article thumbnail

Bitcoin Joins American Express and PayPal on 2017 List of Social Media Darlings

Bank Innovation

American Express is the “most-loved” financial service on social media in 2017, according to a recent report, followed by PayPal, Vanguard and bitcoin. To find out which brand was the consumer favorite, at least on social […].

article thumbnail

Bitcoin Daily: BoE Economist Cites Benefits Of Digital Assets; Online Gamblers Choose Crypto To Cash Out; One Charged In $2M Crypto Theft

PYMNTS

While recognizing that digital currencies do pose risks, including the possibility of imposing “a macro-economic cost,” Haldane argued that a digital currency could mitigate technological constraints on lending, provide additional payments security, and increase stability. “I Freeman allegedly worked with five co-conspirators.

Bitcoin 222
Insiders

Sign Up for our Newsletter

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

article thumbnail

BoE Gov Says Crypto Could Slow Bank Loans

PYMNTS

28) that digital currencies could potentially dry up lending for banks and affect the economy as a whole, according to a report by Reuters. The BoE has warned about Facebook’s proposed cryptocurrency Libra , as well as other digital coins, and how they must be carefully considered before being approved.

article thumbnail

Potential Facebook Crypto Launch Pushes Bitcoin Over $9,000

PYMNTS

The coin was buoyed by the news that Facebook will potentially launch a cryptocurrency of its own. Bitcoin hasn’t been as high as $9,000 since May of 2018, and the cryptocurrency is now up 14 percent since January. There are reports that say Facebook’s cryptocurrency launch could happen as soon as Tuesday (June 18).

Bitcoin 136
article thumbnail

Bitcoin Daily: US Treasury’s Mnuchin Says ‘Significant’ New Crypto Rules In Works; Spain’s FC Barcelona To Create Team Token

PYMNTS

12) that the federal government would be rolling out new regulations regarding cryptocurrency at the Financial Crimes Enforcement Network (FCEN). interest in cryptocurrency is on the rise, as military contractors have begun to see its uses and the Federal Reserve seeing the potential in digital coins. In the U.S.,

Bitcoin 141
article thumbnail

Dorsey resigns from Twitter | Facebook’s executive in charge of cryptocurrency is leaving the company | Investors see looming NFT bubble

Bussman Advisory

The post Dorsey resigns from Twitter | Facebook’s executive in charge of cryptocurrency is leaving the company | Investors see looming NFT bubble appeared first on Bussmann Advisory AG. We offer advisory services for the executive team and in-person or virtual courses with tailored topics.

article thumbnail

Facebook’s cryptocurrency venture to wind down after asset sale to Silvergate | Zuckerberg’s ‘metaverse’ business lost more than $10 billion | IOC launches Beijing Olympics-themed mobile game with NFTs

Bussman Advisory

The post Facebook’s cryptocurrency venture to wind down after asset sale to Silvergate | Zuckerberg’s ‘metaverse’ business lost more than $10 billion | IOC launches Beijing Olympics-themed mobile game with NFTs appeared first on Bussmann Advisory AG. Contact us at info@bussmannadvisory.com for more details.