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MAY 28, 2020

Bitcoin transaction fees are simmering back down to ordinary levels after a heavy wave of them in early May, reports suggest. Halving also doubled the cost of mining, which saw inefficient miners ceasing operation. The transaction fees are now around 80 BTC paid to miners on Tuesday (May 26).

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PYMNTS

APRIL 7, 2017

A beacon of hope has emerged for bitcoin just in time for spring — and it’s brought up prices with it. In a major move toward bitcoin legitimacy, Japan recognized bitcoin as a legal payment method on April 1. At the time of writing, one bitcoin was worth $1,176.70, up $42.82 And no, it wasn’t an April Fool’s joke.).

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MAY 13, 2016

Promoting bitcoin. Which is why Obama and his team probably aren’t enthusiastic about an op-ed for CNBC from a former Commodity Futures Trading Commission (CFTC) commissioner suggesting that the White House should “heed the call” on bitcoin. One thing that’s probably not higher on that rapidly growing list?

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Perficient

MAY 25, 2023

Promethium Ember Capital, (“PEC”), a wholly owned subsidiary of Promethium, has become the first digital asset custody provider to come under federal regulation. PEC was approved as a special purpose broker-dealer (“SPBD”) for digital asset securities.

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PYMNTS

OCTOBER 14, 2018

Bitcoin was hit with an $18 billion market loss in just three days. Other cryptocurrencies had an even worse week: Ether, the second-largest cryptocurrency by market capitalization, dropped 12 percent, while the third largest, XRP, is down 18 percent in seven days. and Canadian securities regulators.

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PYMNTS

APRIL 26, 2019

That revelation sent shares of bitcoin down close to 6 percent. The court filing also shows messages that an executive at Bitfinex sent last August to get capital from a payment processor in Panama that Bitfinex had transferred funds to. It’s also raising worries that Tether isn’t a viable stablecoin, noted the report.

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SEPTEMBER 28, 2017

When it comes to Bitcoin and other digital currencies, Morgan Stanley chief executive officer James Gorman sees potential, something with which his counterpart at JPMorgan does not agree. None of us operate in isolation in the ecosystem in which we live,” Gorman said. “If Speaking during a Wall Street Journal event on Wednesday (Sept.

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PYMNTS

JANUARY 11, 2017

Bitcoin’s value dropped farther today (Jan. It turns out bitcoin investors were right to be suspicious last week. Current regulations limit foreign exchange to $50,000 each year, but some believe that people are using bitcoin and other digital currencies to circumvent this maximum.

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PYMNTS

APRIL 10, 2017

Wells Fargo found yet more fraud problems in its organization; Amazon announced some hi-tech staffing expansions and bitcoin finally found a government with the will to recognize it as a currency. Japan Gives Bitcoin a Big Thumbs Up. at the hands of the SEC, bitcoin world was looking for some good news. Ready to make the leap?

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PYMNTS

SEPTEMBER 9, 2016

Who knew that Tyler and Cameron Winklevoss, known for their early involvement in Facebook, were in love with bitcoin? You might, when you find out that they were the first to file for a bitcoin Exchange-Traded Fund (ETF) with the Securities and Exchange Commission (SEC). And do you care?

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PYMNTS

MAY 27, 2016

Gox bitcoin drama got a little more dramatic this week. Gox is the now-defunct bitcoin exchange that shuttered in February 2014 after a mysterious “glitch” caused $500 million worth of bitcoin to go missing. Those bitcoin – or at least most of them — have remained missing ever since. Gox bitcoin.

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PYMNTS

FEBRUARY 26, 2019

It was designed to settle transactions with clients of its wholesale payments operation, mainly for international and securities transactions related to blockchain. Currently, the digital token is being tested inside the bank with corporate clients, unlike bitcoin , which is open source and can be accessed by anyone.

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PYMNTS

AUGUST 23, 2020

21) to operate a virtual asset trading platform, according to a press release. Once the approval is finalized, the license will allow it to work in dealing in securities and as an automated trading service (ATS), regulated under Hong Kong's Securities and Futures Commission (SFC).

