PYMNTS

JANUARY 2, 2020

The former head of technology at Barclays, Mark Hipperson, is launching a digital bank called Ziglu that will serve both crypto and fiat accounts, according to a report by Cointelegraph. challenger bank. In addition to working at Barclays, Hipperson was the former CTO at Starling, a U.K.

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PYMNTS

DECEMBER 21, 2020

The exchange froze all withdrawals after noticing that large amounts of bitcoin, Ether, Ethereum Classic, XRP, Tether and Zcash were leaving the platform’s hot wallets. In other news, Russia’s VTB Bank has teamed with blockchain platform Masterchain to issue digital bank guarantees backed by blockchain, the bank announced in a press release.

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blockchain Bitcoin Fraud Report 206

Chris Skinner

JULY 8, 2016

The dinner for $100 that a few … The post The case for bitcoin (or something like it) appeared first on Chris Skinner's blog. I brought a lot of American stuff that year. Yesterday, I bought something and it was $1.30 to the pound.

Bitcoin 240

Bitcoin Digital Banking blockchain Technology 240

PYMNTS

NOVEMBER 1, 2020

number of big crypto custodians like Anchorage, Coinbase, and a number of others, have been contacted by banks about whether they’d be willing to be like the third-party custody providers for national banks whose customers want to invest in bitcoin,” he said, according to CoinDesk. “Well, what I have heard.a

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Bitcoin cryptocurrency Fintech US 212

PYMNTS

JANUARY 24, 2020

In other bitcoin news, a proposed bill in Hawaii would let banks hold onto crypto for customers, according to CoinDesk. 18, and would allow banks in Hawaii to hold onto digital securities, virtual currencies, digital consumer assets and open blockchain tokens. The bill was introduced on Jan.

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Hawaii blockchain Bitcoin Digital Banking 131

PYMNTS

MAY 15, 2019

European Central Bank policy maker Francois Villeroy de Galhau believes that there is more of a future in stablecoins than in bitcoin. These are quite different from speculative assets like bitcoins, and more promising.”. Safra Bank to offer its traders deposit accounts backed by the Federal Deposit Insurance Corp.

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Samsung blockchain Bitcoin FDIC 191

Chris Skinner

NOVEMBER 22, 2016

I’m also a fan of their blog, which regularly sends me interesting stuff and they’ve just launched … The post Which digital currency will win: bitcoin or ether? If you want to know more, checkout their general overview at the end of this blog. appeared first on Chris Skinner's blog.

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PYMNTS

OCTOBER 23, 2020

PayPal is looking at acquisition possibilities for cryptocurrency companies, including bitcoin custodian BitGo , a report from Bloomberg says. The move would help PayPal boost its embrace of digital coins. With that announcement, bitcoin surged past $13,000 for the first time since July of last year.

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American Banker

DECEMBER 15, 2020

The community bank and fintech are offering the first live bank account and debit card that offer rewards in the form of bitcoin.

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Bitcoin Community Bank Community Fintech 81

PYMNTS

DECEMBER 8, 2019

As of September, Bank of China has lent 404 billion yuan ($57.7 In other news, Brazil has released a new tax code that includes regulation that will fine anyone who does not declare their bitcoin and other crypto transactions. billion) to more than 410,000 small- and micro-sized enterprises.

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blockchain Bitcoin Taxes cryptocurrency 132

The Paypers

JUNE 20, 2016

(The Paypers) Digital bank WB21 has introduced Bitcoin as a method for its customers to transfer and deposit funds to their checking accounts.

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Bitcoin Digital Banking 34

PYMNTS

SEPTEMBER 7, 2020

Paying people should be instant, free and easy regardless of their location or the currency, whether that is splitting the cost of your Airbnb or sending a Bitcoin birthday present,” said Mark Hipperson , founder and CEO of Ziglu, according to the release. Personal information is private as well.

