PYMNTS

DECEMBER 27, 2020

In a continuing showing of the strength of the cryptocurrency, bitcoin is now valued at $500,000, according to the report. The rise of the currency's value has been surging just over the past holiday weekend, breaking $25,000 on Friday (Dec. 25) and then $26,000 on Saturday (Dec. In the U.K., In the U.K., 10, 2021 at 1 p.m.,

CBDC

PYMNTS

DECEMBER 26, 2018

The government of India is reportedly considering the legalization of digital currencies, with some restrictions, per CoinDesk. In other news, Bank Of America may be looking into using blockchain technology for automated teller machines (ATMs), CoinDesk reported. It needs to be legalized with strong riders.”

Legal

PYMNTS

MARCH 3, 2020

The blockchain for the Marshallese sovereign (SOV) digital currency will be developed with Algorand technology, according to an announcement. In other news, more than 7,000 digital currency ATMs now exist throughout the world, Cointelegraph reported. At that time, Robocoin put a machine in a café in Vancouver.

Digital Currency

PYMNTS

JANUARY 25, 2019

Might that familiarity help with the push to bring digital currency deeper into the mainstream? The launch of that service brings the relatively unfamiliar world of digital currency into the well-known world of the U.S. Who Uses Bitcoin ATMs, Anyway? The growth of bitcoin ATMs appears to be slowing.

ATM

PYMNTS

JANUARY 29, 2019

Francesco Firano, founder of cryptocurrency exchange BitGrail , has been ordered to repay the $170 million worth of cryptocurrency that allegedly went missing last year. million) onto another cryptocurrency exchange and tried to withdraw the money through a bitcoin ATM. He also deposited 230 bitcoins ($1.8

Digital Currency

PYMNTS

OCTOBER 28, 2016

Coinsource, America’s largest bitcoin ATM provider, just announced proudly that the company now has 55 ATM kiosks, after adding six new ones in California — four in Los Angeles and two in San Francisco. The average rate of a new bitcoin ATM? But maybe ATMs won’t indeed be the way that people access bitcoin.

ATM

PYMNTS

SEPTEMBER 17, 2020

Two individuals from Russia who were recently sanctioned by the Treasury Department purportedly put into place copycat websites for cryptocurrency exchanges that that tricked people into providing login information, CoinDesk reported. There were 9,680 bitcoin ATMs as of the start of the month, marking a 167 percent year-on-year rise.

Bitcoin

PYMNTS

JUNE 21, 2019

said it was going to increase scrutiny over digital currencies to make sure they weren’t being used to launder money, according to a report by Reuters. The firm plans to draft rules and oversight for cryptocurrency firms to prevent abuse. However, there are many ways to remain fairly anonymous.

Cryptocurrency

PYMNTS

OCTOBER 8, 2020

Barr unveiled the publication of “Cryptocurrency: An Enforcement Framework,” which his Cyber-Digital Task Force created, according to a Thursday (Oct. Cryptocurrency is a technology that could fundamentally transform how human beings interact, and how we organize society,” Barr said in the release. 8) press release.

ATM

Fintech News

MAY 27, 2024

Central bank digital currencies (CBDCs) have largely existed in the virtual realm, with transactions initiated primarily through web and mobile interfaces. It was a contactless payment on POS using a card issued by Eurasian Bank JSC on the Way4 digital payments software system.

CBDC

Fintech News

JULY 3, 2024

In the heart of Southeast Asia, a small island nation is making giant strides in digital currencies. Singapore, long known for its financial prowess and technological innovation, has emerged as an unexpected leader in cryptocurrency adoption. But what drives this remarkable adoption rate?

Financial Literacy

PYMNTS

DECEMBER 17, 2020

As of this writing, and as noted by CNBC , the marquee name of cryptocurrency stands out as it touches fresh new highs of about $23,000, eclipsing the highs seen as far back as three years ago, when bitcoin approached $20,000. Ternio, of course, has linked with Visa as a cryptocurrency-focused enablement partner.