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PYMNTS

AUGUST 29, 2019

The company, which is based in both Switzerland and Singapore, has been talking with regulators and petitioned for a capital markets services license, which will allow the firm to offer asset management as a first step into financial services, co-founders Mathias Imbach and Gerald Goh said, according to Deal Street Asia. “In

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PYMNTS

DECEMBER 17, 2020

FinTech GoCardless has raised $95 million in a Series F funding round led by Bain Capital Ventures. Massachusetts regulators filed a complaint against Robinhood on Wednesday (Dec. 16) alleging that the stock-trading platform failed to protect its customers and their assets, violating state laws and regulations.

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PYMNTS

JUNE 10, 2016

As a general rule, most startups aren’t too happy when the regulator comes around, and it is rarely indicative of good news. These days, however, Uber is spending its time, increasingly, in court and has even managed to allow things to break down completely in Austin such that it doesn’t operate there anymore.

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PYMNTS

JANUARY 10, 2017

6) was tough for bitcoin users around the world. At the time of writing, the price of bitcoin sat at $892.62. The central bank’s comments come as Beijing escalates a campaign to check capital outflows, said Reuters , and to slow the depreciation of the yuan. Last Friday (Jan. dollar in 2016.

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PYMNTS

JUNE 19, 2019

Some of the more notable members include Mastercard, Visa, PayPal, Stripe, PayU, Andreessen Horowitz, Union Square Capital, Coinbase, Xapo, eBay, Uber, Lyft, Farfetch, Mercado Pago, Spotify and Vodafone. This is why Facebook’s Libra will not compete with bitcoin.”. To start, that’s Facebook’s Messenger and WhatsApp.

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PYMNTS

DECEMBER 18, 2019

According to Ido Sadeh Man, founder and president of Saga, the idea is to create a “stabilization coin” that operates on a “variable fractional reserve system.” as there was a struggle to get clarity from Swiss regulators. to make sure its operations run smoothly. Instead, the company is “self-implementing” a program in the U.K.

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PYMNTS

JUNE 18, 2019

For bitcoin — and for cryptocurrency brethren — a stretch of calm before the storm? The marquee name would be bitcoin , of course, which as of this writing was changing hands at a bit more than $9,100. Each Member will be asked to contribute $10 million to help fund operations in order to have a seat at that table.

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PYMNTS

JUNE 14, 2017

According to the report, it’s the second biggest venture capital fundraising by a player in the blockchain industry. Bancor isn’t the only blockchain company to have a successful capital raise in recent weeks. The Bancor token was able to raise around $147 million earlier this week via an initial coin offering, reported Reuters.

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PYMNTS

NOVEMBER 23, 2017

Earlier this year, Japan recognized Bitcoin as a legal tender and signed off on several companies that created cryptocurrency trading exchanges. Additionally, Bitcoin exchanges in Japan will now be required to conduct employee training programs and submit to annual audits. Other government regulations in the U.S., Russia, U.K.

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PYMNTS

SEPTEMBER 18, 2019

To that end, the Bank for International Settlements (BIS) said in a paper titled “Embedded supervision: how to build regulation into blockchain finance” that distributed ledger technology (DLT) could be a part of bank infrastructure and could be used to automate supervision. In finance, now comes automated, embedded supervision.

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PYMNTS

DECEMBER 24, 2019

Also, they could lead to fluctuating asset prices and weaken the impacts of capital controls, Reuters reported, citing the central bank’s vice governor, as reported by Xinhua. It does not have the characteristics of bitcoin speculation, nor does it require the currency basket assets to support the value of the currency like stable currency.”

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PYMNTS

AUGUST 3, 2018

As of now, merchants can only accept bitcoin and litecoin, but Coinbase said that bitcoin cash and ethereum support is on the way. The exact terms of the deal were unknown, as of the report, and Coinbase will need the green light from regulators to operate under the Keystone licenses.

