The Fintech Times

FEBRUARY 16, 2024

Blockchain and cryptocurrency have massive potential to help vulnerable and underrepresented communities. Evidence of this can be seen with the launch of Paystand.org, the corporate social responsibility (CSR) arm of Paystand , the blockchain-enabled commercial payments platform.

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Bitcoin Blockchain Financial Inclusion Underserved 71

The Fintech Times

NOVEMBER 11, 2024

Bitbank , the crypto assets exchange, has officially launched Bitbank Ventures , a new investment firm focusing on projects within the crypto and blockchain space. Bitbank Ventures will consider investing in any blockchain -related projects, ranging from pre-seed to series A.

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Blockchain Cryptocurrency Bitcoin Participant 63

PYMNTS

NOVEMBER 10, 2020

Scan the headlines over the past few weeks and cryptos, well beyond the marquee bitcoin, are making inroads into mainstream consumer and business activities. PayPal is opening its network to allow consumers to shop using cryptocurrency. Square bought $50 million of bitcoin. The mechanics and clumsiness of it all have not helped.

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Cryptocurrency Blockchain Bitcoin Online and Mobile Banking 129

Finextra

FEBRUARY 23, 2024

The Texas Blockchain Council (TBC), a non-profit industry association, has initiated legal action against the Energy Information Administration (EIA) over cryptocurrency mining data collection.

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Blockchain Bitcoin Legal Cryptocurrency 95

Fintech Review

JUNE 25, 2024

Blockchain technology, initially synonymous with cryptocurrencies like Bitcoin , has evolved beyond its origins. This article delves into the diverse ways blockchain is reshaping fintech, focusing on smart contracts, cross-border transactions, and enhancing transparency and security.

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Blockchain Technology Innovation Cross-Border 95

The Fintech Times

MAY 22, 2024

Our monthly focus now turns to the most well-known form of digital assets : cryptocurrencies. Since Bitcoin’s inception in 2009, the crypto world has jumped from one height to the next continually breaking records. But what is keeping this momentum going?

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Cryptocurrency Innovation Bitcoin Blockchain 77

CoinRemitter

MAY 29, 2024

With the rise in digital currencies for payments and transactions, two innovations are much discussed: Central Bank Decentralised Currencies (CBDCs) and cryptocurrencies. Let’s break down the key differences between CBDCs and cryptocurrencies. Ethereum, Dogecoin, Tether, and Cardano are some of the examples of cryptocurrencies.

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Cryptocurrency Central Bank Digital Currency Privacy 49

Finextra

JULY 4, 2024

This will also result in more efficient usage of Ethereum, Bitcoin and Solana, which will in turn, change the reputational view of blockchain.

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Blockchain FinTech Cryptocurrency Cash Management 69

Clearly Payments

MARCH 11, 2024

In recent years, the rise of cryptocurrency has redefined traditional notions of currency and payment systems worldwide. Cryptocurrency, such as Bitcoin, Ethereum, and others, operates on decentralized blockchain networks, enabling secure, peer-to-peer transactions without the need for intermediaries like banks or financial institutions.

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Cryptocurrency Financial Inclusion Consumer Protection Payments 77

PYMNTS

OCTOBER 9, 2020

Bitcoin and other cryptocurrencies are continuing to attract attention from authorities for all the wrong reasons. Justice Department report is taking aim at the “emerging threats and enforcement challenges” associated with digital currencies, establishing a “Cryptocurrency Enforcement Framework” to address problems.

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Cryptocurrency Bitcoin FBI Breach 82

Fintech Review

AUGUST 27, 2024

Blockchain technology has revolutionised numerous industries by providing decentralised, secure, and transparent systems. However, one of the significant challenges it faces is interoperability between different blockchain networks. However, these networks often operate in isolation, limiting the potential of blockchain technology.

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Interoperability Blockchain Facilitators Innovation 105

PYMNTS

NOVEMBER 5, 2020

5), bitcoin followed suit, rising to over $15,000, signaling a continued confidence in the cryptocurrency. Investors have continued to accumulate bitcoin throughout the year, specifically during the March and September price crashes, according to CoinDesk, signaling long-term confidence in the digital coin. at 10:50 a.m. (ET),

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Bitcoin Blockchain NOV Cryptocurrency 85

PYMNTS

NOVEMBER 4, 2020

Bit by bit — but more than bitcoin by bitcoin — cryptos are inching into the mainstream, for both consumer and commercial applications. Elsewhere, Square announce last month that it has invested $50 million — approximately 1 percent of its total second-quarter assets — to purchase roughly 4,709 bitcoins. “We

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Bitcoin Cryptocurrency Office of the Comptroller of the Currency Stablecoins 83

PYMNTS

AUGUST 21, 2020

More than $50 billion of cryptocurrency was transferred from virtual wallets in China to other parts of the world last year, a potential violation of the nation’s strict limits on how much money can be sent abroad, according to a new report. Cryptocurrency could be picking up some of the slack.” .

