PYMNTS

NOVEMBER 24, 2020

Bitcoin continued its price climb today (Nov. At 6:31 pm EST, the digital currency still hit high, sitting at $19,083.92, as the coin approaches its record price of $19,783, which it hit in December of 2017. The platform, VC Trade Lending, will support just bitcoin initially, but has plans to add Ether and XRP support.

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PYMNTS

MARCH 3, 2020

The blockchain for the Marshallese sovereign (SOV) digital currency will be developed with Algorand technology, according to an announcement. In other news, more than 7,000 digital currency ATMs now exist throughout the world, Cointelegraph reported. At that time, Robocoin put a machine in a café in Vancouver.

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PYMNTS

MAY 13, 2020

The Bank of Mauritius is progressing toward providing a central bank digital currency (CBDC) per its governor, CoinDesk reported. Seegolam noted that any digital currency would need to be distributed via the current banking system to steer clear of the risk of putting the island’s financial system in an uneven position.

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Digital Currency Bitcoin CBDC Blockchain 61

PYMNTS

JUNE 15, 2020

Korea’s central bank has rolled out a legal advisory group to look at potential challenges to bring a central bank digital currency (CBDC) to fruition, The Korea Times reported. Revolut was in the process of growing its digital currency offering in recent times and came into the American market this spring.

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PYMNTS

FEBRUARY 21, 2020

Sweden’s Riksbank is assessing e-krona, a new form of digital currency that hopes to take the country a step closer to the creation of the world’s first central bank digital currency (CBDC), according to reports on Thursday (Feb.

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Central Bank Digital Currency CBDC Online and Mobile Banking 105

PYMNTS

NOVEMBER 11, 2020

The count of bitcoin ATMs has jumped this year, rising by 85 percent to just under 11,800, CoinDesk reported. And the parliament of Argentina will be presented with new legislation that offers a digital currency framework, Cointelegraph reported.

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Bitcoin ATM Digital Currency NOV 128

PYMNTS

DECEMBER 4, 2019

For China: Digital currency, yes. But not bitcoin. But not bitcoin. The price of bitcoin, that marquee name in cryptocurrencies, has plummeted in the last several weeks, down roughly 20 percent at this writing to a recent $7,400, where the price had been more than $9,400 a month ago. Blockchain?

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PYMNTS

JUNE 2, 2020

The rewards are made with Pluton, the native digital currency of the company. Users can receive additional rewards by staking their digital tokens through the company’s app. In other news, Poolin, a bitcoin mining pool, is growing its financial services and digital currency lending verticals, CoinDesk reported.

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Bitcoin Digital Currency Credit Cards Blockchain 113

PYMNTS

JANUARY 20, 2020

As part of those efforts, the lab is being used to explore “whether there is a role for a digital Australian dollar — that is, an Australian [central bank digital currency (CBDC)] — in the context of the bank’s responsibilities for issuing the currency and overseeing the payments system.”. What It Won’t Do. The Rewards.

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PYMNTS

APRIL 14, 2020

One of China’s state-owned banks has a mobile test app that supports the country’s central bank digital currency, according to a CoinDesk report. Testing the app is a sign the giant lender is working to launch the development and deployment work of rolling out the nation’s digital currency, the report said.

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PYMNTS

OCTOBER 29, 2020

The Bank of Canada is progressing in its plans for a national digital currency, moving past proof of concepts to “executable” plans, according to Reuters. to buy bitcoin, the custodian announced in a blog post. And, cryptocurrency storage platform Casa has added the capability for customers in the U.S.

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Digital Currency Bitcoin Blockchain Central Bank 63

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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PYMNTS

JANUARY 29, 2019

He also deposited 230 bitcoins ($1.8 million) onto another cryptocurrency exchange and tried to withdraw the money through a bitcoin ATM. In other news, bitcoin prices fell again on Monday (Jan. 28) to $3,443, its lowest level since mid-December. It’s a huge disappointment; it neither came in terms of price or calendar.

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Digital Currency Bitcoin AML Cryptocurrency 67

PYMNTS

MAY 22, 2020

The group, which has been releasing detailed central bank digital currencies (CBDC) and cryptocurrency reports as of 2018, is geared toward CBDCs and retail and wholesale payments. . The digital currency would be backed by the yuan, the Korean won, the Japanese yen and the Hong Kong dollar. .

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Digital Currency Cross-Border Settlement Bitcoin Central Bank 56

PYMNTS

OCTOBER 21, 2020

A hacking organization released receipts for $10,000 in charitable contributions to two groups made through bitcoin, the BBC reported. in bitcoin ( valued at approximately $10,515 as of 7:04 P.M. In other news, the price of bitcoin broke through the $12,000 level on Tuesday (Oct. The price of bitcoin was $11,954.07

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Payments Source

FEBRUARY 11, 2020

Traditional ATMs are vanishing in the U.K. and other parts of the world, but there may be a growing market for their crypto counterparts.

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ATM Digital Currency Bitcoin Blockchain 150

PYMNTS

MAY 1, 2020

In many ways, the rise of crypto and digital currencies like Bitcoin aims to address some of these issues, empowering payers and payees with a way of bypassing the “middleman” of the inter-banking system for faster transaction speeds. .” “Those businesses will look to digital currencies.”

