PYMNTS

OCTOBER 27, 2019

A research team was established in 2014 by China’s central bank to explore launching a digital currency and increase China’s control of the money supply, Reuters reported on Saturday (Oct. David Marcus , the executive in charge of Facebook’s proposed digital currency, said if Libra fails, the U.S.

Digital Currency

PYMNTS

FEBRUARY 13, 2020

The Peoples’ Bank of China has filed over 80 patents in its attempts to start its own digital currency, an extensive and elaborate plan to take the renmibi to the digital stage, according to published reports Wednesday (Feb.12). officials’ take on digital currency. And the project isn’t a new one.

Interbank Settlement

PYMNTS

SEPTEMBER 23, 2020

The digital currency receives “competitive yields” from decentralized finance (DeFi) protocols without intervention as it stays in a user's wallet. Origin said the digital currency is a natural addition to its aim of facilitating peer-to-peer (P2P) commerce. dollars in 2014.

Origination

PYMNTS

MAY 7, 2020

Seattle-based digital currency ATM company Coinme has brought in a $5.5 The company was started in 2014 and has 28 staffers and over 3,500 locations throughout 27 states. million investment as it experiences rising interest in its network, GeekWire reported.

ATM

PYMNTS

DECEMBER 7, 2018

To help further use of digital currency and head off price manipulation, two U.S. One bill, the Virtual Currency Consumer Protection Act of 2018, calls for research on price manipulation of digital currencies to help keep investors safe. representatives have proposed bipartisan bills in Congress.

Research

PYMNTS

JULY 7, 2019

According to The Wall Street Journal , “the Internal Revenue Service is expected to update its 2014 guidance on cryptocurrencies in coming weeks, following an April request from a bipartisan group of 20 lawmakers. Are new bitcoin rules coming? It is part of a broader push to boost the nascent cryptocurrency industry.”

Regulations

PYMNTS

SEPTEMBER 30, 2016

” Bitso was founded in 2014, and the startup has just raised $2.5 The Mexican government has implied that bitcoin is subject to many of the same restrictions as cash and precious metals, and a 2014 report suggested that the Mexican government might restrict banks from using bitcoin. I think those places are very interesting.”

Bitcoin

PYMNTS

SEPTEMBER 27, 2018

According to its dictionary, bitcoin is defined as “a digital currency.”. However, CNBC noted that “the Scrabble Dictionary is updated less frequently, and the popular form of digital currency was not included in the previous edition released in 2014.”. Nine points, per the game’s rules.

Bitcoin

PYMNTS

OCTOBER 20, 2017

Since mid-2014, more than 50 of the world’s major financial services institutions have invested in the sector.”. Mastercard has filed for more than 35 patents in blockchain technology and invested in the Digital Currency Group , which incubates cryptocurrency like bitcoin and blockchain-related companies.

Blockchain

PYMNTS

MARCH 31, 2017

While the debate stems from differing ideologies on block size , the controversy calls into question the ability of a digital currency without a central authority to update and innovate itself in any meaningful way. Earlier this week, digital currency exchange startup ShapeShift announced the close a $10.4

Bitcoin

PYMNTS

OCTOBER 26, 2017

The company wants to raise up to $500 million through sales of the new digital currency. Overstock.com is one of the most significant investors in the blockchain technology on which digital coins are based. The Overstock.com subsidiary, tZERO , is planning to launch an initial coin offering (ICO), according to news from CNBC.

Blockchain

PYMNTS

MAY 8, 2019

The blockchain group is reportedly working on a stablecoin , which is a digital currency tied to either one or a group of traditional currencies, something that would make it less susceptible to swings in prices. PYMTS CEO Karen Webster recently took a deep dive into the potential digital currency and its implications.

PayPal

PYMNTS

NOVEMBER 22, 2016

Goldman Sachs was one of the nine original members of R3, which was created back in 2014 to explore ways to use blockchain technology with Wall Street. Blockchain is the technology behind bitcoin, the popular alternative digital currency.

