Fintech News

DECEMBER 13, 2024

It is particularly important in countries with a history of currency crises, where stablecoins can offer a tool for greater economic stability and resilience. These initiatives also seem to complement ongoing efforts to develop Central Bank Digital Currencies (CBDCs), as both digital assets aim to modernise traditional financial systems.

Stablecoins 107

Stablecoins Cross-Border Cross-Border Payments Caps 107

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.

Bitcoin 53

Bitcoin Caps Digital Currency Cryptocurrency 53

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.

Bitcoin 83

Bitcoin ATM Caps Digital Currency 83

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.

Blockchain 59

Blockchain Bitcoin Digital Currency Interoperability 59

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. As of today (Oct. 31), every Bitcoin will be worth approximately$6,125, according to reports from Bloomberg.

Bitcoin 43

Bitcoin Caps Cryptocurrency Digital Currency 43

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

Bitcoin 65

Bitcoin Digital Currency Blocks Volume 65

PYMNTS

SEPTEMBER 6, 2018

By way of illustration, the company gave a scenario: “Two financial institutions transacting together agree to use a stable coin, central bank digital currency or other digital assets as the bridge asset between any two fiat currencies.

SWIFT 40

SWIFT Payment Initiation Caps Cross-Border Payments 40

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.

Stablecoins 107

Stablecoins FinTech Embedded Finance Financial Inclusion 107

PYMNTS

JUNE 20, 2016

The hacking of an experimental virtual currency project called the Decentralized Autonomous Organization (DAO) has sent a chill into the digital currency ecosystem. More specifically, Ether, a bitcoin-like digital currency alternative. 933,194 | Ethereum’s rough market cap as of June 20.

Digital Currency 40

Digital Currency Caps Bitcoin Blockchain 40

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.

Bitcoin 40

Bitcoin Caps Volume Digital Currency 40

PYMNTS

JANUARY 30, 2019

The researchers being funded by DTR have created a digital currency known as Unit-e, which uses decentralized ledger technology, and should be able to scale at rates leagues above what has been thus far. The effort is being funded by Distributed Technologies Research (DTR), which is a nonprofit foundation based in Switzerland.

Blockchain 67

Blockchain Digital Currency Bitcoin Cryptocurrency 67

PYMNTS

MAY 5, 2017

It seems blowing past $1,400 at the start of this week wasn’t enough for the digital currency. The digital currency’s market cap sat at just over $25.4 The digital currency’s market cap sat at just over $25.4 By no means does a digital currency require decentralization.

Bitcoin 47

Bitcoin Digital Currency Central Bank Payment Gateways 47

PYMNTS

JANUARY 12, 2017

11) its digital currency, dubbed XRP, will begin trading on Bitstamp, the Europe-based bitcoin exchange. Ripple said the XRP/euro and XRP/dollar currency pairs will be available to trade to all customers and regions that are supported by Bitstamp. It chose XRP because customer demand for the digital currency was strong.

Digital Currency 40

Digital Currency Cross-Border Payments Bitcoin Cross-Border 40

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. That news comes care of the government’s finance minister and came as welcome news for crypto investors nationwide.

Digital Currency 48

Digital Currency Bitcoin Cryptocurrency Money Laundering 48

PYMNTS

SEPTEMBER 15, 2017

The way this works is that a company creates its own digital currency that can be spent within its ecosystem. Still, digital currency proponents didn’t see the ICO ban as a bad thing. Even they are exercising caution, however, capping bitcoin payments at $261 USD (at least for now).

Bitcoin 70

Bitcoin Cryptocurrency Digital Currency Blockchain 70

PYMNTS

DECEMBER 18, 2018

Still, the outlet noted that the digital currency plummeted by over 80 percent since that time. The news comes a few months after the official reportedly said the government was creating the foundation for a national digital currency. That effort would tokenize the rial, the country’s national fiat currency.

Bitcoin 51

Bitcoin Blockchain Digital Currency Cryptocurrency 51

PYMNTS

JANUARY 23, 2017

While still volatile, and trying to shake the seedier side of its reputation, digital currency bitcoin has come a long way in a few short years. 20), Grayscale Investments LLC — a unit of tech entrepreneur Barry Silbert’s Digital Currency Group Inc. Bitcoin’s current estimated market cap is over $14.5

Bitcoin 41

Bitcoin Digital Currency Caps Continuity 41

PYMNTS

NOVEMBER 10, 2020

To get a sense of just how hard it is for cryptocurrencies to gain, well, currency in everyday life, consider bitcoin, perhaps the granddaddy of cryptocurrencies — and still the 900-pound gorilla in the space, with roughly two-thirds of the market cap across the entire sector. Back in May, i2c Inc.

Cryptocurrency 129

Cryptocurrency Blockchain Bitcoin Online and Mobile Banking 129

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. The recent market cap at $250 billion has not been seen since August of 2018. Fundamentals? Or merely a blip? Or to make one wonder why.

Bitcoin 64

Bitcoin Cryptocurrency Digital Currency Blockchain 64

PYMNTS

NOVEMBER 13, 2017

A missed software upgrade, uncertainty over the launch of bitcoin futures and concerns about an asset bubble were all weights against the digital currency’s price — which fell to below $6,000 over the weekend. A plan to split the digital currency had been expected last week but was suspended.