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Cryptocurrency Stablecoins Money Laundering Regulatory Compliance 139

The Fintech Times

APRIL 13, 2024

Every four years, the crypto world gears itself up for what has historically been a very exciting time in the industry: the Bitcoin (BTC) halving. For those outside of the crypto world, the Bitcoin halving may seem like a strange idea: why half how quickly you can get something when it is in such high demand? Miners now get 6.25

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Bitcoin Blocks Cryptocurrency Blockchain 74

PYMNTS

NOVEMBER 25, 2020

The Federal Ministry of Finance in Nigeria is said to be in discussions with the securities watchdog in the country to create a new digital currency and blockchain structure, Cointelegraph reported. As it stands, bitcoin and other digital currencies are seeing increasing use in Nigeria.

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Bitcoin Blockchain Digital Currency Blocks 110

PYMNTS

DECEMBER 30, 2020

At a time when 90 percent of Americans have never owned bitcoin and nearly 70 percent say they have no plans to do so in the future, the thought of widespread adoption and usage of cryptocurrency seems to be a distant prospect for most people. Bitcoin is awesome. Janet Yellen supports blockchain as a technology.

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Fed Bitcoin Cryptocurrency Digital Currency 107

Finovate

MARCH 20, 2024

This week in Tales from the Crypto we look at the boom-induced traffic jam in crypto coin trading, new funding for a blockchain payment network in the developing world, and a pair of new crypto-friendly alums that demoed at FinovateEurope last month. Base Backup as Bitcoin Booms The renewed boom in bitcoin is not without its discontents.

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Blockchain Payment Security Security AML 59

PYMNTS

DECEMBER 17, 2020

Amid the rallies that have marked all manner of asset classes in 2020 – where things hummed along to start the year, turned sour in the spring and then rebounded (nay, roared) into the waning months, bitcoin stands out. But now, at least some asset managers have been embracing bitcoin as a hedge against currencies and gold.

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Bitcoin Cryptocurrency PayPal Online and Mobile Banking 117

Payments Source

JULY 7, 2020

As a cryptocurrency entrepreneur who helped launch Stellar and Dogecoin, Marshall Hayner has long been interested in finding a way to use blockchain — the digital ledger technology originally developed for Bitcoin — to solve some of the data privacy issues relating to payments.

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Blockchain Privacy Bitcoin Origination 118

PYMNTS

NOVEMBER 11, 2020

The count of bitcoin ATMs has jumped this year, rising by 85 percent to just under 11,800, CoinDesk reported. Meanwhile, hackers purportedly sought $11 million worth of cryptocurrency from Japanese computer gaming company Capcom in return for not providing illicitly gathered private data, CoinDesk reported.

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Bitcoin ATM Digital Currency NOV 128

The Fintech Times

MAY 1, 2024

We will: Explore the biggest innovations over the past year in the cryptocurrency, stablecoin, blockchain and digital assets spheres. Dissect the common misconceptions between digital assets and cryptocurrencies and how they can be corrected. Find out how blockchain is being used outside of crypto.

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Metaverse FinTech Stablecoins Blockchain 110

PYMNTS

JUNE 26, 2020

The company will also tell the agency about any intentions for any kind of cryptocurrency issuance in the three years to come. billion raise to back the creation of its Telegram One Network (TON) blockchain initiative. Securities and Exchange Commission (SEC) settlement over an unsuccessful token offering, Coindesk reported.

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Money Laundering AML Bitcoin Cryptocurrency 103

PYMNTS

NOVEMBER 23, 2020

PayPal and Square’s Cash App digital currency buying spree has reportedly triggered a bitcoin rally, according to a Benzinga report on Monday (Nov. The increase in itBit volume implies that within four weeks of going live, PayPal is already buying almost 70% of the new supply of bitcoins,” Pantera Capital indicated in the report.

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PayPal Bitcoin Digital Currency Cryptocurrency 87

The Fintech Times

MAY 25, 2024

But how is this approval different to Bitcoin’s in January? On 23 May 2023, the SEC approved a spot Ethereum ETF meaning that, to begin with, certain investment firms could now offer an ETF of the cryptocurrency. The US is the largest market for ETFs in the world, and where the US moves, others usually follow.

