PYMNTS

OCTOBER 31, 2017

The country’s state bank ruled that all cryptocurrency, not just Bitcoin, was an invalid form of payment. The financial authority released a statement last week declaring cryptocurrency an illegal, non-cash payment method. According to a statement from Martowardojo, users of cryptocurrency “would be dealt with.”

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PYMNTS

AUGUST 8, 2018

Coverage includes New York lawmakers seeking to put a cap on ridesharing services, states working to embrace blockchain , Hawaii saving money by converting some functions to digital, new data from the Federal Reserve and Starbucks clearing up the confusion over cryptocurrency.

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PYMNTS

MARCH 13, 2018

In the developed world of workers in the United States and Europe, the ability to be paid in cryptocurrency probably would not add all that much to their daily life. Bitwage, as a platform, specializes in paying workers in cryptocurrency – originally bitcoin , but eventually Ethereum as well. A Natural Evolution.

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PYMNTS

NOVEMBER 15, 2018

The market capitalization of bitcoin, the leading cryptocurrency, declined to under $100 billion for the first time since October of 2017 amid a steep sell-off in digital tokens Wednesday (November 14). According to a report in CNBC citing Coinmarketcap.com, the market cap of bitcoin was at $98,194,458,586 overnight.

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PYMNTS

OCTOBER 31, 2017

The value of the digital currency has hit new highs after exceeding the $5,000 and $6,000 price points for the first times earlier this month. In total, Bitcoin is worth more than $100 billion, Bloomberg reported, meaning more than half of cryptocurrency is comprised of Bitcoin. As of today (Oct.

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PYMNTS

DECEMBER 16, 2016

The total market cap of all outstanding bitcoin right now is over $12.5 It’ll be interesting to see what happens when that market cap doubles again next year.”. For the future of bitcoin, Sharp is in agreement with many that we’ve only just begun to see what digital currency has to offer the world.

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PYMNTS

SEPTEMBER 15, 2017

Diehards, however, are still crying “ hodl ” — the cryptocurrency community’s rallying cry, inspired by an enthusiastic misspelling of “hold” in a 2013 Reddit thread. Hodlers resist the temptation to sell off their digital assets just because the price is high and may potentially be in a bubble. percent this week. This week, U.K.’s

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PYMNTS

DECEMBER 4, 2018

KuCoin , a digital currency exchange based in Singapore, has rolled out support for the trading of the Ripple XRP cryptocurrency, Cryptovest reported. The exchange will reportedly open withdrawals for the digital currency on Wednesday (Dec.

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PYMNTS

NOVEMBER 15, 2018

At the same time that bitcoin’s market cap was falling, rival digital currencies Ripple XRP and Ether were battling it out for the second-place spot in terms of digital currencies. Berkshire has around 9 percent stakes in Bank of America and Wells Fargo, and is the top investor in both companies.

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PYMNTS

JANUARY 30, 2019

News comes that a number of high-powered bastions of higher learning have banded together to bring cryptocurrencies to the mainstream, in a way that bitcoin seemingly cannot, eyeing scale and processing speed. — might academics succeed where entrepreneurs have not, at least so far?

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PYMNTS

JANUARY 31, 2018

In one of the bigger back-and-forth stories in digital currency, South Korea has announced that it is definitely for real this time sure that it does not plan to ban crypto-currency exchanges. Illegal foreign currency trading of 472.3 billion was the main line of the cryptocurrency crimes, according to customs services.

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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

MAY 14, 2019

A 60 percent surge in a month – for anything, really, be it stock or bond or digital currency – is nothing to sneeze at, but it could be something to see with wonder. Bitcoin, that marquee name in cryptocurrency, has seen its price swell by roughly that 60 percent number through the last few weeks, to about $8,000.

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PYMNTS

DECEMBER 18, 2018

One year after bitcoin topped $19,400, the popular cryptocurrency rallied on Monday (December 17) and broke through the $3,400 level, CNBC reported. Still, the outlet noted that the digital currency plummeted by over 80 percent since that time. That effort would tokenize the rial, the country’s national fiat currency.

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PYMNTS

MARCH 3, 2017

Bitcoin’s market cap is currently well over $20 billion as value rose well over $200 in the past two weeks. The big news this week in cryptocurrency is, of course, bitcoin hitting new record highs amid the possibility that the Securities and Exchange Commission (SEC) could approve a bitcoin exchange–traded fund. This is not a drill.

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Fintech News

JANUARY 21, 2025

Transforming Payments with CBDCs Singapores proactive exploration of Central Bank Digital Currencies (CBDCs) underscores its commitment to financial innovation and inclusion. The Monetary Authority of Singapore (MAS) is leading initiatives to promote the safe and innovative use of digital currencies, setting a global benchmark.

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PYMNTS

MARCH 31, 2017

While the debate stems from differing ideologies on block size , the controversy calls into question the ability of a digital currency without a central authority to update and innovate itself in any meaningful way. The estimated market cap is at just over $16.6 At the time of writing, one bitcoin was worth $1,023.68, down 1.61

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PYMNTS

DECEMBER 12, 2017

12) that bitcoin has entered the “mania” phase, with some people taking out mortgages just to purchase the cryptocurrency. Borg acknowledged that cryptocurrency is here to stay, as is blockchain — the technology that underpins it. Joseph Borg, president of the North American Securities Administrators Association warned on Tuesday (Dec.

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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.

