PYMNTS

MARCH 12, 2020

Cointelegraph reported Thursday that just in the last day as much as 25 percent of the cryptocurrency market’s total market cap disappeared as traders fled the space. Proponents of crypto have said that they exist as an alternative to fiat money, as an alternative to central bank policy, and against traditional stores of value.

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PYMNTS

JANUARY 9, 2018

The alternative crypto inspired by a dog meme now has a $2 billion market cap, as noted by Business Insider and other sources. As reported yesterday, Israel’s central bank said that it would not view cryptocurrencies — bitcoin et al — as currency. based in Hong Kong – whose shares were up 900 percent last year.

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PYMNTS

FEBRUARY 24, 2017

Though the cryptocurrency flirted with higher numbers, bitcoin mostly settled just above or below $1,000 for the first half of the month — likely while investors waited to see how the whole Chinese exchange investigation storyline would pan out. The bitcoin market cap was over $18.5 On Thursday (Feb.

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PYMNTS

AUGUST 23, 2018

But, Kenya’s central bank has sounded a note of caution. In a report from the bank, blockchain may hold risk if it is misused. There still is no move to recognize cryptocurrencies, where such offerings “are associated with anonymity and commonly used by criminals.”. percent last year to 2.2 trillion shillings.

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Distributed Ledger Technology (DLT) Blockchain Central Bank Caps 40

PYMNTS

FEBRUARY 6, 2020

5, Federal Reserve Governor Lael Brainard discussed the Fed’s process of evaluating the possibilities, issues and benefits of adopting cryptocurrencies and digital payments. Australia’s Central Bank Calls For Switch From Visa, Mastercard To Cheaper EFTPOS. Speaking at Stanford’s Graduate School of Business on Wednesday, Feb.

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PYMNTS

DECEMBER 4, 2020

UPS Caps Deliveries From Gap, Nike, Other Big Retailers. Regulatory hurdles still exist, but when PayPal announced that its 350 million users can transact with bitcoin and other cryptocurrencies, the game changed. Libra Launch Signals Sparks Between Big Tech, Central Banks On Digital Currencies.

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Visa Online and Mobile Banking Push-to-Card Central Bank 60

PYMNTS

SEPTEMBER 17, 2019

It’s well-known that cryptocurrencies — which of course come in a myriad of flavors, to entice any number of investors (OK, yes, speculators too) to put up their hard-earned fiat — are moving from the Wild West to the ever-watchful eyes of regulators. billion of that market cap. As Monero goes, so might this corner of crypto-land.

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Bitcoin Caps Cryptocurrency Privacy 51

PYMNTS

MAY 12, 2017

Bitcoin’s growing just about as fast as we can write about it — as are a number of other cryptocurrencies, for that matter. The digital currency’s market cap stood at just under $30 billion with some 16.3 Practically every cryptocurrency has seen an uptick in value in the last month. million in circulation.

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PYMNTS

MAY 29, 2020

The nod to speculation caps a period where bitcoin , as volatile as ever, recently traded at roughly $9,300, off a recent low of around $8,700. It may be telling that the banking giant will not provide services for bitcoin transactions, which will be the purview of the exchanges.

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PYMNTS

JULY 24, 2017

Cryptocurrency Ethereum saw recent losses in price reversed pretty dramatically midweek, jumping more than 50 percent almost overnight. Not only did Ethereum’s price surge, but reports also indicate the cryptocurrency has doubled the volume of its main competitor, Bitcoin. The FTC has not yet offered a comment on the matter.

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PYMNTS

JANUARY 20, 2017

Bitcoin’s current estimated market cap is over $14.5 12, the Central Bank of Nigeria (CBN) released a circular to banks and other financial institutions warning against the use of “virtual currencies.”. Sweden’s central bank could come to a decision on the e-krona in the next two years. The culprit?

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CB Insights

NOVEMBER 21, 2017

Cryptocurrencies. As of this writing in mid-November 2017, the total market capitalization of cryptocurrencies hovers around $220B (with a single bitcoin trading for upwards of $8,000). Because of this cap on the number of bitcoins in circulation, which will eventually be reached, bitcoin is inherently resistant to inflation.

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PYMNTS

DECEMBER 31, 2020

For cryptocurrencies, 2020 shaped up to be a banner year. As of this writing, the marquee name in cryptocurrencies, bitcoin, is changing hands at more than $28,100. regulations for bitcoin and other cryptocurrencies are being developed and will debut early in the new year. First things first, as they say. Watch The Competition.

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CB Insights

DECEMBER 4, 2019

However, this may be because the company is limited on how much capital it can lend without raising bank debt, or may be a strategic decision to keep a cap on growth to avoid regulatory pushback. In March 2019, Amazon was reported to be working on a mobile payment system in partnership with Mexico’s central bank.

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Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

PYMNTS

JULY 1, 2016

When bitcoin was first released, a cap was placed on how many bitcoin could ever be produced. 10.5B | Bitcoin’s estimated market cap. A startup in Singapore offering bitcoin exchange and cryptocurrency services just secured another major round of funding. Citi Says Bitcoin Isn’t A Threat To Banking.

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