Fintech News

JANUARY 20, 2025

The Monetary Authority of Singapore (MAS) keeps the market secure through rules that protect investors while encouraging growth. This ensures transparency, security, and independence from central authorities like banks or governments. Youre in the right place.

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Payments Source

JULY 11, 2019

A Spanish effort to prosecute a gang that used Bitcoin automated cash machines suspected of being a front for illegal-drug payments has exposed a hole in European anti-money-laundering controls, law enforcement authorities in the country said.

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PYMNTS

JANUARY 26, 2021

Bitcoin gets all the headlines. But step beyond bitcoin and enter the world of cryptocurrencies approaching mainstream acceptance. At present, he said, a number of factors have inhibited the adoption of bitcoin as a transactional currency, including the fact that it’s expensive and can be very slow.

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PYMNTS

AUGUST 14, 2020

Coinbase, the digital currency exchange, will offer bitcoin-backed cash loans to select customers as early as next month, the San Francisco-based company announced on its blog this week. Customers in 17 states have been invited to join the waitlist to borrow up to 30 percent of their bitcoin holdings.

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PYMNTS

OCTOBER 27, 2020

Blockchain industry stocks are on the rise as bitcoin reaches new heights, Seeking Alpha reported. Bitcoin reached higher than the $13,600 level intraday. The price of bitcoin was $13,750.90 The Monetary Authority of Singapore will reportedly regulate the platform. 27) afternoon Eastern Time. as of 7:19 p.m.

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Finovate

JULY 7, 2025

Hospitality industry payments provider Katanox secures authorization from the Financial Conduct Authority (FCA) to initiate payment services in the UK. Crypto and DeFi Spanish banking company BBVA introduces its new Bitcoin and Ether trading and custody service. Business payments platform Exactly.com expands to Spain.

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PYMNTS

OCTOBER 9, 2020

Bitcoin and other cryptocurrencies are continuing to attract attention from authorities for all the wrong reasons. Among the issues plaguing bitcoin and its peers is the fact that unlike credit card transactions, cryptocurrency payments are almost immediately irreversible. For instance, a new U.S. A Slew of Problems.

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Cryptocurrency Bitcoin FBI Breach 82

PYMNTS

NOVEMBER 9, 2020

As other stocks rebounded at the news of a breakthrough in Pfizer and BioNTech’s joint COVID-19 vaccine, bitcoin fell sharply to nearly $14,815, according to CoinDesk. Violators are subject to a $500 fine per day, and the department will have the authority to audit any digital asset business license. Meanwhile, New Jersey Sen.

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PYMNTS

DECEMBER 1, 2020

Bitcoin saw a new all-time record high on Monday (Nov. Bitcoin’s price has been steadily rising in recent weeks, climbing above $19,000 last week , thanks to the pandemic-driven shift toward digital payments and cryptocurrency adoption by several mainstream companies, including Square and PayPal. Eastern Time.

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PYMNTS

OCTOBER 1, 2018

31, 2018, will mark the 10th anniversary of the day that a link to a paper , authored by Satoshi Nakamoto , describing the digital currency called bitcoin was first publicly circulated. Ten years after bitcoin launched, it remains the go-to currency of criminals and a way for cybercrooks to wash their money.

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PYMNTS

NOVEMBER 4, 2020

Bit by bit — but more than bitcoin by bitcoin — cryptos are inching into the mainstream, for both consumer and commercial applications. Elsewhere, Square announce last month that it has invested $50 million — approximately 1 percent of its total second-quarter assets — to purchase roughly 4,709 bitcoins. “We

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PYMNTS

MARCH 16, 2020

Authorities in the country had taken bitcoin mining off of a listing of undesirable industries, but bitcoin and digital currency trading was prohibited there. The company had notified police when it saw surprising activity levels throughout many of its computers.