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PYMNTS

DECEMBER 11, 2018

The Wall Street Journal reports that cryptocurrency firms are laying off employees, a survival tactic in a world where crypto prices have crashed in some instances by more than 85 percent. This time around, the past year has decimated the market cap of cryptos to $111 billion, down from a recent $827 billion peak. The anecdotes abound.

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PYMNTS

JUNE 1, 2018

Would love to see a digital currency thrive,” in a tweet last year. Square’s founder and chief executive, Jack Dorsey, helped to enable merchants to accept bitcoin as a payment method back in 2014. He also famously said, “Bitcoin: we tried this with our eCommerce store years back. Didn’t see much.

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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. The last halving event was on Nov.

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PYMNTS

MARCH 17, 2017

The prospect of a bitcoin ETF had investors betting big on digital currency, with many seeing SEC approval as a major milestone on the journey toward bitcoin legitimacy. Jerry Brito , executive director of cryptocurrency advocacy group Coin Center, notably queried, “How do we develop well-capitalized and regulated markets in the U.S.

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PYMNTS

MARCH 4, 2020

Facebook is reportedly considering changing the structure of its proposed Libra cryptocurrency, transitioning it from being a single worldwide digital currency for the unbanked into a payments network that can include a variety of coins issued by other currencies and countries.

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PYMNTS

JUNE 27, 2019

The famous cryptocurrency was riding a wave of interest after Facebook announced a digital coin of its own called Libra. bonds due to softening worldwide economic growth, and they are turning more and more to digital currencies, which is also fueling growth. . Square brought in about $65.5

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PYMNTS

MAY 7, 2018

Bitcoin may be the marquee name in cryptocurrencies, but regulation may loom for its digital dollar brethren. In this case, The Wall Street Journal reported, the interest is tied to whether the creators of cryptocurrencies beyond bitcoin can have an impact on the value of those very offerings. Outside the U.S.

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PYMNTS

JANUARY 20, 2017

The price of the popular digital currency spent the week climbing back up after fears that China could crack down on its domestic exchanges caused its value to slump. Bitcoin’s current estimated market cap is over $14.5 The CBN advises banks to not transact, hold, trade or use digital currency.

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PYMNTS

MARCH 10, 2017

Yet trading on Tuesday morning saw a sharp drop in the value of everyone’s favorite digital currency, from around $1,280 on Monday evening down to just over $1,207 by mid-morning Tuesday. percent from Wednesday’s close and trending upward with a market cap over $19.2 At the time of writing, bitcoin was worth $1,189.46, up 3.39

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PYMNTS

MARCH 24, 2017

While last week the popular cryptocurrency had recovered from a 17 percent loss in the first hour post-SEC rejection, trading into Friday (March 17) saw bitcoin heading downward once more. The popular cryptocurrency’s estimated market cap sat at just above $16.9 At the time of writing, one bitcoin was worth $1,039.93, up 0.24

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PYMNTS

APRIL 28, 2017

On Friday morning, Bitcoin’s market cap was up over $21.3 Jerry Brito , executive director of cryptocurrency advocacy group Coin Center, notably queried, “How do we develop well-capitalized and regulated markets in the U.S. At the time of writing, bitcoin was valued at $1,313.03 — down for the day, but well up for the week.

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PYMNTS

APRIL 7, 2017

While the world’s most popular cryptocurrency recently suffered some defeats in the U.S. Bitcoin’s market cap sat at just over $19.1 As with other bitcoin payment processors, the POS system developed by bitFlyer will allow the store to accept the digital currency and immediately convert funds to yen.

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PYMNTS

FEBRUARY 2, 2018

Investors are fleeing the volatile crypto sphere, as regulatory initiatives are taking shape around the globe that would put greater scrutiny on digital currencies, how and where they are trading, and might even lead to pockets of total restriction, depending on what country’s involved.

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PYMNTS

MAY 13, 2016

Of course, when the former commissioner, Bart Chilton, says bitcoin, he’s talking blockchain and all digital currencies. So, why digital currencies? Current CFTC Commissioner Chris Giancarlo recently (and rightly) called for such protection for digital currency. Fair point. His comparison?

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The Fintech Times

OCTOBER 7, 2024

Through this move, it aims to offer a hedge against the volatility traditionally associated with digital currencies. “This product underscores our focus on offering our wealth management clients innovative and secure avenues to diversify their portfolios in an evolving investment landscape.

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PYMNTS

AUGUST 15, 2018

Before the Macbeth purists rankle, we’re talking about cryptocurrencies — where drama is underway, so a bit of poetic license is alright. Bitcoin: the marquee name, the shorthand for the cryptocurrency space, the 800-pound gorilla in a barrel full of monkeys (and there’s little fun to be had in this barrel right now).

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CB Insights

DECEMBER 17, 2017

We’ll provide the definitions and analogies you need to know for bitcoin, blockchain, cryptocurrencies, and more. There’s no way around the middleman in this scenario, even using a cryptocurrency like bitcoin. Cryptokitties uses the Ethereum blockchain to create unique, digital assets. What is blockchain technology?

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PYMNTS

DECEMBER 14, 2017

Finally, Mercedes-Benz busted Amazon for selling three sets of counterfeit branded wheel caps, which were listed on the platform and marked as “ships from and sold by Amazon.com.” Spiking interest in cryptocurrency drove the fake app to the number-three spot in the finance app category before it was removed.

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