PYMNTS

AUGUST 18, 2019

This approval demonstrates New York’s competitiveness as a hub of innovation and leadership in emerging technologies.”. Bakkt is now authorized to provide custody services for bitcoin along with the launch of physically delivered bitcoin futures contracts. 16) in a press release. Both entities are affiliates of Bakkt.

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Bitcoin New York United States Leadership 165

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

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

JULY 24, 2019

New York’s Department of Financial Services (DFS) has launched a new Research and Innovation Division that will be responsible for licensing and supervising virtual currencies. And the New York Times has revealed that it is planning to use blockchain technology to fight fake news. Lacewell said in a press release.

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Regulation Bitcoin New York Online 108

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

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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Bitcoin District of Columbia Texas New York 123

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? billion.

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Bitcoin Regulation cryptocurrency blockchain 123

PYMNTS

OCTOBER 9, 2019

The terms of engagement for innovations such as Libra must be adopted in advance of any launch. Regulations include transparency that shows economic fortitude. The bank will also foster innovation among FinTech firms, Carney said at the Innovate Finance Global Summit. authorities should use their powers accordingly.”.

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PYMNTS

AUGUST 4, 2019

Elliptic collaborated with researchers from the Massachusetts Institute of Technology (MIT) on the data set, which was taken from 200,000 bitcoin transactions worth $6 billion — the largest set of labeled transaction data publicly available in any digital currency in the world. CoinDesk reported that investors are expected to move 29.9

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PYMNTS

AUGUST 10, 2017

Distributed ledger technology (blockchain) has made significant headway this year, and people are starting to take notice. At the beginning of 2017, the cryptocurrency bitcoin was valued at just under $1,000 and soared up to over $3,000 in May. While it took a dive over the summer, bitcoin now comfortably sits at just over $3,000.

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cryptocurrency Bitcoin blockchain Regulation 115

PYMNTS

MARCH 22, 2019

This is a great opportunity to join a growing legal team and work at the forefront of helping to deliver new technologies around the world,” according to the posting. In addition, there should also be “5+ years of legal experience, including 4+ years of technology transactions experience.”. Defunct bitcoin exchange Mt.

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PYMNTS

FEBRUARY 26, 2019

federal law enforcement agencies have recovered $110,000 worth of stolen bitcoin, and returned it to cryptocurrency exchange Bitfinex. bitcoin — is just a small portion of the amount stolen by hackers in August 2016. That amount — totaling 27.7 ZDNet reported that the two are building a prototype to test it out.

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PYMNTS

JULY 12, 2018

The person who spoke to Quartz , on the condition of anonymity, said that the issue “is about regulating the trade and we need to know where the money is coming from.” However, by allowing crypto assets as commodities, the country may be able to “better regulate trade … so that is being looked at,” the official said.

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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 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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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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Bitcoin social media Lending cryptocurrency 123

PYMNTS

NOVEMBER 12, 2019

“While the blockchain is open to developers and institutions from all over the world, we will be cautious in terms of selecting nodes on the platform,” Jieli Li, senior director of technology and business innovation at Ant Financial, said in reports.

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PYMNTS

FEBRUARY 5, 2018

Last month, Canada’s Competition Bureau released its final study on tech-led innovation in FinTech, offering regulators some thoughts on competition in the payments sphere, along with suggestions on where the competitive landscape could be improved. PYMNTS asked which countries might be a model and a template for innovation for Canada.

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Regulation Bitcoin Innovation Study 103

PYMNTS

JUNE 18, 2020

The technology lets users move money sans routing, banking account or credit card number. He noted that a number of payment technologies and digital currencies provide real anonymity or some degree of it. This raises the necessity of increased regulation of digital money,” he said, per the outlet.

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PYMNTS

FEBRUARY 15, 2018

He said that in his own state of Washington, state regulators have been looking at those issues for some time to determine the possibility of some sort of reciprocity or sharing of information. “It The pilot being run with those initial seven states will provide some answers for how state regulators can streamline the process.

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PYMNTS

SEPTEMBER 14, 2020

For example, in April 2020 a RaaS (Ransomware as a Service) group called Sodinokibi (a former affiliate with the GrandCrab RaaS group) stated that future ransom request payments will be in Monero (XMR) rather than bitcoin (BTC) due to transaction privacy concerns," the agency states in its RFP. 1 have just taken effect.