Bitcoin

PYMNTS

APRIL 1, 2020

Spending at darknet markets declined during the past two months even with a drop in the price of the digital currency, per Chainalysis data, as the coronavirus pandemic has impacted every part of the global economy, CoinDesk reported. Darknets are websites that facilitate the sale of products such as counterfeit currencies.

Bitcoin

PYMNTS

AUGUST 30, 2019

The asset manager is developing a platform that would tailor portfolios of cryptocurrency funds for institutional investors, the Financial Times reported on Aug. Howard is launching a $1 billion endeavor for specially-designed cryptocurrency hedge fund portfolios. Nevada currently has 110 bitcoin ATMs.

Bitcoin

PYMNTS

MAY 7, 2020

Seattle-based digital currency ATM company Coinme has brought in a $5.5 In other news, digital currency financial services app Abra has notched a $5 million investment from the Stellar Development Foundation (SDF) that comes before its integration with the Stellar blockchain, CoinDesk reported.

ATM

PYMNTS

DECEMBER 16, 2016

For this week’s Bitcoin Tracker, we’re taking a look at Coinsource , the largest network of bitcoin ATMs in the United States. Most recently, that demand has taken Coinsource back to its home state of Texas, where it added 11 additional ATMs in Q4, bringing the total to 14. And India could be a cryptocurrency monster.

Bitcoin

PYMNTS

FEBRUARY 24, 2017

Though the cryptocurrency flirted with higher numbers, bitcoin mostly settled just above or below $1,000 for the first half of the month — likely while investors waited to see how the whole Chinese exchange investigation storyline would pan out. The cryptocurrency’s maximum value, reached on Nov. machines per week.

Bitcoin

PYMNTS

NOVEMBER 26, 2019

And Bitstop has announced a partnership with Simon Malls to bring a fleet of Bitcoin ATMs to various shopping destinations. Our Bitstop Bitcoin ATM mall locations are at the forefront of a trend as Bitcoin and digital currencies become part of the mainstream culture.”.

Bitcoin

PYMNTS

JULY 5, 2019

Cuban President Miguel Díaz-Canel has announced a plan to use cryptocurrencies to boost his country’s ailing economy. In other news, the Financial Markets Authority’s ( AMF ) 2019 Risk Map revealed that there has been an increase in complaints filed by French investors regarding cryptocurrencies this year.

Economy

PYMNTS

NOVEMBER 30, 2020

Pizza Hut will now accept cryptocurrency as a form of payment at its stores in Venezuela, Cointelegraph reported. 27 that it was partnering with the pizza chain to process cryptocurrencies, including Bitcoin, Litecoin, Binance Coin, Binance USD, Tether, Dash, Ether, Dai and XPT, Cryptobuyer’s native coin. billion) from more than 2.6

Bitcoin

PYMNTS

SEPTEMBER 14, 2018

With cash use still popular in Europe, and the technology behind digital money remaining fragile, the European Central Bank (ECB) doesn’t intend to create a digital currency. Even so, the spread of cryptocurrencies have brought the idea of central banks issuing digital money to light, Reuters reported.

Digital Currency

PYMNTS

DECEMBER 2, 2016

These things can change by the minute, as all cryptocurrency users well know, but the end of November and the first few days of December appear to have been good to bitcoin holders. While bitcoin remains largely unregulated and relatively unsecured worldwide, recent strides have been made in Japan to capitalize on the cryptocurrency market.

Bitcoin

PYMNTS

AUGUST 9, 2017

Whether it’s physical cash, digital currency or cryptocurrency, there are a multitude of ways for consumers and businesses alike to interact with others in a financial interaction. 475,000 to 500,000 | Amount of current ATMs in existence. million | Analyst predicted Q2 Green Dot revenue. $60

ATM

PYMNTS

SEPTEMBER 17, 2020

The race to develop central bank digital currencies (CBDCs) is underway, but it seems the Reserve Bank of Australia may not be in the running. 17), Australia’s central bank has viewed the issuance of such digital coinage with caution, and even a bit of skepticism. As reported by Cointelegraph Thursday (Sept.