Blockchain

PYMNTS

NOVEMBER 4, 2016

Suspicions, backlogs and new competition threaten to throw some digital wrenches in continued growth. ” CryptoCoinsNews also reported that a digital currency pyramid scheme in Vietnam led the government to, once again, warn against its citizens using bitcoin. Vietnam’s State Bank has denounced bitcoin since 2014.

Bitcoin

PYMNTS

DECEMBER 16, 2016

For the future of bitcoin, Sharp is in agreement with many that we’ve only just begun to see what digital currency has to offer the world. “It’s The price of bitcoin has continued its December climb this week. Bitcoin is at its highest value since early Feb. After a drop into the mid-760s on Sunday (Dec.

Bitcoin

PYMNTS

SEPTEMBER 23, 2016

Growing impatient waiting for their ETF fund to be listed and to boost bitcoin trading, the cofounders of the Gemini Trust Company, a digital currency exchange based in the U.S., are introducing a daily bitcoin auction so that the currency can be traded any time. dollars, but this is expected to expand to more currencies later.

Bitcoin

PYMNTS

NOVEMBER 1, 2018

Bizkey CEO and Co-founder Ken Huang said very few people actually use digital currency, even though it has been around for 10 years, and the company hopes to change that through the event, “which will be the first time that retailers in Singapore will accept cryptocurrency as payment, on such a large scale.”.

Blockchain

PYMNTS

JULY 7, 2019

According to the Wall Street Journal , “the Internal Revenue Service is expected to update its 2014 guidance on cryptocurrencies in coming weeks, following an April request from a bipartisan group of 20 lawmakers. Are new bitcoin rules coming? It is part of a broader push to boost the nascent cryptocurrency industry.” They also worry the U.S.

Regulations

PYMNTS

JUNE 2, 2020

In April, Forbes reported Bitcoin’s price surged in March, rising sharply as the digital currency suffered severe losses amid a widespread sell-off. At the time, the digital currency’s one-month volatility reached 167.24 percent on March 31, its highest since January 2014.

Bitcoin

PYMNTS

NOVEMBER 2, 2018

He said the digital currency was a “terrible store of value” in 2014 and called it a fraud last year. (He However, Dimon later noted that blockchain technology is “real” and “a technology,” although he has noted that “bitcoin is not the same as a fiat currency.”. ” The executive has long been a skeptic of bitcoin.

Bitcoin

PYMNTS

OCTOBER 14, 2016

This rogue group also voiced fears that bitcoin’s strong position in the market could be usurped by an alternative digital currency. Governments the world over are struggling with bitcoin and blockchain; regulatory frameworks for conventional financial systems are not applicable to digital currencies.

Bitcoin

PYMNTS

JUNE 22, 2018

A court in Japan stopped the exchange’s bankruptcy proceedings, potentially allowing at least a billion worth of digital currency to be returned to its rightful owners, Fortune reported. The exchange collapsed in 2014 after 850,000 bitcoins went missing: They were worth around $473 million at the time.

Returns

PYMNTS

AUGUST 16, 2016

Paul Vernon, chief executive of now-defunct digital currency exchange Cryptsy, is denying allegations he took millions of dollars in funds from the service and moved it to his personal accounts. The report noted the digital currency exchange operator also faced growing complaints for months about withdrawals.

Digital Currency

PYMNTS

MARCH 3, 2017

The prospect of a bitcoin ETF has investors betting big on digital currency; SEC approval could be a major milestone in the journey toward bitcoin legitimacy. “If In February 2014, Mt. How bitcoin will fare if and when introduced to the Market with a capital M is anybody’s guess for now.

Bitcoin

PYMNTS

JUNE 17, 2016

But Canada isn’t the only one this week eyeing an alternative digital currency. Tokyo Wants A Piece Of The Digital Currency Pie, Too. The bank is reviewing its own digital currency option that uses the same underlining technology. This event is expected to occur in roughly 23 days.

