PYMNTS

OCTOBER 7, 2016

It’s not yet the holidays, but it’s almost Diwali, the Hindu festival of lights, a fitting theme for today’s bitcoin news. And bitcoin purveyors and exchangers are eyeing an emerging eCommerce market in India that might offer the right components for traction. So, what’s going on with bitcoin in light of Diwali?

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Chris Skinner

MAY 26, 2017

I’m being asked this a lot as the value of bitcoin and other cryptocurrencies have increased ten-fold in the past few weeks. There’s also underperforming Chinese markets and increased demand for the cryptocurrency in a number of Asian countries, particularly Japan where bitcoin is semi-legitimised. It’s funny.

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PYMNTS

MARCH 5, 2020

The idea of tapping into the blockchain to support a digital property market isn’t entirely novel. One cybersecurity company’s chief technology officer told the newspaper that personal information of roughly 266,000 people was put on many websites for file sharing sites after the reported incident. residents without its clearance.

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PYMNTS

DECEMBER 12, 2019

The China Securities Regulatory Commission , China’s security watchdog, is setting up a technology regulation bureau and will announce Yao Qian as its new department chief, the Chinese business publication Caijing said on Wednesday (Dec. 11), as reported by Coindesk.

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PYMNTS

FEBRUARY 24, 2017

Is there an alternative, profound French phrase or two that can describe what investors have seen this week with bitcoin? Bitcoin is quickly headed toward fresh three-year highs after jumping up over $100 in value since last week’s tracker. 23) morning, bitcoin had broken $1,150 in value, reaching a high of $1,153.04.

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PYMNTS

AUGUST 18, 2019

“As the financial services industry rapidly evolves, DFS will be at the forefront of fostering a sound, regulatory environment that continues to uphold New York as the premier place to do business, while protecting consumers and markets,” Lacewell said Friday (Aug. 16) in a press release. Both entities are affiliates of Bakkt.

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Banking Exchange

MAY 19, 2021

Corporation is the latest regulator to respond to the rapidly growing fintech market Compliance Technology Feature3 Fintech Blockchain Feature Financial Trends Bitcoin Cryptocurrency Compliance Management Compliance/Regulatory.

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PYMNTS

SEPTEMBER 15, 2020

India intends to propose legislation prohibiting digital currency trading, while other economies in Asia have opted to regulate the market, Bloomberg Qint reported. Moreover, the federal administration's think tank is looking into potential cases where blockchain technology could be harnessed, the report stated.

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PYMNTS

JANUARY 9, 2018

Digital payment company PayPal is not betting on bitcoin as of now. In an interview with TheStreet.com, PayPal chief executive officer Dan Schulman said that while PayPal is focused on innovating in the payment market, it’s not focused specifically on the digital currency. “I

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PYMNTS

AUGUST 30, 2019

The provider of bank-to-bank payments infrastructure technology also got funding from Alsop Louie and Commerce Ventures. Speed to market is critical in an industry that is crying out for modernization while at the same time facing a daunting global regulatory environment.”. Nevada currently has 110 bitcoin ATMs.

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PYMNTS

OCTOBER 31, 2017

31), every Bitcoin will be worth approximately$6,125, according to reports from Bloomberg. In total, Bitcoin is worth more than $100 billion, Bloomberg reported, meaning more than half of cryptocurrency is comprised of Bitcoin. As of today (Oct. percent growth during the same period.

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PYMNTS

MAY 20, 2019

Securities and Exchange Commission (SEC) has delayed a decision to approve a bitcoin exchange-traded fund, asking for more comments in the meantime. The delay does not “indicate that the Commission has reached any conclusions with respect to any of the issues involved,” the regulator said, according to Bloomberg.

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PYMNTS

AUGUST 3, 2017

All is not running business as usual in the bitcoin realm. Just last week, we reported on investors splitting off from bitcoin to create their own digital money dubbed Bitcoin Cash. The hope with this new bitcoin offering is to ramp up the number of transactions occurring in a shorter time frame.

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PYMNTS

MARCH 17, 2017

It has been another wild ride of a week for bitcoin in the wake of the SEC ruling. At the tail end of last week, the Securities and Exchange Commission ruled the proposed Winklevoss bitcoin ETF a no-go by nixing a proposed rule change that would have led to the fund being listed on the Bats BZX Exchange. The reason?

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PYMNTS

JANUARY 25, 2021

They could become a “safe-haven asset” and used for asset diversification in investor portfolios if they can overcome volatility, regulation, trust and reputation challenges, according to the report. Governments are very wary of any technology that could potentially displace national currencies,” Mohi-uddin said, per the report.

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PYMNTS

JUNE 14, 2018

The Securities and Exchange Commission’s (SEC) leading authority on bitcoin, cryptocurrency and initial coin offerings (ICOs) has ruled that some well-known cryptocurrencies like bitcoin and Ethereum are not securities. That, he noted, will capture many, but not all, crypto assets in the market.

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PYMNTS

SEPTEMBER 15, 2017

Bitcoin has been riding a bit of a rollercoaster in the past few weeks since hitting an all-time high of more than $4,800 per digital coin on Aug. To continue the rollercoaster analogy, the cryptocurrency’s value has been on a steep climb all year, and it stands to reason that bitcoin’s skyrocketing value must eventually slow and reverse.

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PYMNTS

APRIL 28, 2017

In the last few weeks, three separate bitcoin exchanges have reported a halt on processing transactions in dollars — the result of global banks pulling out of high-risk areas. Global banks have long been wary of even indirect interactions with bitcoin exchanges — particularly in the case they could be held liable if something goes wrong.