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PYMNTS

SEPTEMBER 9, 2020

Blockchain firm Digital Currency Group (DCG) has bought the Luno cryptocurrency exchange, which it will keep running as an independent subsidiary, according to a Wednesday (Sept. based company offers digital asset instruction, investment technology and information for people in Europe, Asia and Africa. 9) announcement.

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Digital Currency Bitcoin Blockchain Cryptocurrency 60

PYMNTS

DECEMBER 29, 2020

A small Spanish city has debuted an “Elio” digital currency to help with transactions, Finance Magnates reported. The digital currency, which is pegged to the euro, will let the City Council of Lebrija provide economic assistance to just under 600 chosen beneficiaries.

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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. Compared to 2017, Pantera calls this rally “much more sustainable,” in part due to an expanded variety of ways to buy bitcoin, like PayPal, Cash App and Robinhood, among others. .

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PYMNTS

APRIL 13, 2020

Traffic on Russia’s digital currency exchanges jumped more than 5.5 Qrator Labs, for its part, connected the rising figures with heightened interest in the currency markets. The organization also noted large growth in denial-of-service attacks (DDoS) events on digital currency exchanges.

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The Paypers

JUNE 18, 2020

An influential group in China has revealed plans for an East Asia digital currency scheme that could see a basket of currencies combined to take on Bitcoin, Facebook's Libra, and even the US dollar.

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Digital Currency Bitcoin 53

PYMNTS

OCTOBER 9, 2020

Beyond bitcoin – that marquee name of crypto and its brethren, which have yet to escape wild price swings and speculative fervor – lies the prospect of CBDCs. In this case, digital currencies – no matter the provenance – should work well enough to be interchangeable with paper bills and metal coins. euros (at least at present).

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The Fintech Times

FEBRUARY 16, 2024

However, in El Salvador , where a bitcoin circular economy is emerging, more than two million underbanked citizens use bitcoin. The same is true for other countries with growing bitcoin economies.

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Fintech Finance

SEPTEMBER 12, 2024

MoonPay is pleased to announce that MoonPay is registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) to provide digital currency exchange services in Australia. This will help MoonPay establish local payment processing relationships across the country and consequently enable Australian payment methods.

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PYMNTS

DECEMBER 7, 2020

Bill Winters, CEO of Standard Chartered , said he sees the adoption of digital currencies on a widespread scale as inevitable, CNBC reported. Winters, speaking at the Singapore FinTech Festival, said there would likely be room for both state-backed digital currencies as well as privately-owned ones, CNBC reported.

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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. Ternio CEO Daniel Gouldman , however, is not one of them. “I Baby Steps

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Fed Bitcoin Digital Currency Cryptocurrency 107

PYMNTS

AUGUST 2, 2019

To let consumers spend the value of their digital currency, instant crypto loan company Nexo is rolling out a cryptocurrency credit card that is Mastercard-branded. The company also said on its website that the card comes with multiple repayment options, payments in local currencies, and no monthly/annual fees, among other features.

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Digital Currency Credit Cards Cryptocurrency Visa 70

Payments Source

MAY 25, 2017

Messaging app Kik Interactive is the latest and potentially most well-established company to delve into a quirky new form of fundraising -- creating its own digital currency.

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Digital Currency Bitcoin Digital Payments Payments 60

PYMNTS

JUNE 18, 2019

Russia’s central bank might one day launch its own digital currency. She added that the digital currency must ensure “reliability and continuity,” as “technologies must be mature, including technologies of distributed registries,” according to CoinDesk. Are we ready, as a society, to refuse cash?” she asked.

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Digital Currency Central Bank Bitcoin Cryptocurrency 53

PYMNTS

MAY 22, 2020

The group, which has been releasing detailed central bank digital currencies (CBDC) and cryptocurrency reports as of 2018, is geared toward CBDCs and retail and wholesale payments. . The digital currency would be backed by the yuan, the Korean won, the Japanese yen and the Hong Kong dollar. .

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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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Fintech Review

APRIL 9, 2024

But now, there’s something new to consider: cryptocurrencies like Bitcoin. These digital currencies are becoming a popular choice for investors looking to add something different to their portfolios. The post Portfolio Diversification: The Case for Including Bitcoin and Cryptocurrencies appeared first on Fintech Review.

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Cryptocurrency Bitcoin Returns Risk 52

PYMNTS

JANUARY 25, 2019

Might that familiarity help with the push to bring digital currency deeper into the mainstream? The launch of that service brings the relatively unfamiliar world of digital currency into the well-known world of the U.S. Consumers must have Coinme online accounts to claim their bitcoin. supermarket. Coinstar Reach.

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Fintech Review

APRIL 9, 2024

But now, there’s something new to consider: cryptocurrencies like Bitcoin. These digital currencies are becoming a popular choice for investors looking to add something different to their portfolios.

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Cryptocurrency Bitcoin Returns Risk 52

PYMNTS

OCTOBER 18, 2019

In hopes of profiting from the lack of large, regulated institutions in the chaotic digital asset space, Fidelity is bolstering its digital currency custody business. Abigail Johnson, the investment group’s chief executive, sees the company’s digital currency custody business as a large selling point.

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Digital Currency Bitcoin Cryptocurrency Regulations 40

PYMNTS

NOVEMBER 12, 2020

Crypto payment services provider BitPay has unveiled a new mass payout offering, BitPay Send, which lets entities of different sizes make payments to workers, clients, affiliates, suppliers, contractors and others with digital currency, according to a Thursday (Nov. Bitcoin last exceeded the $16,000 price point on Jan.

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