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PYMNTS

JANUARY 27, 2020

30), it will serve as detailed regulation for cryptocurrency firms — for activities ranging from digital payments to the trading of coins like bitcoin and ether. Last year, about 40 percent of bitcoin exchanges stemmed from that area, according to data from Chainalysis. Both already operate in Singapore.

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Regulation cryptocurrency Payments Bitcoin 151

Chris Skinner

DECEMBER 3, 2017

Things we’re reading today include … Digital banking: a tough way to make money Best banking apps revealed IMF Head Foresees the End of Banking and the Triumph of Cryptocurrency Bitcoin investors hoping to make billions may end up with a sack of fool’s gold UK banks warn over EU … The post Things worth reading: 4th December 2017 appeared (..)

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BankInovation

DECEMBER 17, 2021

Bitcoin white-label service provider NYDIG announced Tuesday that it raised $1 billion in a private equity round, propelling the firm to a $7 billion valuation.

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Bitcoin Digital Banking Company Fintech 98

Chris Skinner

OCTOBER 20, 2017

Continuing yesterday’s discussions about a big bank’s conference, I was intrigued at how often the subject of cryptocurrencies and bitcoin came up.

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Chris Skinner

JULY 30, 2018

A few years ago Jamie Dimon was renowned for saying that bitcoin developers “are going to try and eat our lunch” and that silicon valley was coming to get the banks. Three years later, it’s not quite the case.

Fintech 419

Fintech Bitcoin Community Digital Banking 419

PYMNTS

MARCH 19, 2020

DeeMoney is using RippleNet to process inbound payments coming into Thailand as of now, and it is the first non-bank institution in the country to use RippleNet.

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Hawaii Bitcoin cryptocurrency Payments 133

PYMNTS

DECEMBER 4, 2019

digital bank Starling Bank , to help it launch its European expansion. He added that Phemex “can manage 300,000 transactions per second, as well as deliver an order entry and response time of less than one millisecond.”.

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Bitcoin blockchain New York cryptocurrency 131

PYMNTS

DECEMBER 16, 2020

In today’s top news in digital-first banking, FIS is working with Quontic Bank on the Bitcoin Rewards Checking Account, while Aeldra has chosen i2c Inc. to power its digital private banking offerings. FIS Powers Launch Of Quontic Bank’s Bitcoin Rewards Account.

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Bitcoin FDIC Cards California 157

PYMNTS

AUGUST 6, 2020

That comes despite Goldman Sachs’ own track record, in which the bank asserted that bitcoin wasn’t an asset class. PYMNTS noted this spring that Goldman Sachs has shifted its forecast on bitcoin. That comment reportedly angered the Winklevoss twins, the founders of crypto exchange Gemini.

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Chris Skinner

JANUARY 10, 2018

Things we’re reading today include: America’s Best and Worst Banks 2018 CFDs on bitcoin?

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The Paypers

DECEMBER 16, 2020

Quontic , an adaptive digital bank, has introduced Bitcoin Rewards Checking.

Bitcoin 28

Bitcoin Digital Banking 28

Chris Skinner

JANUARY 9, 2019

There has been a lot of thinking and rethinking during 2018 about blockchain, cryptocurrencies, bitcoin and everything digital currency related. I wrote about the challenges getting blockchains implemented for example, and was surprised to find myself enduing up as a network meme. The power of the pundit, ay?

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blockchain Bitcoin cryptocurrency Examples 287

Chris Skinner

MARCH 7, 2018

Everyone got very excited a few years ago about blockchain technologies, the ledger system that was spawned by the arrival of bitcoin in 2009. I recently wrote an article for Bloomberg’s Business Week, and thought it worth sharing with y’all here: What’s next for blockchain? appeared first on Chris Skinner's blog.