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PYMNTS

JULY 10, 2019

Bitcoin continues its roller coaster of ups and downs in 2019 as the cryptocurrency shot back up and breached $13,000 for the first time in about two weeks, according to a report by Bloomberg. Bitcoin climbed for the third straight day and peaked at $13,154, which is a large gain from its drop to under $10,000 just last week.

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PYMNTS

OCTOBER 29, 2019

The Chinese state media advised people to stay levelheaded following a price escalation of bitcoin and blockchain stocks triggered by Chinese President Xi Jinping’s support, Reuters reported on Tuesday (Oct. Two years ago, Chinese regulators banned cryptocurrency and trading exchanges. The Shanghai Stock Exchange said Monday (Oct.

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PYMNTS

SEPTEMBER 17, 2019

WORBLI explained that its technology enables blockchain developers to issue security tokens with a ruleset that “ensures that transfers follow a customizable framework, replacing or updating the ecosystem a token currently uses,” according to Coin Telegraph.

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PYMNTS

MARCH 14, 2018

Bitcoin fell below the $9,000 mark on Tuesday (March 13), MarketWatch reported. Securities and Exchange Commission (SEC), the market is looking bearish to some analysts. Craig Erlam, a senior market analyst at OANDA, said he wouldn’t be surprised if the currency traded at around the $6,000 in mark in the future.

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PYMNTS

AUGUST 27, 2019

As reported by CoinTelegraph , Switzerland ’s Financial Market Supervisory Authority (FINMA) this week unveiled guidance on the regulatory requirements that govern payments done over blockchain. CCN reported that the two “bridge the gap between functional DLT [distributed legder technology] tech and older, more traditional finance aspects.”.

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PYMNTS

NOVEMBER 7, 2019

Hong Kong’s chief securities regulator is calling on the world regulators to get on the same page when it comes to Facebook’s Libra to avoid the “real risk of regulatory arbitrage.”. “If He added that even if Libra never comes to fruition, it has already put a spotlight on the crypto market. “In

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PYMNTS

FEBRUARY 14, 2018

government determines its best approach to cryptocurrency regulation, a commissioner with the Commodity Futures Trading Commission (CFTC) is advising crypto companies to self-regulate. Quintenz made his comments to reporters before the first meeting of CFTC’s Technology Advisory Committee in two years. While the U.S.

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PYMNTS

APRIL 20, 2020

Two law researchers say regulators should take the cryptomarket into serious consideration, according to an Oxford Law blog post. And they noted that many studies find a weak correlation or no correlation between the cryptomarket and the stock market. As a result, investors might find a safe haven in them.

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PYMNTS

MARCH 22, 2019

Much hype and hope surrounds the adoption of cryptocurrencies — bitcoin among them as the marquee name in the space, of course — beyond the Wild West of speculative trading that exists now. Favor has met with disfavor, and bitcoin now trades at $3,990 — a bit above nadirs around $3,400 and well off highs that neared $20,000.

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PYMNTS

DECEMBER 12, 2017

12) that bitcoin has entered the “mania” phase, with some people taking out mortgages just to purchase the cryptocurrency. In an interview with CNBC , Borg said that bitcoin shares are on the “mania curve” and that there has to be a leveling off at some point. Gold is scarce; bitcoin is actually fixed,” he said.

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PYMNTS

NOVEMBER 2, 2018

JPMorgan Chase CEO and Chairman Jamie Dimon is not a huge fan of bitcoin and offered a comment on the cryptocurrency’s 10th anniversary, Financial News reported. MarketWatch said “the gist of his response” was “I didn’t want to be the spokesman against bitcoin. ” The executive has long been a skeptic of bitcoin.

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PYMNTS

FEBRUARY 20, 2019

It will also help us bring more cryptocurrencies and features to more people, while helping ensure compliance with local laws and regulations.” Transparency and accuracy is essential for building trust in the market,” said BitGo CEO Mike Belshe in the press release.

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PYMNTS

APRIL 18, 2019

The last several years have seen a surge in efforts among the cryptocurrency community to legitimize the technology. Once seen as a tool for the dark web and black markets, cryptocurrencies like bitcoin now want to be a part of the broader economy. Bitcoin at the Center. Shaping Regulations. ”

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PYMNTS

MAY 6, 2020

Irish bitcoin ATM operator Boinnex found itself facing roadblocks from Allied Irish Banks (AIB), which shut down its account and said it didn’t want to deal with an unregulated form like cryptocurrency, according to CoinDesk. He just received a notice from AIB stating that his account was to be shut down last August.

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Bitcoin cryptocurrency ATM blockchain 175

TheGuardian

JUNE 22, 2022

Changpeng Zhao says people would have been happy with current $20,000 value four years ago Bitcoin could stay below its historical high of $69,000 for the next two years after the latest digital asset market rout , according to the chief executive of the world’s largest cryptocurrency exchange. Continue reading.

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PYMNTS

MAY 22, 2020

Albania’s Parliament has signed a comprehensive law to regulate the conditions for licensing all activity of cryptocurrency in the country. It will also “prevent abusive practices in the market, where severe fines are stipulated for anyone who violates the provisions of the law,” according to Denaj, Cointelgraph reported.

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PYMNTS

MAY 31, 2016

In a buying spree that began on Friday (May 27) and carried on through the four days since, Chinese investors managed to push the price of bitcoin up by 16 percent. As of the time this story was written, the price of an individual bitcoin was pushing $550. All in, bitcoin has added $1.2

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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

JANUARY 26, 2018

Bitcoin breeched a key psychological barrier on news that the South Korean government would tax income earned by virtual currency exchanges to the tune of 24.2 Thus, bitcoin traded below $10,000, and cryptos traded down in sympathy. And lest you think changes in tax policy sow confusion only in the United States, think again.

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