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Professional services firm PricewaterhouseCoopers (PwC) has signed a memorandum of understanding (MOU) with Barbados-based financial technology (fintech) company Bitt Inc. to propel the use of blockchain technology across the Caribbean, according to a press release sent to...

Caricoin Ltd. announced Thursday the launch of what it calls “the mobile wallet of the Caribbean.” Based in the UK with development offices in Jamaica, Caricoin said in a press release it’s offering the first social mobile money platform in the Caribbean to use bitcoin....

Overstock announced last week a strategic investment in Bitt, a financial technology company that aims to encourage Caribbean island countries to adopt digital national currencies. The Utah-based online retailer is investing $4 million in Bitt initially. “A major impediment to...

The United Nations Economic Commission for Latin America and the Caribbean recently released a report in which it examines the use of digital currency technology in the Caribbean subregion with the goal of drawing attention to the opportunities and liabilities related to this...