PYMNTS

AUGUST 21, 2020

More than $50 billion of cryptocurrency was transferred from virtual wallets in China to other parts of the world last year, a potential violation of the nation’s strict limits on how much money can be sent abroad, according to a new report. Cryptocurrency could be picking up some of the slack.” .

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PYMNTS

SEPTEMBER 13, 2020

Europe's biggest banks have called on the European Commission to implement tough regulations for cryptocurrencies, such as stablecoins, that would protect consumers and preserve state sovereignty in monetary policy, Reuters reported. In a joint statement Friday (Sept. The association declined to comment, Reuters reported.

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BitPay

MARCH 19, 2024

At BitPay, our mission has always been clear: to make cryptocurrency payments as easy, accessible, and convenient as possible for both merchants and customers. We're constantly evolving, striving to break new ground in the world of cryptocurrency payments. Today, we're excited to share our latest advancements that further this mission.

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The Paypers

FEBRUARY 19, 2024

Digital bank Revolut has set to introduce a cryptocurrency exchange targeting ‘advanced traders’ with market analytics and lower fees.

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Cryptocurrency 50

The Paypers

AUGUST 15, 2023

HAYVN Pay, a global cryptocurrency payments provider, has partnered with luxury travel company Gayo Aviation , to integrate cryptocurrency payments into the latter’s services.

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Cryptocurrency Payments 68

The Paypers

MAY 19, 2023

The government of Pakistan has announced that cryptocurrencies will never be legal in the country in a bid to prevent illegal digital currency transactions.

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The Fintech Times

JANUARY 10, 2024

HMRC has already sent out 8,329 ‘nudge’ letters to individuals suspected of owing Capital Gains Tax on their cryptocurrency assets; according to UHY Hacker Young. million people in the UK believed to own some cryptocurrency as of 2022. HMRC will be keen to target crypto as a source of tax revenue with 4.97

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The Paypers

JANUARY 16, 2024

The government of Venezuela has ended the Petro (PTR) cryptocurrency, founded in 2018 to support the nation’s currency due to an overwhelming economic crisis.

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The Fintech Times

JANUARY 13, 2024

BitPay , the Bitcoin and cryptocurrency payment service provider, has launched an updated payment experience for crypto customers, including support for a range of new cryptocurrencies. The post BitPay Revamps Payment Experience With new Features and Support for New Cryptocurrencies appeared first on The Fintech Times.

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The Paypers

MAY 1, 2024

In a move aimed at expanding cryptocurrency access in emerging markets, Onramp Money has announced its integration with KuCoin Exchange.

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Cryptocurrency 41

The Paypers

SEPTEMBER 11, 2023

Sweden-based cryptocurrency exchange Safello has integrated Apple Pay and Google Pay payment options for customers when purchasing cryptocurrencies.

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The Paypers

MAY 25, 2023

The government of Japan has decided to implement stricter rules for cryptocurrency transactions to comply with global regulations.

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PYMNTS

JANUARY 11, 2021

CNBC reported that bitcoin (BTC), the largest cryptocurrency by market capitalization, fell over 12 percent from a day earlier, to as low as $30,863. According to Coinmarketcap, the overall value of the cryptocurrency market — or market cap —was $880 billion Monday morning, down from $1.08 Then, on Monday (Jan. Last week (Jan.

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Cryptocurrency Bitcoin Caps Central Bank 91

The Paypers

AUGUST 9, 2023

US-based Bitcoin payments company BitPay has rolled out Bill Pay, a solution that allows cryptocurrency users to pay bills straight from their crypto wallets.

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PYMNTS

NOVEMBER 10, 2020

PayPal is opening its network to allow consumers to shop using cryptocurrency. In the meantime, as central banks look toward a rough timeframe of 2025 to get up and running with digital fiat, McCarthy said that over the short term we’ll see more practical use cases leveraging cryptocurrencies — especially in the business-to-business space.

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PYMNTS

AUGUST 5, 2020

5) was its prowess in cryptocurrency. Cash App users can purchase and sell bitcoin; they can also make cryptocurrency transfers to other wallets. Square has been a supporter of cryptocurrency, which generated $65.5 The revenue and profit from cryptocurrency did not count toward the company’s earnings, which showed $1.92

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The Paypers

AUGUST 14, 2023

Brazilian legislators have been moving forward with laws that would increase taxes on cryptocurrencies held overseas.

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Payments Dive

JUNE 28, 2019

Cryptocurrency and blockchain technology are now mainstream. If you still doubt this fact, then take a look at Facebook, which has formally announced its entry into the cryptocurrency space.