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blockchain cryptocurrency Bitcoin Compliance 160

PYMNTS

FEBRUARY 3, 2017

Following relatively flat growth through the end of January (by cryptocurrency standards, anyway), bitcoin’s value spiked, breaking $1,000 to reach a high of $1,003.92 At the time of this writing, bitcoin sat tenuously at $1,000.73, up 1.36 bitcoin wallet and vault Xapo to operate in the country. in Thursday afternoon trading.

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PYMNTS

JANUARY 31, 2018

For years, throughout the volatility of cryptocurrency values, some industry experts have assured investors and innovators that blockchain is the disruptor in which the market should place its faith. And this week, experts have begun to voice their skepticism over distributed ledger technology’s (DLT) promise for a massive shakeup.

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blockchain Bitcoin cryptocurrency New York 124

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

AUGUST 19, 2016

One minute officials are threatening to punish bitcoin operatives and traders, the next minute they are suggesting that citizens can use bitcoin “in areas where such activities are legal.”. One thing of note, however, is that if Russia is anything like Japan, regulation could have quite an effect on cryptocurrency trading.

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PYMNTS

MARCH 10, 2017

Fizzle of the Week: Bitcoin. We’d say it was a volatile week for bitcoin — but if we are being honest, every week is pretty much a volatile week for bitcoin. And this week bitcoin has once again failed to disappoint. The Fed has spoken — and the price of bitcoin crashed.

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Bitcoin Retail Security Maine 122

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

APRIL 27, 2016

The European Union has decided it won’t take a formal stance on regulating blockchain, at least for now. According to the EU parliamentary committee, now is not the time to regulate. Instead, the group determined it was best to keep a watchful eye over the technology that underpins bitcoin without being overarching.

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PYMNTS

SEPTEMBER 22, 2016

As digital currencies, like bitcoin, expand their reach and more people pay using their smartphone, there are concerns that the U.S. The goal is to keep FinTech companies and innovation stateside. The bill is a direct aim against losing financial innovation to the U.K.’s which is making strides in the space.

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Regulation Fintech Innovation Bitcoin 100

PYMNTS

JUNE 24, 2019

The think pieces have come in waves, as have the reactions from analysts, cryptocurrency enthusiasts and regulators — and the world waits to see exactly what Facebook and its cadre of payments and commerce players design. There will be perceptual hurdles to clear, and regulators to convince. The Twin Concerns: Bitcoin And Facebook.

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PYMNTS

APRIL 29, 2020

Today, there remains a broad spectrum of positions that regulators and financial service providers hold when it comes to working with crypto businesses. ius, “because cryptocurrency is actually a medium of exchange technology, which possesses similar risks as any payment or financial business.”. According to Karalevi?ius,

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PYMNTS

JANUARY 11, 2021

Although blockchain technology and Bitcoin, its best-known inhabitant, have been around for 10 years, the world is just now entering a seismic transition from holding account-based assets to a system that uses token-based digital assets. Hamstringing American Innovation. s ability as a country to effectively innovate.

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Bank Innovation

APRIL 5, 2018

This time India’s central bank issued a statement today banning all entities that fall under its regulation, from dealing with any cryptocurrencies. Today’s statement read: Technological innovations, including […].

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cryptocurrency Regulation Innovation Technology 273

NCR

APRIL 10, 2018

The Reserve Bank of India (RBI) has announced new measures prohibiting the country’s regulated financial institutions from dealing in cryptocurrencies, also known as virtual currencies (VCs). “Regulated entities which already provide such services shall exit the relationship within a specified time.”

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PYMNTS

JANUARY 29, 2020

The company’s articles of incorporation reference “the digital nature of the shares (tokens) and the use of the blockchain as the technology to keep the shareholders registry.”. 29) by Coindesk. The prospectus said that the company is offering 8,399,000 “common equity share security tokens” on the ethereum blockchain.

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blockchain Groups cryptocurrency Bitcoin 133

PYMNTS

DECEMBER 5, 2018

The funding will be used to hire staff, “build out our infrastructure and secure the appropriate steps are taken to develop a regulated market for digital assets,” said ErisX Chief Executive Officer Thomas Chippas, according to Reuters. The exchange is set to launch next year, pending regulatory approval. A new document shows that the U.S.

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