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Bitcoin Cryptocurrency On-Demand Risk 71

PYMNTS

AUGUST 27, 2020

Crypto exchange ShapeShift is suing former engineer Azamat Mukhiddinov for allegedly stealing $900,000 in bitcoin via programs he installed on their servers, CoinDesk reported. The blockchain is secure and the use of RESTful application programming interface (API) can help manage things easily. Executives said on Thursday (Aug.

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Bitcoin Blockchain Blocks Cryptocurrency 61

PYMNTS

SEPTEMBER 14, 2020

The United States may have some of the world's best cryptographers working for the National Security Agency and other spy shops, but the Internal Revenue Service (IRS) is crowdsourcing at least part of its effort to beat the algorithms that cloak information about certain cryptocurrencies. 1 have just taken effect.

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IRS Blockchain Cryptocurrency RFP 64

PYMNTS

DECEMBER 11, 2020

London challenger bank Revolut has rolled out four new cryptocurrencies — EOS, OMG Network, Tezos and 0x — for users in the Europe Economic Area (EEA), the company said in a blog post on Thursday (Dec. Revolut first added bitcoin, ether and litecoin in 2017. It aims to improve speed, scalability and flexibility for dApps.

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Cryptocurrency FDIC Blockchain On-Demand 85

PYMNTS

FEBRUARY 3, 2020

The Google Play store is once again offering the mobile game Bitcoin Blast that gives users bitcoin to play with, CoinDesk reported on Friday (Jan. SBI is considered among the most active companies in crypto and blockchain. The defendant was The Bitcoin Voluntary Associations. The New York Supreme Court awarded $13.8

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Bitcoin Blockchain Digital Currency Cryptocurrency 54

PYMNTS

FEBRUARY 4, 2020

BitPay, a leading Bitcoin and cryptocurrency payment service, said that it will soon allow invoices to be paid from any Bitcoin wallet or crypto exchange, according to a report Tuesday (Feb. BitPay’s customers want to support all the Bitcoin wallets, just like they want to support all cryptocurrencies for payments.

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Bitcoin Blockchain Transactions Blocks 52

PYMNTS

JULY 29, 2020

He added that while cryptocurrency is important, the blockchain technology behind it is equally so. “Cryptocurrency for us has always been beyond the asset itself but more on the blockchain technology that underpins it,” he said, according to Bloomberg. Sweden and Thailand , according to recent PYMNTS reports.

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Data Breach Central Bank Breach Cryptocurrency 58

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. Blockchain’s future is here, but we must remain rational,” he said, according to state-run news outlet the People’s Daily.

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Bitcoin Blockchain Digital Currency Cryptocurrency 41

PYMNTS

DECEMBER 21, 2020

Italian police charged the former head of cryptocurrency exchange BitGrail, identified by the initials of “F.F.,” cryptocurrency exchange Exmo reported a “major” security breach on Mon. 16), in the first blockchain-supported bank guarantee in Russia. They allege that F.F. Meanwhile, U.K. 21), according to Cointelegraph.

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Blockchain Bitcoin Money Laundering Cryptocurrency 82

The Fintech Times

APRIL 22, 2024

Technology The decentralised network connected through a network of computers or nodes underlies blockchain technology, synonymous with cryptocurrencies. Blockchain protocols are the guidelines or rulebooks that determine how a blockchain works. Web1 was read-only, Web2 is read-write, and Web3 will be read-write-own.

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Finance Blockchain Cryptocurrency Regulations 130

PYMNTS

OCTOBER 7, 2020

With transactions that become irreversible almost instantaneously, bitcoin and other cryptocurrencies are winning new converts — among scammers eager to avoid credit card chargebacks that can eat into their ill-gotten gains. So, use your credit card to buy cryptocurrency that you give a scammer and you might be stuck.

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Bitcoin Consumer Cryptocurrency Scams 93

PYMNTS

AUGUST 9, 2020

South Korean highways could see blockchain-based toll booths before the end of the year, according to a report from Crypto News. KEB Hana Bank , one of the largest banks in the country, is going to work with the Korea Expressway Corporation on blockchain-based services. They still have to inform NYDFS before using the coin, though.

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Blockchain Bitcoin Stablecoins Scams 89

PYMNTS

JULY 29, 2020

He added that while cryptocurrency is important, the blockchain technology behind it is equally so. “Cryptocurrency for us has always been beyond the asset itself but more on the blockchain technology that underpins it,” he said, according to Bloomberg. Sweden and Thailand , according to recent PYMNTS reports.

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Data Breach Central Bank Breach Cryptocurrency 66