Square Lands Hard On Cryptocurrency

PYMNTS

5) was its prowess in cryptocurrency. Cash App users can purchase and sell bitcoin; they can also make cryptocurrency transfers to other wallets. Square has been a supporter of cryptocurrency, which generated $65.5 Earnings Bitcoin cryptocurrency News Square

Israel to Tax Cryptocurrencies

Bank Innovation

Israel is going to put a tax on cryptocurrencies including bitcoin, regulators in the country said yesterday. According to a circular by Israel Tax Authority yesterday, the government said it looks at cryptocurrencies as a property rather than a currency, and therefore it will be taxable.

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Thailand to Tax Cryptocurrencies

Bank Innovation

Taxes on cryptocurrency? Taxing cryptocurrency is a way for […]. Compliance Cryptocurrency Exclusive Bitcoin cryptocurrency regulationsThat’s what regulators in Thailand are planning to institute.

Cryptocurrency Expert: Government-Backed Cryptocurrency Misses the Point

Bank Innovation

EXCLUSIVE- To make a government-backed cryptocurrency is to defeat the point of cryptocurrency, Jacob Eliosoff, a programmer, crypto trader, businessman, and teacher, explains in an interview with Bank Innovation.

China Does a 180° on Cryptocurrency

Bank Innovation

China has reportedly banned all bitcoin executives from leaving its borders as part of the country’s crackdown on its cryptocurrency industry. Compliance Cryptocurrency Exclusive Online Bitcoin China compliance cryptocurrency regulations

New York To Ease Cryptocurrency Regulations

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It will be easier for New York cryptocurrency businesses to launch in New York, thanks to a plan by regulators that would ease licensing rules.

China’s Latest Ban Threatens All Cryptocurrencies

Bank Innovation

The price of bitcoin is down following a report that China may ban all cryptocurrency exchanges within its borders. Compliance Cryptocurrency Exclusive Bitcoin Caixin China Chinese Fintech cryptocurrency Ethereum

Regulating the cryptocurrency markets

Chris Skinner

I guess that this is logical as my last line was that government control of cryptocurrencies is “not so easy for cryptocurrencies that have … The post Regulating the cryptocurrency markets appeared first on Chris Skinner's blog. Someone made the comment on my platform piece about what happens when there are no Jack Ma’s or Mark Zuckerberg’s, as the whole thing is decentralised?

Lawmakers take a hard look at cryptocurrency

Mobile Payments Today

With Facebook's announcement of its cryptocurrency Libra, cryptocurrency has gotten a lot more attention recently, and not all of it is positive, especially from U.S. Many are seeing cryptocurrencies like Libra as a national security issue

The future of cryptocurrencies

Chris Skinner

2017 has been a wild and fantastic year for cryptocurrencies, especially bitcoin. 2017 was when everyone thought they had to get into cryptocurrencies, and … The post The future of cryptocurrencies appeared first on Chris Skinner's blog

Russia to Regulate Cryptocurrencies in 2017

Bank Innovation

Russia will start regulating cryptocurrency trading by the end of the year, according to the country’s Finance Minister. Cryptocurrency Bitcoin Bitcoin regulation cryptocurrencies Russia

Cryptocurrencies are not currencies

Chris Skinner

I’ve been watching the rollercoaster ride of cryptocurrencies very carefully for the last year, and it only struck me today that these are not currencies … yet. Apart from a few novelty vendors and merchants who put bitcoin on their websites, I don’t see many others accepting ether or XRP, … The post Cryptocurrencies are not currencies appeared first on Chris Skinner's blog.

Estonia to Launch Government-Backed Cryptocurrency

Bank Innovation

Estonia, a small Northern European country bordering the Baltic sea and Gulf of Finland, wants its own official digital cryptocurrency. Cryptocurrency Exclusive cryptocurrency Estonia Ethereum ICOs

Japanese Cryptocurrency Exchange bitFlyer Launches in Europe

Bank Innovation

Japanese cryptocurrency exchange bitFlyer today announced its launch in Europe. Compliance Cryptocurrency Exclusive Bitcoin bitFlyer cryptocurrencies European UnionbitFlyer, the first Bitcoin exchange to be regulated in Japan and the U.S.,

Facebook Reverses Cryptocurrency Ad Ban

Bank Innovation

PREMIUM –Facebook has changed its stance on cryptocurrency ads by reversing a ban it had placed on the ads only five months ago. The news didn't do much for bitcoin, the most well known cryptocurrency, which is trading today a little above $6,000.

The Two Faces of Cryptocurrency in China

Bank Innovation

Compliance Cryptocurrency Exclusive Online Security Chinese cryptocurrency crytpocurrency.

China Likely to License Cryptocurrency Exchanges

Bank Innovation

The People’s Republic of China will likely re-legalize cryptocurrency trading, ending its nation-wide ban on crypto exchanges from early September, as reported by cnLedger, a well-known source on cryptocurrency news in China.

