PYMNTS

OCTOBER 9, 2020

Bitcoin and other cryptocurrencies are continuing to attract attention from authorities for all the wrong reasons. Among the issues plaguing bitcoin and its peers is the fact that unlike credit card transactions, cryptocurrency payments are almost immediately irreversible. For instance, a new U.S. In unveiling the report , U.S.

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PYMNTS

APRIL 21, 2019

Afghanistan is looking to boost its ailing economy with bitcoin. Sediq explained that bitcoin could be used with a form of metals future, such as lithium, adding that the value of Afghanistan’s mineral reserves is estimated at more than $3 trillion. In the meantime, Afghanistan isn’t the only country looking into bitcoin.

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PYMNTS

DECEMBER 4, 2020

About 10,000 Cubans have turned to bitcoin and altcoins, including ethereum and dogecoin, to skirt around U.S. The proof-of-concept was run in partnership with BIS’ Innovation Hub Swiss Centre, the Swiss National Bank and financial infrastructure operator SIX, according to the announcement.

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PYMNTS

APRIL 1, 2020

In the middle of February, bitcoin reached $10,500 and dropped to as low as $3,867 in mid-March. The value of bitcoins delivered to darknet markets declined to $3.2 The price of bitcoin was $6,538.14 Bitcoin ATM company Blockstale brought the machine to Lagos, Nigeria’s largest city. million from $4.1

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Chris Skinner

MAY 26, 2017

I’m being asked this a lot as the value of bitcoin and other cryptocurrencies have increased ten-fold in the past few weeks. There’s also underperforming Chinese markets and increased demand for the cryptocurrency in a number of Asian countries, particularly Japan where bitcoin is semi-legitimised. It’s funny.

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PYMNTS

APRIL 26, 2020

The owner of a site that wanted to sell fake coronavirus cures and accept payment in bitcoin has been seized by the U.S. The site, coronaprevention.com, was posted on a hacker’s forum the day after the virus was declared a national pandemic by the President, according to a complaint. Attorney’s Office for the District of Colombia.

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PYMNTS

NOVEMBER 11, 2016

In this week’s Bitcoin Tracker, bitcoin soars, then settles down and plans for its yearly sale abound. Switzerland gives bitcoin a hand by way of rail ticket machine sales, an Australian startup banks on the aptly named Dash and Zcash fervor fades. But as markets saw their prices fall, bitcoin’s numbers went up.

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PYMNTS

NOVEMBER 30, 2020

27 that it was partnering with the pizza chain to process cryptocurrencies, including Bitcoin, Litecoin, Binance Coin, Binance USD, Tether, Dash, Ether, Dai and XPT, Cryptobuyer’s native coin. Chinese law enforcement seized 194,775 Bitcoin, 833,083 Ethereum, 487 million XRP, 6 billion Dogecoin, 27.6 billion) from more than 2.6

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PYMNTS

JANUARY 25, 2021

Lastly, while cryptocurrencies might never replace fiat currencies as a medium of exchange, they could replace gold as a store of value, according to research from the Bank of Singapore , The National reported. Governments are very wary of any technology that could potentially displace national currencies,” Mohi-uddin said, per the report.

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PYMNTS

DECEMBER 30, 2018

They will also be charged with creating technical and regulatory tools for the nation’s blockchain industry. In other news, Craig Wright, the self-proclaimed inventor of bitcoin, has had his move to dismiss a lawsuit against him denied by a U.S. million bitcoins (currently worth around $3.9 federal court.

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PYMNTS

SEPTEMBER 21, 2020

The Office of the Comptroller of the Currency (OCC) released a letter that explained the authority of federal savings associations and national banks to keep “reserves” for clients who are issuers of stablecoins in some cases, according to a Monday (Sept. dollar or a currency from another nation. 21) press release.

