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.

Bitcoin

PYMNTS

NOVEMBER 14, 2016

prosecutors late last week charged a Florida man in connection with an illegal bitcoin exchange. Hill is linked to an illegal bitcoin exchange owned by a person in Israel that is accused of hacks on JPMorgan Chase. The records of more than 83 million accounts were compromised in that incident. Prosecutors contend Coin.mx

Bitcoin

PYMNTS

AUGUST 19, 2019

Hamas, the militant Palestinian group, has come up with a new way to raise funds for its terror campaigns: bitcoin. The site is available in seven languages and also features a video that explains how to acquire and send the digital currency without authorities catching on.

Bitcoin

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. 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. But the U.S.

Bitcoin

PYMNTS

AUGUST 31, 2020

The Bank of Korea (BOK) is speeding up its efforts to create a central bank digital currency (CBDC) experimental program, The Korea Times reported. BOK reportedly intends to release more information on a consulting collaboration with a local firm.

CBDC

PYMNTS

NOVEMBER 15, 2018

The market capitalization of bitcoin, the leading cryptocurrency, declined to under $100 billion for the first time since October of 2017 amid a steep sell-off in digital tokens Wednesday (November 14). According to a report in CNBC citing Coinmarketcap.com, the market cap of bitcoin was at $98,194,458,586 overnight.

Bitcoin

PYMNTS

NOVEMBER 28, 2017

As the value of a single Bitcoin has risen to more than $9,000 per coin, climbing nearly six points in 24 hours, some are worried the cryptocurrency is in a bubble. Although the phrase only comprises approximately 3 percent of all Bitcoin-related searches, its search prevalence is on the rise. This is it.”.

Bitcoin

PYMNTS

SEPTEMBER 16, 2016

With no Samsung-like news for bitcoin, prices are holding steady and are even a bit bullish. But let’s turn to the miners, who aren’t happy at all with a stable bitcoin price. The bitcoin block reward was halved in July, which has changed the profitability of new miner entries and could impact the decentralization of bitcoin.

Bitcoin

PYMNTS

AUGUST 16, 2016

Bitcoin is going more mainstream in Africa, if the United Nations has anything to do with it. On the United Nation’s OnlineVolunteering.org website, the agency said it is looking for volunteers to help boost the adoption of the digital currency in Africa. Some people think bitcoin is a way to address and fix that problem.

Bitcoin

PYMNTS

SEPTEMBER 12, 2016

Dunkin’ Donuts Now Buyable With Bitcoin. Bitcoin’s days as being sort of a fringe financial product may be coming to a close, since so much of 2016 has been dedicated to pushing toward a more mainstream future. Kohan, VP of retail consulting at store analytics firm RetailNext. “I

Bitcoin

The Fintech Times

MAY 26, 2024

In recent years, digital currencies have been all the rave. However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. Developed and emerging markets alike are considering the possibility of introducing CBDCs.

CBDC

PYMNTS

DECEMBER 4, 2020

About 10,000 Cubans have turned to bitcoin and altcoins, including ethereum and dogecoin, to skirt around U.S. according to CryptoNews, citing data from The Havana Consulting Group and Tech. sanctions, according to a report from Deutsche Welle’s Spanish-language service, reported CryptoNews.

CBDC

PYMNTS

JUNE 23, 2019

Bitcoin price surpassed $10,000 for the first time in more than a year. In fact, bitcoin has more than tripled in value from its low at the end of 2018, giving investors hope that the worst is over for the world’s most popular crypto. But this latest rebound, which has been less hyped, could be a sign the market is maturing.

Bitcoin

PYMNTS

SEPTEMBER 14, 2017

Imagine shopping for a new outfit, computer or groceries and paying for the purchase with bitcoin. Love or hate blockchain, there’s no denying that digital currencies have grown in popularity, and there is certainly a market for cryptocurrency acceptance at physical retail points of sale (POS). Yes, in a real store.

Blockchain

Fintech Finance

DECEMBER 9, 2024

Director, Payments and Cybersecurity at Toshiba Global Commerce Solutions Smitha Purohit, Director of Product, Blockchain, Crypto, and Digital Currencies at PayPal Stacy Armijo, Chief Experience Officer at Amplify Credit Union Stephanos Papadopoulos, Founder & Chief Executive Officer at Spatzia.eu

Office of the Comptroller of the Currency

PYMNTS

JANUARY 24, 2019

” On another note, the Department of Banking and Securities (DoBS) in Pennsylvania released new guidance geared toward the local digital currency space, CoinDesk reported. The department indicated that digital currency service providers and exchanges aren’t required to have a money transmission license.