Bitcoin

PYMNTS

DECEMBER 23, 2016

22), setting an all-time high for the alternative digital currency. What happened in 2013 resulted in a lot of new bitcoin being generated and the value of the digital currency skyrocketing from basically nothing to making some successful miners very wealthy. That’s the highest level since Jan.

Bitcoin

PYMNTS

NOVEMBER 14, 2016

The report noted Hill is one of nine people who are facing charges as part of the hack of JPMorgan , which the bank disclosed in 2014. The report noted Hill was released on a $75,000 bond after he appeared in court. The records of more than 83 million accounts were compromised in that incident.

Bitcoin

PYMNTS

JANUARY 6, 2017

A look at Crypto-Currency Market Capitalizations shows that, roughly in the same frame of time, the top 57 digital currencies all saw their values drop. While it remains unclear how these investment clubs relate to digital currencies, it seems plausible that the clubs were perhaps conducting fraudulent bitcoin schemes of sorts.

Bitcoin

PYMNTS

AUGUST 9, 2017

To help nudge Overstock in this decision to open up its cryptocurrency acceptance, which began in 2014 with bitcoin, the representation of bitcoin in the market fell from 80 percent to under 50 percent. With this move, Overstock is now the first major retailer to accept multiple forms of cryptocurrencies as payment.

Cryptocurrency

The Fintech Times

SEPTEMBER 10, 2024

Crypto change China banned cryptocurrencies like Bitcoin in 2021 , shifting its focus to developing its own central bank digital currency (CBDC). The digital renminbi, or e-CNY, has been in development since 2014 and entered its pilot phase in 2019. Further collaborations are also underway.

FinTech

PYMNTS

JUNE 18, 2018

Back in 2014, he helped enable merchants to accept bitcoin as a payment method. Would love to see a digital currency thrive.” Square’s Founder and Chief Executive Jack Dorsey is a big supporter of bitcoin. He also famously said in a tweet last year, “Bitcoin: we tried this with our eCommerce store years back.

Bitcoin

PYMNTS

JUNE 27, 2016

This follows its $2 million Series A round in December 2014. The latest conversation among Japan’s Liberal Democratic party surrounds plans for bitcoin and other digital currencies to be treated equally to any other currency. The company, Quoine , announced that is has raised $16 million for its Series B round.

Bitcoin

PYMNTS

FEBRUARY 2, 2018

2014 to Jan. Investors are fleeing the volatile crypto sphere, as regulatory initiatives are taking shape around the globe that would put greater scrutiny on digital currencies, how and where they are trading, and might even lead to pockets of total restriction, depending on what country’s involved.

Bitcoin

PYMNTS

DECEMBER 9, 2019

And against that backdrop, while regulatory hurdles are in place for crypto at the moment, there is the increased profile of cryptos, through private and public efforts — and what Deutsche termed “the incentives of governments and card providers are such that digital currencies are inevitable.”.

Multi-Currency

PYMNTS

DECEMBER 9, 2019

And against that backdrop, while regulatory hurdles are in place for crypto at the moment, there is the increased profile of cryptos, through private and public efforts — and what Deutsche termed “the incentives of governments and card providers are such that digital currencies are inevitable.”.

Multi-Currency

CB Insights

MARCH 29, 2018

The company announced that it would accept bitcoin payments in September 2014, and other cryptocurrencies (like ethereum and litecoin) in August 2017. This made Overstock one of the first major retailers to accept cryptocurrency as payment. And it’s small because when it gets big, somebody will be able to build custom ASIC.

Blockchain

PYMNTS

MAY 1, 2017

According to reports, Mizuho has already been working with IBM on a number of blockchain-related projects, including the development of its own digital currency. In 2014, Mizuho inked a deal to outsource supply chain finance operations to PrimeRevenue.

Blockchain