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PYMNTS

DECEMBER 4, 2019

asset manager WisdomTree has launched its first investment product, offering large investors exposure to bitcoin without having to directly hold the asset. The product’s underlying bitcoin will be held in “cold,” or offline, storage by Swissquote bank. It was important for us and our members to establish what rights managers have.

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PYMNTS

JULY 22, 2020

The governmental body said that thrifts, along with state and national banks, have a lengthy history of offering custody and safekeeping for digital assets as well as tangible property. The governmental ministry is said to put the code before the National Assembly for the go-ahead prior to Sept. 1 of next year.

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PYMNTS

NOVEMBER 26, 2019

Department of Justice on illegal financial issues affecting national security. And Bitstop has announced a partnership with Simon Malls to bring a fleet of Bitcoin ATMs to various shopping destinations. Bitcoin is the perfect gift for family and friends this holiday season.

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PYMNTS

APRIL 26, 2016

Bitstamp has stamped its name in the record books in the EU for being the first company of its kind to secure a national license to operate as a bitcoin exchange. “This is an unprecedented moment for the bitcoin and brings with it a new era of security and transparency to the industry,” the company wrote on its blog.

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PYMNTS

JUNE 4, 2020

Paxful , a peer-to-peer (P2P) bitcoin marketplace, registered substantial rises in Indian trade volume amid a regulatory environment in the nation that is becoming more friendly to digital currency, Cointelgraph reported. Ray Youssef, the company’s CEO, told the outlet that monthly new user sign-ups have jumped by 28 percent.

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BankInovation

DECEMBER 9, 2021

When El Salvador in early June passed a law declaring Bitcoin as legal tender, Banco Agricola, the Central American nation's largest bank, had three months to implement the cryptocurrency as a payment. dollar was to remain the primary currency, with Bitcoin to […].

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PYMNTS

OCTOBER 8, 2020

Ensuring that use of this technology is safe and does not imperil our public safety or our national security is vitally important to America and its allies.”. “Cryptocurrency is a technology that could fundamentally transform how human beings interact, and how we organize society,” Barr said in the release. 8) press release. “A

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PYMNTS

JUNE 25, 2018

Schweizerische Nationalbank Board Director Thomas Moser said he doesn’t think it’s the right time to talk about issuing a national cryptocurrency for the country. He added that there is also the possibility that bitcoin will be replaced by another crypto sooner or later. Something similar has to happen with bitcoin.

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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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PYMNTS

JANUARY 14, 2021

Bitcoin is about to get even more scrutiny by regulators, on a global stage. As reported by Reuters this week, Lagarde said at a conference sponsored by the newswire that bitcoin should be regulated — worldwide. The comments come against a backdrop where bitcoin’s price action has been volatile — to put it mildly.

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PYMNTS

DECEMBER 17, 2019

Bitcoin may struggle to recover from the effects of one of the largest digital currency scams, Bloomberg reported Monday (Dec. PlusToken conspirators have reportedly sold approximately 25,000 bitcoins as well as another 20,000 tokens distributed throughout over 8,700 anonymous crypto addresses. The price of bitcoin was $6,875.71

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PYMNTS

FEBRUARY 19, 2019

Bitcoin jumped to a one-month high as it hit $3,727 this weekend — it’s highest level since Jan. To break above the upper edge of the triangle, bitcoin must make it past $3,760, which is expected to happen sometime this week. Its 24-hour trading volume also rose to above $8 billion for the first time since Dec.

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PYMNTS

JULY 16, 2019

Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. In a press conference on Monday (July 15), Mnuchin warned that Libra “could be misused by money launderers and terrorist financiers” and that it was a “national security issue.”.

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PYMNTS

AUGUST 13, 2019

Bantotal , a core Latin America banking service provider that works with 60 banks in 14 countries, has partnered with Bitex to perform cross-border payments using bitcoin blockchain, according to reports. I can just send a payment from Argentina to Chile directly [using bitcoin].”.