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The Paypers

JANUARY 10, 2024

US-based provider of Bitcoin and cryptocurrency payment services BitPay has added support for 100 new cryptocurrencies.

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The Paypers

JANUARY 19, 2024

A report published by Chainalysis has shown that in 2023, illicit cryptocurrency wallet addresses received at least USD 24.2 billion worth of crypto.

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Payments Dive

AUGUST 20, 2019

With Facebook's announcement of its cryptocurrency Libra, cryptocurrency has gotten a lot more attention recently, and not all of it is positive, especially from U.S. Many are seeing cryptocurrencies like Libra as a national security issue.

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PYMNTS

JANUARY 26, 2021

But step beyond bitcoin and enter the world of cryptocurrencies approaching mainstream acceptance. They may have their own cryptocurrency, they may have their own solution, be it healthcare, rewards or rebates, or other opportunities. Bitcoin gets all the headlines. They have some ideas of what they want to do,” Johnson said.

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Payments Source

MARCH 8, 2021

said it will acquire the cryptocurrency firm Curv as it seeks to beef up its talent pool for handling digital currencies. PayPal Holdings Inc.

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PayPal Cryptocurrency Acquirers Digital Currency 107

PYMNTS

SEPTEMBER 11, 2020

The United States may have some of the world's best cryptographers working for the National Security Agency and other spy shops, but the Internal Revenue Service (IRS) is crowdsourcing at least part of its effort to beat the algorithms that cloak information about certain cryptocurrencies. Even the U.S.

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PYMNTS

DECEMBER 11, 2020

London challenger bank Revolut has rolled out four new cryptocurrencies — EOS, OMG Network, Tezos and 0x — for users in the Europe Economic Area (EEA), the company said in a blog post on Thursday (Dec. The startup reminded people that cryptocurrencies are not regulated in the U.K. In March, Revolut launched in the U.S.

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The Paypers

JANUARY 8, 2024

Cryptocurrency payment gateway CoinsPaid has encountered its second security breach within a span of six months.

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Payments Source

JULY 20, 2020

Mastercard is stepping up its involvement with cryptocurrencies by inviting digital payment operators to launch crypto cards through its platform, beginning with U.K.-based based Wirex.

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Payments Source

JULY 15, 2019

Facebook's announcement makes it more important than ever to clarify what a digital security and cryptocurrency are, and what they are not, according to Juan Hernandez, CEO of Openfinance and Carlos Domingo, CEO and co-founder of Securitize.

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PYMNTS

JUNE 25, 2020

It will be easier for New York cryptocurrency businesses to launch in New York, thanks to a plan by regulators that would ease licensing rules. The existing licensee would provide the startup with the operational, staffing, and other support until it can obtain a full DFS virtual currency license.

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Payments Source

NOVEMBER 15, 2018

This week's plunge in bitcoin's value highlights one of the biggest concerns in using the cryptocurrency for payment. Stablecoins, which are pegged to traditional currency such as the U.S. dollar or a precious metal, are seen as a much less risky investment.

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The Paypers

JULY 31, 2023

HAYVN Pay , a regulated cryptocurrency payment solution, has announced a partnership with CrossBet , a regulated online betting operator in Australia.

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PYMNTS

JANUARY 18, 2022

18) that it plans to regulate cryptocurrency advertising like other financial products and ensure that promotions are “fair, clear and not misleading,” according to a Bloomberg report. The ban applies to exchanges, banks and financial institutions licensed to provide cryptocurrency services. Treasury said Tuesday (Jan. On Monday (Jan.

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The Paypers

DECEMBER 11, 2023

The UK National Audit Office (NAO) has expressed reservations about the effectiveness of the FCA in overseeing the cryptocurrency industry.

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Finextra

MAY 10, 2024

Nonprofit pro-cryptocurrency group Stand With Crypto has formed a political action committee (PAC) to support candidates who are encouraging of cryptocurrency and blockchain developments in the upcoming US elections.

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The Paypers

SEPTEMBER 11, 2023

Sweden-based cryptocurrency exchange Safello has integrated Apple Pay and Google Pay payment options for customers when purchasing cryptocurrencies.

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Cryptocurrency Payments 45

Payments Source

DECEMBER 5, 2017

Innovative companies are working on ways to instantaneously convert cryptocurrency into the currency accepted by the merchant, writes Vladimir Gorbunov, COO and Co-Founder of Crypterium.

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PYMNTS

OCTOBER 9, 2020

Bitcoin and other cryptocurrencies are continuing to attract attention from authorities for all the wrong reasons. Justice Department report is taking aim at the “emerging threats and enforcement challenges” associated with digital currencies, establishing a “Cryptocurrency Enforcement Framework” to address problems.

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