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Tearsheet

FEBRUARY 27, 2025

Fast-forward to today, a Bitcoin-focused product strategy within the lineup seems to be a safer bet. Its early, all-in stance on Bitcoin now seems like a stroke of genius, given that crypto markets are maturing, Bitcoin is reaching new peaks, and a new administration is seemingly opening the door to crypto and Web3.

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PYMNTS

JUNE 30, 2020

In other news, authorities in Spain have taken 33 individuals into custody who allegedly marketed illicit pharmaceuticals via the web and laundered at least some of their $3.37 Authorities said the “purchase of virtual currency stands out” as they made note of the efforts of the suspects to get rid of their digital footprints.

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CoinRemitter

JANUARY 10, 2024

A popular and much-awaited approval of a spot Bitcoin ETF has grabbed headlines. Securities and Exchange Commission (SEC) has officially approved a Spot Bitcoin Exchange-Traded Fund (ETF). Spot Bitcoin ETF: A Brief Introduction A spot Bitcoin ETF is traded on stock exchanges. It holds Bitcoin as a primary asset.

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PYMNTS

AUGUST 7, 2020

German authorities are cracking down on several allegedly illicit cryptocurrency-related operations in the country. BaFin, Germany’s financial regulatory authority, has begun shuttering crypto ATMs run by KKT UG, CoinDesk reported. The crypto company operates 17 of the 67 bitcoin ATMs in Germany, according to CoinDesk.

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PYMNTS

JUNE 22, 2020

New Zealand police have frozen $90 million they say belongs to alleged bitcoin scammer Alexander Vinnik in what’s being called the country’s largest money seizure ever. Authorities also claim Vinnik operated several BTC-e accounts, including some tied to thefts from other virtual currency exchanges such as Mt. authorities, AP reported.

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Fintech News

SEPTEMBER 11, 2024

Both companies have integrated cryptocurrencies such as Bitcoin, Ether, Singapore’s XSGD stablecoin, and USDT into their payment options, allowing customers to use these assets for everyday transactions like e-wallet top-ups. A key part of this growth is the rise of XSGD, the Singapore dollar-backed stablecoin issued by StraitsX.

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PYMNTS

SEPTEMBER 22, 2020

The CEO of a Virginia-based software firm claimed that the Federal Reserve ’s easing of its inflation approach was a factor in his decision to convert the rest of the firm’s money to bitcoin, Bloomberg reported. “We

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PYMNTS

AUGUST 9, 2020

Meanwhile, crypto scammers have reportedly been impersonating the Polish Financial Supervision Authority (PFSA), the watchdog said. The NYDFS Greenlist also includes Bitcoin, ether and litecoin, along with other stablecoins like Gemini and Paxos. They still have to inform NYDFS before using the coin, though.

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PYMNTS

JUNE 23, 2020

New Zealand police have frozen $90 million they say belongs to alleged bitcoin scammer Alexander Vinnik in what’s being called the country’s largest money seizure ever. Vinnik has denied the allegations, saying he was merely a consultant to the BTC-e platform and unaware of any illegal activity, according to the AP. 10 of this year.

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PYMNTS

AUGUST 20, 2020

“We just converted our entire cash reserves that were originally used as savings into #Bitcoin,” according to one of the tweets from the company. The author of the thread said that the government assistance programs in the country made it difficult to have workers return.

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Payments Source

MAY 31, 2018

Today: LG Pay may get delayed; Canadian bank hackers reveal tactics; Brim's consumers face a long wait for launch; South Korean authorities sieze bitcoin. The information you need to start your day, from PaymentsSource and around the Web.

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Finextra

JUNE 10, 2025

In the United States alone, over 6,000 merchants already accept Bitcoin payments, and a Deloitte survey reveals that 85% of retailers see crypto as a tool to engage new audiences. External This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

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PYMNTS

AUGUST 11, 2020

The crypto was then converted to bitcoin and moved into a number of locations. Authorities raided the individual’s residence in 2019 and confiscated electronic devices in addition to funds. After changing the two-factor authentication, the individual moved a cache of digital currency to a foreign exchange.