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blockchain Bitcoin System Technology 327

PYMNTS

DECEMBER 14, 2020

Revolut has launched four new digital currency tokens, including 0x, Tezos, OMG Network and EOS for Europe Economic Area (EEA) users. The British challenger bank added the new coins in response to high demand from clients, according to a published report. It first added bitcoin, litecoin and ether in 2017.

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cryptocurrency Video Bitcoin Regional 164

Chris Skinner

JULY 11, 2017

This is obvious when you look at the fledgling hiccups of bitcoin. There are few trusted value stores of bitcoin and the ones that exist are regulated. You need to get your bitcoin off the exchange and into a trusted value store – digital or regulated – to really be able to believe in this currency.

Fintech 327

Fintech Bitcoin Regulation Analytics 327

Chris Skinner

SEPTEMBER 22, 2017

when I blogged about the regulator’s views on bitcoin the other day. I was asked to explain what I meant by haven’t central bankers realised that democratised trust is in the technologies and code? appeared first on Chris Skinner's blog.

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PYMNTS

NOVEMBER 2, 2020

In today’s top news in digital-first banking, BlockCard is teaming with peer-to-peer (P2P) bitcoin marketplace Paxful for a new crypto debit card, while the Federal Reserve Board has modified the terms of its Main Street Lending Program (MSLP). Ternio’s BlockCard Teams With P2P Bitcoin Marketplace Paxful for Crypto Debit Card.

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PYMNTS

SEPTEMBER 2, 2019

PBoC became one of the first central regulatory institutions to ban initial coin offerings, while also imposing a strict ban on bitcoin and trying to weed out bitcoin mining companies in the country. It has also been unfriendly toward other forms of digital finance, including the peer-to-peer lending industry.

Fintech 193

Fintech Bitcoin cryptocurrency Lending 193

PYMNTS

AUGUST 14, 2018

. $2 billion: The amount of deposits Canada’s first digital bank EQ has taken in since its founding in 2016. $1 25 percent: Share of Overstock.com’s sales that are actually done in bitcoin (or another cryptocurrency). 1 million: What a NYC taxi medallion cost in 2015. Today, they auction for around $175,000.

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PYMNTS

JUNE 8, 2020

The purchase, according to the IRS document, would be useful to help keep ahead of crimes related to cryptocurrency and digital banking. Drug Enforcement Association (DEA) and Internal Revenue Service (IRS) looking to buy the license, according to documents seen by The Block.

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Chris Skinner

JULY 23, 2017

The pedestrian replies: “oh, if you want to get there, I wouldn’t start from here”, and this is exactly how … DenizBank, Turkey … the visible bank One of the presentations I particularly enjoyed at the EFMA meeting was from Gürhan Çam, Senior Vice President- Digital Banking at DenizBank, Turkey.

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The Paypers

SEPTEMBER 14, 2016

(The Paypers) Straits Financial , a US-based brokerage house, has revealed plans to accept Bitcoin via payment processor BitPay and digital bank WB21.

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Bitcoin Digital Banking US Payments 28

PYMNTS

DECEMBER 6, 2020

Citigroup, he said, would use its status as a multinational banking group to work with governments on the “creation and commercialization” of such coins, though he declined to name which governments he was working with.

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cryptocurrency Bitcoin System Trends 287

PYMNTS

NOVEMBER 11, 2019

Tencent has announced that it will launch a blockchain-based virtual bank. Hong Kong’s new regulations and supervision on digital assets transactions validates the importance of blockchain technology and digital assets, which is good news for the whole industry,” Cai said in a speech at the World Blockchain Summit in Wuzhen, China.

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blockchain Bitcoin Capital Taxes 109

PYMNTS

OCTOBER 16, 2020

Revolut Likely To Apply For US Bank Charter. Revolut , the European digital bank, is reportedly near applying for a U.S. banking license. The FinTech is reportedly likely to seek a charter with California’s Division of Financial Institutions and the Federal Reserve Bank of San Francisco within the next few weeks.

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Payments San Francisco Fintech Tools 239