Japanese Cryptocurrency Exchanges Report 669 Cases of Money Laundering

Bank Innovation

Japan’s cryptocurrency exchanges have reported a total of 669 suspected money laundering cases to the country’s National Police Agency, according to a report by Nikkei Asian Review. Cryptocurrency Exclusive Security Bitcoin cryptocurrency money laundering

13 Questions to Cryptocurrencies From SEC

Bank Innovation

The Securities and Exchange Commission is telling investors to ask their cryptocurrency platforms 13 questions to weed out the “”potentially unlawful” ones. Cryptocurrency Exclusive Bitcoin Commodity Futures Trading Commission cryptocurrency securities and exchange commission

Cryptocurrencies Surge as Debate Over Digital Tokens, Securities Reignites

Bank Innovation

EXCLUSIVE— Cryptocurrencies are experiencing one of their highest points in recent weeks, after remarks made by former financial regulator Gary Gensler brought back concerns that certain tokens should really be considered securities.

Most People Don’t Know What Cryptocurrencies Are

Bank Innovation

Sure, cryptocurrency and bitcoin might seem like the talk of the town, but a recent survey found that most people don’t even know what a digital currency is. According to a survey conducted by cryptocurrency platform COBINHOOD, only 56% of the 1,035 Americans surveyed knew that cryptocurrency is a digital decentralized currency designed as a […]. Cryptocurrency DataBank Bitcoin cryptocurrencies Ethereum ICOs initial coin offerings Litecoin

Amazon Registers Three Cryptocurrency Domain Names

Bank Innovation

Amazon Technologies, a subsidiary of e-commerce giant Amazon, has acquired three domain names relating to cryptocurrency: “amazoncryptocurrency.com,” “amazoncryptocurrencies.com,” and “amazonethereum.com.”

Mexican Central Bank to Regulate Cryptocurrency

Bank Innovation

Mexican President Enrique Peña Nieto is presenting a legislation that proposes to regulate cryptocurrency to the Mexican Senate today, according to reports. Cryptocurrency Exclusive Bank of Mexico Bitcoin Bitcoin regulation cryptocurrency fintechs Mexico

Cryptocurrency Exchange Bakkt Raises $182.5 Million Ahead of Delayed Launch

Bank Innovation

Bakkt, a cryptocurrency startup led by Intercontinental Exchange, scored $182.5 million to build out its futures trading platform for cryptocurrencies ahead of an anticipated, albeit delayed, launch in 2019.

Major Indian Bank HDFC Bans Cryptocurrency Purchase

Bank Innovation

EXCLUSIVE – HDFC (Housing Development Financial Corporation), one of India’s largest private sector banks has banned cryptocurrency purchases from its cards, both credit and debit. Cryptocurrency Exclusive Premium Bitcoin cryptocurrency HDFC Bank ICICI Bank India Reserve Bank of India

Facebook makes its big move into cryptocurrency with Libra

Mobile Payments Today

Cryptocurrency and blockchain technology are now mainstream. If you still doubt this fact, then take a look at Facebook, which has formally announced its entry into the cryptocurrency space

What’s Next for SWIFT? APIs, Realtime Payments, and Cryptocurrency

Bank Innovation

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Cryptocurrency Is an Asset Class, Chain CEO Adam Ludwin, says

Bank Innovation

EXCLUSIVE – Cryptocurrency is an asset class that enables a new kind of software, Adam Ludwin, co-founder and CEO of blockchain technology platform Chain said at the Bank Innovation 2018 conference in San Francisco. Cryptocurrency Exclusive Bitcoin cryptocurrency

Burundi Prohibits Cryptocurrency Trading

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Saying it can’t provide users of cryptocurrencies protection in case of trouble, Burundi banned the trading of digital currencies in the country, Bloomberg reported. Cryptocurrency Bank of England bitcoin Burundi cryptocurrency News What's Hot

India Moves To Outlaw Cryptocurrencies

PYMNTS

The Indian government has drafted a bill that would ban cryptocurrencies and attempt to regulate any official digital money, according to reports. . Many government agencies feel the need to move on cryptocurrency is urgent.

South Korea’s Crackdown on Cryptocurrency

Bank Innovation

South Korean government’s skepticism on the cryptocurrency phenomenon has taken a new form as reports emerge that the government is looking to ban all digital currencies as well as prominent exchanges. Cryptocurrency Exclusive Bitcoin cryptocurrency South KoreaReuters reported that two of the country’s largest exchanges Coinone and Bithumb were raided this week by police and tax agencies on allegations of […].

Cryptocurrency Investment Firm Bitwise Raises $4 Million

Bank Innovation

Cryptocurrency investment firm Bitwise today raised $4 million in seed funding. Based in San Francisco, Bitwise is an investing fund that focuses on the top 10 cryptocurrencies by market […].

Facebook Likes Payments: Cryptocurrency, Not So Much

Bank Innovation

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PayPal Focuses On Venmo, Not Cryptocurrency

Bank Innovation

EXCLUSIVE – Payments company PayPal might not see immediate value in cryptocurrency, but it's continuing to see more value in its P2P payments service Venmo, according to the company's Q1 earnings call yesterday.

Japan Regulators Crack Down on 15 Cryptocurrency Exchanges

Bank Innovation

It’s not surprising that the Japanese government tighten its grip on cryptocurrency exchanges following a major hack a few weeks ago. Today, the Japanese government said it will start an inspection on 15 unlicensed cryptocurrency exchanges.