PYMNTS

NOVEMBER 19, 2020

Securities and Exchange Commission (SEC) Chairman Jay Clayton thinks inefficiencies in traditional payments are boosting favorability for bitcoin, a report from Coindesk says. Clayton, speaking on CNBC, said bitcoin's popularity came from that disappointment in mainstream payments.

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Bitcoin Office of the Comptroller of the Currency Cryptocurrency Stablecoins 105

PYMNTS

DECEMBER 2, 2020

Visa has partnered with BlockFi to launch a credit card that offers bitcoin rewards rather than travel points or cash back, according to an announcement. The BlockFi Bitcoin Rewards Credit Card , which will be available in the spring of 2021, will give 1.5 The card carries a $200 annual fee. “We

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Bitcoin Blocks Blockchain Stablecoins 60

PYMNTS

SEPTEMBER 23, 2020

Origin unveiled a stablecoin for the Ethereum network dubbed the Origin Dollar (OUSD), according to a Medium post. Block by block, second by second, OUSD grows passively for you without requiring you to use other platforms,” the post stated. Tether debuted the concept of a stablecoin denominated in U.S. dollars in 2014.

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Origination Stablecoins Venmo P2P 67

PYMNTS

JULY 9, 2020

Authorities in China have confiscated bitcoin, ether and tether worth more than $15 million and luxury cars from those who allegedly ran a purported cryptocurrency scheme, CoinDesk reported. It will also contemplate a block “to comply with a law, regulation or legal order from a duly recognized U.S. authorized authority, U.S.

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Law Enforcement Stablecoins Laws Addressing 64

PYMNTS

JANUARY 21, 2021

Russia’s Sberbank could roll out its stablecoin as early as this spring after filing with the Bank of Russia to launch a blockchain platform, Cointelegraph reported. In other news, Pornhub added four more cryptocurrencies to the site’s payment options, The Block reported. and Singapore, The Block noted. Meanwhile, Nebraska Sen.

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Stablecoins Bitcoin Cryptocurrency Blockchain 56

PYMNTS

JULY 31, 2019

The Block reported that the comprehensive overview is expected to follow FCA’s draft proposals released at the beginning of the year, which explained that “any token that is not a security token, or an eMoney token is unregulated.” The Financial Conduct Authority (FCA) has issued updated guidance on the U.K.’s s cryptocurrency market.

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Stablecoins Regulations Financial Crimes Crime 75

PYMNTS

OCTOBER 23, 2019

So you [will be able to] buy cryptocurrencies on Binance.com using rubles,” Binance CEO Changpeng Zhao “CZ” said at the Open Innovations conference in Moscow, Russia, according to The Block Crypto. Last week, Binance added euro (EUR) and British pound (GBP) to its API.

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Cryptocurrency Bitcoin Stablecoins Blockchain 40