Remove Bitcoin Remove National Remove Operations Remove Technology
article thumbnail

Bitcoin Daily: 7,000 Crypto ATMs Worldwide, Data Says; Marshall Islands Plans National Digital Currency

PYMNTS

The blockchain for the Marshallese sovereign (SOV) digital currency will be developed with Algorand technology, according to an announcement. Algorand created a permissionless, open source and pure proof-of-stake blockchain technology. The supply of SOV will be set to increase at 4 percent yearly to stop inflation from occurring.

ATM 168
article thumbnail

Bitcoin Daily: Travala.com Combines With TravelbyBit; France Tests Blockchain-Operational Digital Euro

PYMNTS

In other news, France has become the first nation to test out a blockchain-operational digital euro with successful results, Banque de France announced on Wednesday (May 20). Additionally, the recent test of securities issuance was said to be based on technology received after the bank’s call for applications in late March.

Bitcoin 131
Insiders

Sign Up for our Newsletter

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

article thumbnail

China May Move To Ban Bitcoin Mining

PYMNTS

China could move to ban mining for bitcoins if a draft list of activities the country’s state planner wants to ban becomes law. Reuters reported on Monday (April 8) the National Development and Reform Commission said it wants public comments about the new list of industry practices it wants to bolster, restrict or get rid of altogether.

Bitcoin 187
article thumbnail

Bitcoin Daily: Venezuela Pizza Huts Now Take Bitcoin; $4.2 Billion In Cryptos Seized By China In PlusToken Investigation

PYMNTS

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

Bitcoin 168
article thumbnail

Bitcoin Daily: Bitcoin Peaks At $3.7K; Indonesia Sets Crypto Trading Regs

PYMNTS

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.

Bitcoin 164
article thumbnail

Bitcoin Daily: Gemini Exchange Joins Silvergate Exchange Network; UK’s National Liberal Party Reveals Crypto Policy

PYMNTS

Kadena’s existing blockchain clients include $3 billion asset manager USCF Investments, healthcare technology company Rymedi, and leading Latin American technology business Alteum, as well as one of the world’s top 100 largest banks, and Fortune 500 companies. “In

Policies 116
article thumbnail

Bitcoin Daily: Bitcoin Rises After Recent Crash; IRS Delivers New Rules For Crypto Investors

PYMNTS

Ransom is demanded in bitcoin, upon threat of releasing damaging information to family, friends, and co-workers. But now the hackers are asking for alternative crypto currencies to bitcoin in their ransom demands. This latest sextortion version is using a Litecoin wallet address instead of bitcoin to evade detection,” Johnson wrote.

Bitcoin 116