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Bitcoin Daily: Tether’s Parent Co. Hit With $1T Lawsuit; Nearly $10B In Bitcoin Held In Crypto Exchanges

PYMNTS

Cotten didn’t file personal tax returns for 2014, 2015 or 2017 and his 2016 return didn’t report any income from Quadriga, and Robertson’s tax returns from 2015 and 2016 showed income of less than C$60,000 a year, while in 2017 there was income of less than C$5,000 — but none of it from Quadriga.

Bitcoin 181
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The Rapid Rise Of Social Credit Scores 

PYMNTS

Since roughly 2014, the Chinese government has been working on the system, which is designed to be a “method to perfect the socialist market economy system, accelerating and innovating social governance,” according to a State Council notice from 2014. million times last year for offenses such as unpaid taxes and fines.

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China and India lead global cashless growth

Banking 2020

percent in 2014, to reach a total of 389.7 Many nations around the world, both developed and emerging, have enjoyed strong growth in non-cash payments in the past few years, with Germany, the UK, Belgium and France all contributing to an increase of 5.1 percent in 2013 and is expected to reach 27 percent in 2014.

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Can Rio de Janeiro Withstand The Olympic Pressure?

PYMNTS

million as of 2014. In an effort to spur job growth, the Brazilian government offered tax and legal incentives for technology companies within Rio. In fact, the venture and entrepreneurial ecosystem grew by 20 percent from 2014 to 2015 alone. Estimated population was 6.35 The city’s GDP per capita is $19,131.

Trends 100
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Bitcoin’s Resplendent Week

PYMNTS

But Takach is confident that the law will catch up with technological innovation. There is also a bitcoin vending machine that first appeared in 2014. ” Even Fed Chair Janet Yellen was bullish, saying: “Innovation using these technologies could be extremely helpful and bring benefits to society.”

Bitcoin 100
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Ecuador, Greece and Scotland. Let Watson figure out the question

Tomorrow's Transactions

A national digital money system may well be the best way to solve the big problem of small change, but beware the warnings from history! Ed Conway (@EdConwaySky) December 29, 2014. It’s badge of national vanity, just like an airline (and soon, an army) used to be. He was commenting on some of the ongoing troubles in Greece.

System 53
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Who does AML hurt?

Tomorrow's Transactions

The topic of AML came up time and time again in the discussions around Money2020 in Las Vegas, whether in the sessions about cryptocurrency or remittances or innovation or anything else. The BayPay Forum (@baypayforum) November 2, 2014. This is astonishing when you consider the incredible amounts of money spent on AML.