article thumbnail

Bitcoin Futures Rollout In Jeopardy

PYMNTS

Intercontinental Exchange ( ICE )’s plans to launch bitcoin futures in November of last year have been delayed because of regulators. According to the paper, what’s holding up approval is a disagreement about how Bakkt (the name for the bitcoin futures) should be regulated. Back then it was trading near $20,000.

Bitcoin 116
article thumbnail

Sizzle Or Fizzle: Uber, Bitcoin, Botnets, SWIFT – And The Wells Wallets

PYMNTS

The weather in Boston – and it’s about darn time. Consumers can look forward to soon saying goodbye to the min-6-to-8-characters-with-a-capital- letter-and-number ritual for logging into a website. Mr. Karpeles is cooling his heels awaiting trial on criminal charges related to the bitcoin’s disappearance. Gox continues.

Bitcoin 109
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Barclays Supports Circle Social Payments App

PYMNTS

Circle, the social payments app that runs on bitcoin’s blockchain, launched with support from Barclays as part of a new partnership. Circle is a Boston-based startup that has major VC backers, along with big banks like Goldman Sachs and Digital Currency Group as an investment firm backer. Circle’s decision to launch in the U.K.

Payments 100
article thumbnail

Why One Startup Is Desperately Seeking Regulation

PYMNTS

Officials at the Office of the Comptroller of the Currency (OCC), the national bank regulator, told the Boston startup they would weigh its request. “We need to be open to discussing it and working through it,” said Comptroller of the Currency Thomas Curry, referring generally to bank charters for FinTech companies.

article thumbnail

Happy Birthday To PYMNTS

PYMNTS

The traditional gift for a ninth anniversary is pottery, and our offices are in Boston – but, you know, no pressure.). Don’t worry if you didn’t remember to get us a present – we didn’t want to make too big a deal out of it, so we didn’t remind you. Of course, we don’t really expect or even want gifts for our ninth anniversary.

article thumbnail

The PYMNTS 2018 Summer Top 10 List

PYMNTS

That represents a 6 percent crash in over a day, kicked off by bitcoin dropping $300 in just over an hour and 4.5 CFO Adam DeWitt noted that a seven-year-old, Boston-based LevelUp serves 200 regional and national brands, with a point-of-sale (POS) approach that seeks to replicate each brand’s experience online. percent on the day.

Branding 100
article thumbnail

2021 GonzoBanker Awards

Gonzobanker

With large banks, including Ally and Capital One, officially doing away with overdraft fees, banks and credit unions will have to decide how they want to handle the new reality. We aren’t talking just Bitcoin or Ethereum. Before getting into banking, he started two tech companies in Asia and was a consultant at Boston Consulting Group.

Fintech 147