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PYMNTS

JANUARY 18, 2021

dollar will remain strong on the international stage and won’t be surpassed by bitcoin anytime soon, although it could be a veritable reserve currency, CoinDesk reported. Other than, you know, gold, bitcoin. Flynn purchased bitcoin for his roughly 450 clients, the report stated. Unless the U.S. Unless the U.S.

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PYMNTS

NOVEMBER 25, 2020

24) from the BIS monetary and economic department titled “ Stablecoins: Risks, Potential and Regulation ,” the authors contended that stablecoins — including but not limited to Facebook’s Libra — pose a range of challenges to financial authorities around the world. In a paper that debuted Tuesday (Nov.

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PYMNTS

FEBRUARY 16, 2020

Binance o-founder and CEO “CZ” Zhao Changpeng said they applied “pretty fast” and that the local Singaporean authorities they dealt with were known for being fair. The Commodity Futures Trading Commission has charged a Colorado resident with fraud in an alleged Ponzi scheme.

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PYMNTS

MARCH 29, 2020

It purports to be “fully private” and share information between need-to-know organizations like state authorities and health officials. Commerce product lead John Zettler said bitcoin was still far and away the leader of the pack in terms of the types of crypto used for payment, due mostly to familiarity.

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PYMNTS

NOVEMBER 8, 2020

Arif Amiri , chief executive officer of DIFC Authority, said the addition of Ripple would help both organizations “advance the use of blockchain in Dubai, UAE and the region, and accelerate the Emirates Blockchain Strategy 2021,” according to the release. He said it would be more positive with more financial aid.

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PYMNTS

JULY 9, 2020

Authorities in China have confiscated bitcoin, ether and tether worth more than $15 million and luxury cars from those who allegedly ran a purported cryptocurrency scheme, CoinDesk reported. The victim reportedly told authorities, “Simply put, you send one unit of ETH to a designated address, you will receive 60 HT.

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Global Fintech & Digital Assets

JANUARY 24, 2024

The SEC’s long-awaited green light for spot bitcoin ETPs is welcomed by the market, but the ambivalent decision raises more questions than it answers. Spot bitcoin trusts hold actual bitcoin, as opposed to bitcoin futures trusts, which hold derivatives tied to the price of bitcoin. Valdez , Stephen P.

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PYMNTS

JULY 6, 2020

The feature was shelved at that time, as Expedia’s systems weren’t set up to accept bitcoin payments. Crypto Facilities , or Kraken Futures since it was acquired by Kraken last year, has been granted a Multilateral Trading Facilities (MTF) license by the Financial Conduct Authority (FCA).

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PYMNTS

MARCH 30, 2020

The company has also established offices in Japan as well as South Korea, and it got a license exemption from the Monetary Authority of Singapore (MAS) in February to run as a virtual currency service provider up to the conclusion of August without an additional regulatory green light.

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Fintech News

MARCH 13, 2024

Ajaib Kripto, the crypto trading application developed by Indonesian investment technology unicorn Ajaib, has announced a significant surge in its Bitcoin trading volume, marking a tenfold increase since the beginning of Q4 2023. In the past five months, the demand for Bitcoin from our customers has been truly remarkable.

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PYMNTS

DECEMBER 24, 2020

Here are some of cryptos’ key developments for 2020: Bitcoin Goes Higher And Higher. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies. And one of the most notable events of 2020 was the big appreciation in bitcoin’s price, tied as it is (and was) to optimism about cryptos’ future.

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PYMNTS

MARCH 5, 2020

And, the Financial Conduct Authority (FCA) in the U.K. have to be authorized by us.”. The country has been a trailblazer in the digital currency craze, and its biggest city, Seoul, had headed up an initiative to debut a digital currency. It said the company had been aiming to reach U.K. residents without its clearance.

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