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Bitcoin Payments blockchain America 159

PYMNTS

APRIL 28, 2019

Police in Singapore helped stop a scam that was targeting users of bitcoin machines at a local mall. The scammers then ordered the man to transfer a total of $1,000 ($734 USD) worth of bitcoin to their wallets on two occasions, which the victim did.

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PYMNTS

MARCH 7, 2019

In other news, blockchain security company CipherTrace revealed details of the first Canadian court case to use a bitcoin expert witness. As a result, the Ontario Attorney General is seeking to confiscate 288 bitcoins. “As The auditing giant used data from the U.S. billion coming from the SamSam attack.

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PYMNTS

FEBRUARY 24, 2017

Is there an alternative, profound French phrase or two that can describe what investors have seen this week with bitcoin? Bitcoin is quickly headed toward fresh three-year highs after jumping up over $100 in value since last week’s tracker. 23) morning, bitcoin had broken $1,150 in value, reaching a high of $1,153.04.

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PYMNTS

MARCH 2, 2020

Treasury has brought on an additional 20 new bitcoin addresses affiliated with two people to its sanctioned individuals roster, Coindesk reported. Two individuals were accused of being connected to the Lazarus Group cybercrime organization per an update of the “Specially Designated Nationals” (SDN) list from OFAC.

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PYMNTS

DECEMBER 18, 2018

One year after bitcoin topped $19,400, the popular cryptocurrency rallied on Monday (December 17) and broke through the $3,400 level, CNBC reported. The price of bitcoin was $3,500.69 The news comes a few months after the official reportedly said the government was creating the foundation for a national digital currency.

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PYMNTS

DECEMBER 19, 2019

Two cryptos are currently supported: ether and bitcoin. that allows users to send bitcoin via email, Coindesk reported. On another note, a former National Football League (NFL) minority owner could potentially admit in January that he participated in running an illicit shadow bank for digital currency traders, Bloomberg reported.

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PYMNTS

JANUARY 3, 2019

3) that it will pay a portion of its state business taxes in Ohio in bitcoin, becoming the first major U.S. company to pay state taxes in bitcoin. Paying taxes via bitcoin is not the first milestone for the online retailer, which is morphing into a leader in blockchain technology and cryptocurrency. Ohio is the first U.S.

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PYMNTS

OCTOBER 29, 2020

The Bank of Canada is progressing in its plans for a national digital currency, moving past proof of concepts to “executable” plans, according to Reuters. to buy bitcoin, the custodian announced in a blog post. After adding a bank account to the service, users can buy up to $5,000 in bitcoin a week — or $20,000 a month — with a 0.99

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PYMNTS

JULY 11, 2019

House of Representatives Financial Services Committee on Thursday (July 11), and his comments caused a slide in bitcoin value, which fell 7.7 Bitcoin was last down 4.5 When Facebook announced Libra on June 18, bitcoin jumped 55 percent in value in nine days, reaching almost $14,000 in value. percent, to $11,164.

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PYMNTS

JANUARY 31, 2021

India is looking into a new bill that could ban private cryptocurrencies in favor of a national digital coin, a report says. The bitcoin fund for Ninepoint, which started trading Wednesday (Jan. The bitcoin fund was still available for both U.S. The bitcoin fund was still available for both U.S. and “BITC.UN.”.

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PYMNTS

NOVEMBER 18, 2020

Bitcoin has continued to rise, hitting $18,172 Wednesday morning (Nov. Bitcoin has been on the rise in 2020 as it becomes increasingly more accepted by the mainstream payments industry. 18), the first time the cryptocurrency has climbed above $18,000 since December 2017, CNBC reported. It fell slightly, hitting 17,542.52 Eastern Time.

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PYMNTS

JANUARY 3, 2017

Given the past few days, it seems like 2017 could be a banner year for bitcoin. Bitcoin broke past $1,000 in value on its first day of trading in 2017. At the time of writing, the price of bitcoin sat at $1,027.05. These figures are the highest bitcoin has been since its $1,216.70 Gox collapsed.

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