Blockchain

PYMNTS

OCTOBER 23, 2017

A software engineer from Florida was slapped with a 16-month prison term late last week after a court found him guilty of scamming to aid an illegal bitcoin exchange. The bitcoin exchange, Coin.mx , was linked to JPMorgan’s 2014 data breach , in which the account information of more than 83 million customers was compromised.

Bitcoin

Fintech News

JANUARY 24, 2024

In May 2023, the MAS released a Consultation Paper on amendments to the Payment Services Regulations 2019, introducing new measures for Digital Payment Token (DPT) services, including a requirement for customer asset safekeeping under statutory trust. They broker exchanges of Bitcoin, Ethereum, Solana, and other digital assets.

Service Provider

CB Insights

SEPTEMBER 7, 2021

The biggest deal was Ledger’s $380M Series C in June, backed in part by Digital Currency Group — the top blockchain investor by deal count since 2017. The company offers enterprise blockchain application development, technology services, and consulting. Bitmain Technologies ) as well as large-scale miners.

Blockchain

PYMNTS

JUNE 27, 2018

Cryptocurrency company Dash revealed a collaboration with payments provider AloGateway in Asia to facilitate cross-border B2B payments using blockchain and cryptocurrencies, including Dash, bitcoin and ether. The digital currencies can be stored in AloGateway wallets, the firms explained, according to Crowdfund Insider reports.

Real Time Gross Settlement (RTGS)

The Fintech Times

MAY 31, 2024

In recent years, digital currencies have been all the rave. However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted.

Stablecoins

Clearly Payments

NOVEMBER 21, 2023

The Integration of Cryptocurrency in Canada The integration of cryptocurrencies, such as Bitcoin and Ethereum, into the Canadian payment landscape is a dynamic and evolving process. As digital currency becomes more regulated, it will become more trusted and used by financial institutions and society.

Payments Trends

PYMNTS

AUGUST 17, 2017

In an interview with PYMNTS, Jerry Norton, vice president of financial services industry at IT services and consulting company CGI , said that in a global sense, the broad movement toward real-time payments is currently shaping the payments industry. Asked about overestimation, Norton pointed to “everything that is around digital currencies.

Innovation

CB Insights

MAY 8, 2018

And, although Google searches for “bitcoin” and “blockchain” have slid, companies are still flush with cash from 2017’s ICO boom, cryptocurrency price run-up, and venture capital investment — and are spending it. Square’s Cash app now allows users to trade bitcoin, while Robinhood offers trading for a number of cryptoassets.

Blockchain

CB Insights

AUGUST 25, 2017

Bitcoin and other virtual currencies are made possible by what’s known as blockchain technology. Blockchain is essentially a global public ledger capable of automatically recording and verifying a high volume of digital transactions, regardless of location. Blockchain & Bitcoin Research Briefing. Forecasting.

Blockchain

PYMNTS

MARCH 17, 2017

Webster went on to promise no such snafus at the IP Awards, noting that her career at PwC was on the consulting side of the house — not the auditing side. PwC is now called Probably Wrong Card!”. Not much of a chat.”. Did anyone seriously attend this? If so, I hope they confiscated everyone’s belts and shoelaces.

Innovation

PYMNTS

JANUARY 15, 2018

What story of reversals would be complete without a bitcoin section? The reversals this week in the bitcoin world were more in the arena of opinion. The most dramatic reversal of the week was South Korea’s bitcoin ban that almost was. JPMorgan Chase Head Jamie Dimon officially stated that he regretted calling bitcoin a fraud.

Bitcoin

The Fintech Times

JANUARY 24, 2024

Looking to run for President once again, Donald Trump has made his views on central bank digital currencies (CBDCs) very clear: he will not allow their creation. JUST IN: Donald Trump says "As your president, I will never allow the creation of a Central Bank Digital Currency. ” Is this a popular move?

CBDC

PYMNTS

APRIL 15, 2016

Benjamin Lawsky, the former New York state financial services chief, certainly wasn’t a fan of bitcoin or virtual currencies. Lawsky is known for his outspoken views and push toward regulating the digital currency industry heavily. So, has this former regulator come around to digital currencies?

Bitcoin

The Fintech Times

MARCH 11, 2025

My breakthrough moment came when I read about Bitcoin. I realised it was a revolution in computer science that allowed the transfer of digital property anywhere without intermediaries, creating a layer on the internet that should have been there from the start.

Cross-Border