banking firm AXA is eying to use bitcoin for remittances so that it can streamline payments around the world. AXA is treating digital currency as an “investment thesis” through AXA Strategic Ventures, the bank’s US$223 million fund, and its accelerator, AXA Factory. The bank thinks that many use cases related to Bitcoin have not yet been explored.
Bitcoin Group is Back on Track to be Listed on ASX
Australia-based Bitcoin mining operator Bitcoin Group is closer to being listed on the Australian stock exchange ASX. The company re-released its prospectus after having to withdraw the documents following questions from regulators. It is raising AU$20 million by issuing 20 cent shares, using most of the cash to buy new Bitcoin mining equipment. It is expected to list on the ASX on November 11.
UPS Exec Dreams of a Bitcoin Future on Corporate Blog
Rimas Kapeskas, the Managing Director of the UPS Strategic Enterprise Fund, has posted