Central Bank

PYMNTS

JUNE 24, 2019

Amid the announcement of a new cryptocurrency – that would be Libra – the Financial Action Task Force (FATF), which operates as global regulatory firm based in Paris with a membership roster of countries such as China and the United States, has said it will boost its examination of digital currencies with an eye on money laundering.

Money Laundering

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. Zcash made a splash this week in the world of cryptocurrency.

Bitcoin

PYMNTS

SEPTEMBER 6, 2019

In other news, cities around Colombia could be getting some new bitcoin ATMs. A partnership between bitcoin exchange, Paxful, and crypto ATM company, CoinLogiqbetween, could deliver 20 new bitcoin ATMs into the country, allowing users to buy the crypto using cash, credit and online debit transfers.

Bitcoin

PYMNTS

OCTOBER 14, 2017

In the ever-proliferating wave of cryptocurrencies and ICOs, Wu-Tang Clan’s Ghostface Killah hopes to raise $30 million in a digital coin sale in November of this year. What does Ghostface Killah know about financial services or cryptocurrency? Well, you know long-time in the cryptocurrency world is a relative term.

Cryptocurrency

PYMNTS

APRIL 23, 2019

Digital currency exchange Coinbase has shuttered its Chicago office and laid off 30 engineers, according to a report in Fortune. Cryptocurrency saw a dramatic rise in value through 2017, when bitcoin reached $20,000 and other digital currencies saw extremely high valuations.

Bitcoin

PYMNTS

MARCH 26, 2018

This is why many experts are saying that cryptocurrencies — or at least bitcoin — have no place in small dollar, day-to-day transactions like buying a coffee — that, and the amount of time it takes to process a payment, which is long enough for a hot coffee to cool, or for that mochaccino to melt. Each one has its own approach and rationale.

Bitcoin

PYMNTS

MAY 12, 2020

Bitcoin has long been the marquee name — shorthand, if you will — for the cryptocurrency space. JPMorgan, of course, also said last year that it would look to issue its own digital currency, the JPM Coin. Drilling down a bit, cryptocurrency scams ranked above online purchase fraud and fake checks/money orders.

Bitcoin

PYMNTS

OCTOBER 28, 2018

According to Coindesk , the companies behind the new token include decentralized exchange startups Kyber Network and Republic Protocol , as well as cryptocurrency custody company BitGo. Ethereum is set to launch a new token at the beginning of 2019. And many transactions still utilize hard copy transfers of documents.”.

Bitcoin

PYMNTS

JUNE 23, 2019

Overstock CEO Patrick Byrne said that he welcomes Facebook ’s entry into the cryptocurrency market. Byrne told CNN Business that the social media giant’s launch of its own digital currency validates the space — and Overstock would be open to partnering with Facebook on the project. I perpetrated a fraud.

Bitcoin

PYMNTS

MARCH 9, 2018

As regulators crack down on cryptocurrency exchanges, bitcoin slid again on Thursday (March 8) by 7 percent over a 24-hour period. Following a high earlier in the week, the cryptocurrency has tumbled more than 15 percent, CNBC reported. The popular virtual currency was trading at $9,336.92 as of 8:19 P.M.,

Bitcoin

PYMNTS

NOVEMBER 2, 2020

BlockCard, a digital currency FinTech platform by Ternio, is teaming with peer-to-peer (P2P) bitcoin marketplace Paxful to debut a new digital currency debit card, which lets users take out money from an automated teller machine (ATM), among other features.

Debit Card

PYMNTS

JUNE 25, 2019

JPMorgan plans to test its proposed cryptocurrency, the JPM Coin, by the end of the year, according to reports. Umar Farooq, the head of digital treasury services and blockchain at the company, said the firm will run a pilot of the coin with select customers near the end of 2019, if regulators allow it.

Cryptocurrency

The Paypers

MAY 7, 2020

Digital currency provider Dash has partnered with South Africa-based cryptocurrency payments and ATM company AnkerPay to implement DASH payments ecosystem across Sub-Saharan Africa.

Payment Networks