PYMNTS

NOVEMBER 24, 2020

Bitcoin continued its price climb today (Nov. While that price apex was followed by a bubble burst and bitcoin fell to $3,122 in 2018, analysts and crypto fans predict this wave is different. million of the funds, 89 percent of the total, were paid with the stablecoin tether. To participate, users must lend a minimum of 0.1

Bitcoin

PYMNTS

NOVEMBER 25, 2020

The age of digital currencies might be fully upon us, but key questions swirl about how to issue and regulate cryptos – especially stablecoins. Bitcoin and other offerings have not yet evolved into real alternatives to sovereign monetary activities, but stablecoins present challenges. In a paper that debuted Tuesday (Nov.

Stablecoins

PYMNTS

SEPTEMBER 21, 2020

The Office of the Comptroller of the Currency (OCC) released a letter that explained the authority of federal savings associations and national banks to keep “reserves” for clients who are issuers of stablecoins in some cases, according to a Monday (Sept. 21) press release. Acting Comptroller of the Currency Brian P.

Office of the Comptroller of the Currency

PYMNTS

DECEMBER 2, 2020

Visa has partnered with BlockFi to launch a credit card that offers bitcoin rewards rather than travel points or cash back, according to an announcement. The BlockFi Bitcoin Rewards Credit Card , which will be available in the spring of 2021, will give 1.5 The card carries a $200 annual fee. “We

Bitcoin

Fintech News

APRIL 8, 2024

Data from the Cambridge Bitcoin Electricity Consumption Index show that Malaysia accounted for 2.51% of global Bitcoin mining in January 2022, while Thailand accounted for 0.96%. Furthermore, the stablecoin market is highly concentrated, with a few dominant players controlling a significant portion of the market.

Financial Inclusion

Finovate

DECEMBER 20, 2023

With a spot Bitcoin ETF expected in 2024, crypto investors, traders, and enthusiasts are likely feeling as optimistic about digital assets as they have in awhile. BlackRock, Nasdaq, SEC Meet Again on Bitcoin ETF This week, according to reporting in Coindesk, representatives from BlackRock, Nasdaq, and the U.S.

Bitcoin

PYMNTS

OCTOBER 23, 2018

The system, intended to be linked with market infrastructure already in place, enabled participants to settle mock securities with mock central bank cash. With the company’s Earn product, consumers will be able to get interest on stablecoin holdings. ”

Distributed Ledger Technology (DLT)

PYMNTS

NOVEMBER 26, 2019

Dennis Blieden pleaded guilty to federal criminal charges for embezzling more than $22 million from StyleHaul and then using the stolen money to expense his lifestyle, as well as to participate in crypto-currency gambling. 22, says that both companies “monopolized and conspired to monopolize the Bitcoin market.”.

Bitcoin

Fintech News

AUGUST 19, 2024

The approval of Bitcoin Spot Exchange Traded Funds (ETFs) by the US Securities and Exchange Commission earlier this year for one, has boosted sentiment while across the globe, governments are actively working towards spelling out new rules for this asset class, suggesting much potential for further growth and development. .

Accreditation

The Fintech Times

MAY 31, 2024

This is where a stablecoin can step in. Stablecoins are digital assets pegged to another asset – often government-issued fiat money. As such, stablecoins have the capability of utilising crypto payment avenues (which are often quick and have less fees) without running the risk of a volatile value.

Stablecoins

PYMNTS

AUGUST 24, 2020

And, the Blockchain Service Network (BSN) of China will reportedly begin enabling stablecoin support next year, Cointelegraph reported. Red Date Technology CEO Yifan He said to Cointelegraph that the initiative would start bringing stablecoins into the network in the near future.

Blockchain

PYMNTS

MARCH 10, 2020

The offering will provide loans in stablecoins that are denominated in U.S. dollars against bitcoin holdings kept in the Blockchain Wallet, Coindesk reported. BlockFi caught people’s attention last year when it started providing interest-bearing accounts for offering returns paid out in Ether or Bitcoin.

Digital Currency

PYMNTS

SEPTEMBER 1, 2020

Working in conjunction with stablecoin payment and foreign exchange platform Stablehouse , the idea was started last year but expedited due to its newfound importance after the pandemic hit. The Bermuda government is working on a plan to roll out a digital stimulus token to help residents and vendors, The Royal Gazette reported.

Online and Mobile Banking

Fintech Review

JANUARY 31, 2025

Honolulu, US, January 31st, 2025, FinanceWire Voltage , a leader in Bitcoin infrastructure solutions, has announced that CEO and Founder Graham Krizek will speak at Plan B Forum 2025 in El Salvador, an event hosted by Tether that convenes industry experts in the Bitcoin ecosystem.

Microtransactions

PYMNTS

APRIL 21, 2020

Those participating in the new system will include the BCRA, banks, clearinghouses and others in the finance sphere in that area. dollar-linked stablecoins was also present in the returns. In other news, a hacker of finance protocol dForce has returned millions in stolen cryptocurrency, CoinDesk reported.

Central Bank

PYMNTS

MARCH 11, 2020

stablecoin. According to reports, the biggest element that sets Celo’s network apart from other blockchains is that Celo Dollar stablecoin payments can be sent to phone numbers instead of complex addresses. Members include Andreessen Horowitz, Anchorage and Bison Trails, among others.

Blockchain

CB Insights

NOVEMBER 28, 2017

Become an expert on what’s new and what’s next for blockchain, diving into bitcoin, ethereum, cryptocurrencies, enterprise blockchains, and a whole host of other topics. USV initially focused on bitcoin , making its first bet in early 2013 on popular cryptocurrency exchange Coinbase. Research Briefing: Blockchain in Review.