Bitcoin 47

Bitcoin Digital Currency Caps Transactions 47

PYMNTS

JANUARY 10, 2017

Last week, China’s central bank, the People’s Bank of China (PBOC), had advised investors to be cautious when investing in digital currency. Current regulations limit foreign exchange to an annual maximum of $50,000, but some believe that people are using bitcoin and other digital currencies to circumvent the exchange cap.

Bitcoin 41

Bitcoin Digital Currency Central Bank Caps 41

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.

Bitcoin 41

Bitcoin IRS Digital Currency Central Bank 41

PYMNTS

FEBRUARY 24, 2017

The bitcoin market cap was over $18.5 Last month, the central bank and government of the United Arab Emirates had drawn up regulatory frameworks for FinTech and digital payments at large. On Thursday (Feb. 23) morning, bitcoin had broken $1,150 in value, reaching a high of $1,153.04. percent over Wednesday’s close.

Bitcoin 77

Bitcoin Money Laundering ATM Cryptocurrency 77

PYMNTS

MAY 12, 2017

The digital currency’s market cap stood at just under $30 billion with some 16.3 The total crypto-market cap has grown from $27.8 Whether or not all of this rapid growth represents a digital bubble looking to burst is an open question among analysts. million in circulation. billion to over $53.8

Bitcoin 45

Bitcoin Caps Digital Currency Money Laundering 45

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 prospect of a bitcoin ETF has investors betting big on digital currency; SEC approval could be a major milestone in the journey toward bitcoin legitimacy. “If This is not a drill. percent from Wednesday’s “close.”

Bitcoin 57

Bitcoin Digital Currency Cryptocurrency Crime 57

PYMNTS

MAY 10, 2016

Zug, a northern Switzerland town, has announced it is accepting bitcoin payments for specific services as it tests the digital currency on a trial run to determine if its residents care to pay that way. It will, however, place a cap on bitcoin payments at 200 francs (around $206) and can be used for public utility payments.

Bitcoin 41

Bitcoin Caps Digital Currency Blockchain 41

PYMNTS

OCTOBER 31, 2017

The government of Vietnam will not allow payments to be made in cryptocurrency, and issuing, exchanging or using digital currency is now against the law, according to the news article. These changes are likely a result of the ban orders. Despite bans in various countries, the price of Bitcoin reached $6,300 today (Oct.

Cryptocurrency 40

Cryptocurrency Bitcoin Digital Currency Non-Bank 40

PYMNTS

JUNE 17, 2016

But Canada isn’t the only one this week eyeing an alternative digital currency. Tokyo Wants A Piece Of The Digital Currency Pie, Too. The bank is reviewing its own digital currency option that uses the same underlining technology. Bitcoin hasn’t been priced this high since Feb.

Bitcoin 43

Bitcoin Digital Currency Central Bank Blockchain 43

PYMNTS

AUGUST 24, 2017

In a sense, digital currencies began via online payments, which have then shifted into the creation of cryptocurrency like bitcoin, Ethereum and dogecoin. One thing about cryptocurrency that may be certain for now is its inability to become the de facto currency around the world (at least for now).

Cryptocurrency 46

Cryptocurrency Bitcoin Digital Currency On-Demand 46

PYMNTS

APRIL 21, 2017

The estimated market cap of bitcoin was pegged at just over $20.4 For Bitfinex, domestic transfers and both incoming and outgoing as well as digital currency transfers have not been affected by disruption issues. on digital currency exchange GDAX and $1,230.63 percent from Wednesday’s (April 19) close.

Wire Transfer 51

Wire Transfer Wires Wire Bitcoin 51

PYMNTS

DECEMBER 11, 2018

The WSJ noted that Steemit, which offers a blockchain -based social network, has laid off 70 percent of its staff and has pointed to the selloff in digital currencies as a culprit. 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.

Blockchain 61

Blockchain Caps Digital Currency Cryptocurrency 61

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. and Europe if financial innovators aren’t allowed to bring products to market that grow domestic demand for digital currencies like bitcoin?”.

Bitcoin 49

Bitcoin Digital Currency Rules Regulations 49

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.

Bitcoin 47

Bitcoin Caps NOV Digital Currency 47

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. The latest conversation among Japan’s Liberal Democratic party surrounds plans for bitcoin and other digital currencies to be treated equally to any other currency.

Risk 47

Risk Bitcoin Digital Currency Caps 47

Fintech Review

SEPTEMBER 17, 2024

Issued through Circle’s regulated entities, USDC is the largest regulated dollar-backed stablecoin in the industry with over a $35 billion market cap, as of September 17, 2024.

Stablecoins 52

Stablecoins Blockchain Interoperability Caps 52

PYMNTS

DECEMBER 21, 2020

Flexibility, he said, comes in the form of digital currency — easily transferable and usable across any number of spending categories, moving from travel, for example, to groceries. In response, KeyBank created a product that offered 2 percent cash back on all purchases with no caps or thresholds.

Online and Mobile Banking 118

Online and Mobile Banking Point-of-Sale (POS) Consumer On-Demand 118

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.

Acquirers 52

Acquirers API Payments Caps 52