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PYMNTS

JANUARY 10, 2018

Just like the volatility of bitcoin, the world of blockchain is no stable place. Hype over distributed ledger technology (DLT) has certainly led to a bump in shares for companies operating in the space — and even for some companies with seemingly no connection to the tool. But it’s not all smooth sailing. million as part of the shift.

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PYMNTS

OCTOBER 2, 2018

The manipulation of cryptocurrencies is getting attention from regulators who have been warning that these digital tokens, and the exchanges they are traded on, could be vulnerable to price manipulation. ” He said that earlier this year, Virgil Capital lost money on ether trades due to a bot.

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PYMNTS

JANUARY 13, 2017

billion for Intime, the Chinese mall operator, had some on Wall Street perplexed about the 42x premium being paid for the shares of the brick-and-mortar firm. Bitcoin And The China Effect. Oh, how far away bitcoin at $1,100 seems. In just the last several days, the euphoria has faded, and bitcoin’s price plunged 30 percent.

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PYMNTS

SEPTEMBER 13, 2017

But, because these solutions — like Bitcoin — are largely untested, many traditional banks are wary of investing in companies that operate in the space. Here’s a snapshot of some recent notable B2B API news: For many smaller merchants, fear is very much a factor when it comes to globally expanding their operations.

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AUGUST 20, 2018

Three months in, the European Union’s General Data Protection Regulation still stymies some firms seeking to comply with new rules and regulations governing data protection and privacy. The regulations would follow a revision to the Payment Services Act seen last year that brought a registration system in Japan.

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Lex Sokolin

NOVEMBER 12, 2020

has reinforced the value of Bitcoin. The price of the cryptocurrency rose to over $15,000, breaking again the $250 billion market capitalization barrier. Perhaps this was also driven by the much discussed move from PayPal, the payment processor, to finally incorporate Bitcoin into its currency options. billion users?

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PYMNTS

SEPTEMBER 11, 2019

Treasury official Sigal Mandelker, who serves as undersecretary of the Treasury for Terrorism and Financial Intelligence, said cryptocurrencies that operate anywhere in the United States will have to comply with regulations that target fraud. The request asks how the coin might be classified and regulated under that country’s rules.

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PYMNTS

JUNE 19, 2019

Some of the more notable members include Mastercard, Visa, PayPal, Stripe, PayU, Andreessen Horowitz, Union Square Capital, Coinbase, Xapo, eBay, Uber, Lyft, Farfetch, Mercado Pago, Spotify and Vodafone. This is why Facebook’s Libra will not compete with bitcoin.”. To start, that’s Facebook’s Messenger and WhatsApp.

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Lex Sokolin

MARCH 31, 2021

have to do with Bitcoin laser eyes and NFTs? The Distribution of Social Capital A lot of the language in fintech and Ethereum has been about democratization, and helping people have better financial services. This is not a regulated outcome, but a rule of human systems without redistribution safety nets. Let’s get to it.

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PYMNTS

JANUARY 6, 2017

In the biggest funding round of the week for B2B FinTech, HR and payroll company Namely secured $50 million in venture capital funding. 5), with Altimeter Capital and Scale Venture Partners leading the Series D round. That, said Namely, is a reflection of how demands for payroll technology are changing across the mid-market.

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Gonzobanker

DECEMBER 14, 2023

Anyone who follows the industry knows this focused institution led by Findlay is all about executing the timeless principles of capital management, credit quality, efficiency and customer service. The Comeback Investment of the Year Award – Bitcoin (BTC). The Bank Regulator Working for Merchants Award! stake in Valley Bank.

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PYMNTS

JULY 24, 2018

In just one of the latest, a suit filed earlier this month in California has said the token was born to fund Ripple operations, and the token sales have had “all the traditional hallmarks” of securities – all except the registration as such. Might we assume that people are jumping off here, and oh, bidding up bitcoin ?

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