Blockchain

PYMNTS

MAY 13, 2020

.” The services that the agency is requesting, per a document posted on the site, include “data ingestion and staging” as well as “error resolution and report revision” and “meeting participation and trial assistance,” among other work. We wish to usher in what we’ve dubbed the Era of Zero.

IRS

PYMNTS

OCTOBER 11, 2019

Juno’s flagship product will allow users to hold the dollar-pegged stablecoin and earn a 5.5 In other news, crypto liquidity and OTC provider B2C2 has introduced a gold derivatives product that synthetically trades against bitcoin, which corresponds to physical gold stored in vaults. percent annual interest rate.

Bitcoin

The Fintech Times

NOVEMBER 27, 2024

By providing legislative clarity to both stablecoins and staking, the UK has greenlit the asset class for investment opportunities and widespread adoption. We look forward to working with the government, our regulators and industry partners to unlock the full potential of crypto so that everyone can benefit from this technology’s growth.”

Regulations

Fintech News

OCTOBER 28, 2024

Finalists will participate in a two-day programme organised by Elevandi, where they will work closely with corporate mentors, engage with investors, and refine their pitches. SmashFi (South Korea) SmashFi is a service designed to help individual investors easily accumulate and securely store Bitcoin.

FinTech

PYMNTS

NOVEMBER 6, 2019

Billon , which created the first enterprise distributed ledger technology (DLT) system, announced that it is one of six companies that have been selected to participate in the Elevator Lab Partnership Program. It was chosen from a group of over 280 applications.

Distributed Ledger Technology (DLT)

Fintech Review

FEBRUARY 14, 2025

A total of approximately 10,000 USDT worth of AVL tokens has been allocated to reward eligible participants, with APRs of up to 50% available over a structured staking period. Avalon Labs is the worlds largest issuer of Bitcoin-backed stablecoins.

Stablecoins

PYMNTS

JUNE 24, 2019

We absolutely think stablecoins will play a role in our future, that is [what] we have invested in over the years,” Executive Vice President of Digital Solutions at Mastercard Jorn Lambert told Karen Webster in a recent conversation. The Twin Concerns: Bitcoin And Facebook. As for what that system will look like?

Visa

PYMNTS

FEBRUARY 18, 2019

Cryptocurrency has come a long way since bitcoin’s emergence as an unregulated, anonymous payment technology. ” While JPMorgan’s announcement of the JPM Coin — which will be a stablecoin pegged to the value of the U.S. which the institution plans to deploy in its corporate payments operation.

B2B

PYMNTS

JUNE 19, 2019

That means there are all kinds of reasons to be dubious over Facebook’s plans, despite the 28 impressive names around the association table that have agreed, at least so far, to do nothing more than participate in shaping the operating rules of the network and currency itself. This is why Facebook’s Libra will not compete with bitcoin.”.

Bitcoin

Global Fintech & Digital Assets

SEPTEMBER 26, 2023

However, non-fungible tokens (NFTs) and possibly stablecoins and governance tokens appear not to fall within the Update. 2] Defined as “[t]he price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.” [3] See [link]. [2]

Accounts

PYMNTS

JUNE 19, 2019

This means there are all kinds of reasons to be dubious over Facebook’s plans, despite the 28 impressive names around the Association table who have agreed, at least so far, to do nothing more than participate in shaping the operating rules of the network and the currency itself. This is why Facebook’s Libra will not compete with bitcoin.”.

Cryptocurrency

PYMNTS

JANUARY 15, 2021

For stablecoins, concept is edging closer to reality, especially for digital dollars – with a dose of regulatory clarity. To that end, as Jeremy Allaire , CEO of Circle , told PYMNTS’ Karen Webster, a number of trends are converging to bring stablecoins into the mainstream of commercial and consumer payments.

Stablecoins

Finovate

JANUARY 17, 2024

With apologies to Dr. Dre … the spot Bitcoin ETFs are here and everybody’s celebratin’! This week on Tales from the Crypto we’re taking a look at the launch and reception of the long-awaited spot bitcoin ETFs. Spot Bitcoin ETFs Have Arrived! The new bitcoin ETFs and their ticker symbols are below.

Bitcoin

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. Basis is building a “stablecoin” that is intended to be less volatile than other cryptocurrencies. The company raised a $3.4M

Blockchain

PYMNTS

JULY 15, 2019

To ward off the currency speculators that have tended to plague high-profile crypto projects like bitcoin , Libra will be a stablecoin, with its value pegged to the U.S. We would not participate if we thought one firm was pulling more weight than the others, and breaking trust in the system.”.

Regulations

Finextra

JUNE 30, 2025

De Meijer Owner and Economist MIFSA Location Maarrssen Followers 8 Opinions 157 Follow Unfollow Stablecoins are attracting considerable attention by traditional financial institutions. Regulatory shifts are paving the way for banks to engage with stablecoins. What are stablecoins? How stablecoins work?

Stablecoins

The Payments Association

MARCH 18, 2025

The Federal Reserves shift on crypto banking access could impact payments, stablecoins, and digital assets. This should, in theory, improve banking access for stablecoin-focused companies and enable banks to offer crypto services. The US, with its widely used USDC stablecoin, is well-positioned to lead. Why is it important?

Federal Reserve

The Payments Association

JANUARY 31, 2025

Any proposed regulatory framework must address the issuance and operation of digital assets (including stablecoins), and must consider provisions for market structure, oversight, consumer protection, and risk management. Fact Sheet ) The Working Group will be chaired by David Sacks, the special advisor for AI and Crypto.

Stablecoins