Perficient

JUNE 30, 2022

Members of Perficient’s Digital Asset Team have advised followers in multiple online articles about the digital asset revolution and relevant regulations affecting the same in the United States. Highlights From Federal Bank Regulators’ Joint Statement on Cryptocurrency Assets – Perficient Blogs. Crypto Conference.

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PYMNTS

AUGUST 27, 2020

Crypto exchange ShapeShift is suing former engineer Azamat Mukhiddinov for allegedly stealing $900,000 in bitcoin via programs he installed on their servers, CoinDesk reported. On another note, Roskomnadzor, Russia's telecom regulator, blocked Russia's top crypto exchange aggregator, BestChange.ru, on Wednesday (Aug.

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PYMNTS

JANUARY 10, 2020

Deribit , a popular global cryptocurrency options exchange, is moving to Panama in February to sidestep the Netherlands’ upcoming regulation changes on the industry, according to Bloomberg. The investment was done because of Securrency’s focused bitcoin tech use.

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PYMNTS

NOVEMBER 26, 2019

Compliance with market standards and regulations allows us to provide our clients with legal security and convenience of using the exchange, with the participation of a friendly banking system and the availability of payment operators,” BitBay said. Bitcoin is the perfect gift for family and friends this holiday season.

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PYMNTS

MARCH 22, 2019

Intercontinental Exchange ( ICE )’s plans to launch bitcoin futures in November of last year have been delayed because of regulators. According to the paper, what’s holding up approval is a disagreement about how Bakkt (the name for the bitcoin futures) should be regulated. Back then it was trading near $20,000.

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PYMNTS

JANUARY 27, 2020

30), it will serve as detailed regulation for cryptocurrency firms — for activities ranging from digital payments to the trading of coins like bitcoin and ether. Last year, about 40 percent of bitcoin exchanges stemmed from that area, according to data from Chainalysis.

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PYMNTS

MARCH 17, 2017

It has been another wild ride of a week for bitcoin in the wake of the SEC ruling. At the tail end of last week, the Securities and Exchange Commission ruled the proposed Winklevoss bitcoin ETF a no-go by nixing a proposed rule change that would have led to the fund being listed on the Bats BZX Exchange. The reason? billion.

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PYMNTS

APRIL 28, 2017

In the last few weeks, three separate bitcoin exchanges have reported a halt on processing transactions in dollars — the result of global banks pulling out of high-risk areas. Global banks have long been wary of even indirect interactions with bitcoin exchanges — particularly in the case they could be held liable if something goes wrong.

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PYMNTS

JANUARY 25, 2018

regulators say that a Nevada company and two involved individuals allegedly defrauded more than $6 million from customers seeking to buy a virtual currency called My Big Coin, Reuters reported. Should 50 Cent change his name to … 50 bitcoin? His bitcoin holdings are now worth more than $7.5 million, according to NPR.

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PYMNTS

DECEMBER 1, 2017

And enough IQ points, wealth and wealth of experience to give even the most cheerful of bitcoin boosters pause. About the mechanics: Turns out the bitcoin machine is anything but a smooth one — perhaps more Rube Goldberg than anything else. And bitcoin has this anti-government, anti-regulation feel. Food for thought.

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PYMNTS

DECEMBER 14, 2018

Trading for bitcoin and Ether will be enabled on the platform at first, with support for other tokens introduced after its initial coin offering (ICO) platform goes live. California-based hedge fund Pantera Capital has revealed that it might have to issue refunds to its backers after the U.S.

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PYMNTS

OCTOBER 14, 2018

Bitcoin was hit with an $18 billion market loss in just three days. Other cryptocurrencies had an even worse week: Ether, the second-largest cryptocurrency by market capitalization, dropped 12 percent, while the third largest, XRP, is down 18 percent in seven days. and Canadian securities regulators.

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PYMNTS

APRIL 7, 2017

A beacon of hope has emerged for bitcoin just in time for spring — and it’s brought up prices with it. In a major move toward bitcoin legitimacy, Japan recognized bitcoin as a legal payment method on April 1. At the time of writing, one bitcoin was worth $1,176.70, up $42.82 And no, it wasn’t an April Fool’s joke.).

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PYMNTS

SEPTEMBER 30, 2018

In other news, billionaire Li Xiaolai, the founder of Beijing-based venture capital firm BitFund , announced that he is giving up on the blockchain and initial coin offering (ICO) space. From this day on, Li Xiaolai personally will not invest in any projects (whether it is blockchain or early stage). million.

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PYMNTS

JANUARY 27, 2020

The list includes former board member of the Bitcoin Foundation and a partner of Ribbit Capital, Micky Malka. Finally, court documents show that some big-name investors have participated in Telegram’s token sale, according to a report by Coindesk.

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PYMNTS

JUNE 18, 2018

Square , the payments company founded by Jack Dorsey, has received a license to enable residents in New York state to buy and sell bitcoin via its Cash App. DFS is pleased to approve Square’s application and welcomes them to New York’s expanding and well-regulated virtual currency market,” said Superintendent Vullo. Didn’t see much.

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PYMNTS

MAY 28, 2020

Bitcoin transaction fees are simmering back down to ordinary levels after a heavy wave of them in early May, reports suggest. The Ministry of Economy and Finance issued a simple statement that it would be “considering capital gains tax or other income tax on profits made by domestic and foreign investors in the transfer of virtual assets.”.

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PYMNTS

OCTOBER 8, 2018

And Seoul Mayor Park Won-soon unveiled a $108-million plan to make the capital into a blockchain-enabled smart city, Coindesk reported. In other news, regulators in the European Union are looking at initial coin offerings (ICOs) to determine if they need to be regulated, Reuters reported. telephone number management.”

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PYMNTS

JANUARY 26, 2018

Bitcoin breeched a key psychological barrier on news that the South Korean government would tax income earned by virtual currency exchanges to the tune of 24.2 Thus, bitcoin traded below $10,000, and cryptos traded down in sympathy. And lest you think changes in tax policy sow confusion only in the United States, think again.

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PYMNTS

JANUARY 7, 2020

Investors in the venture include TTV Capital, Dragonfly Capital Partners, Collaborative Fund, Winklevoss Capital, Valar Ventures, Global Founders Capital, Table Management, Album VC and more. . TaxBit was founded by software developers, tax attorneys and CPAs to automate and simplify tax compliance for crypto users.

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Chris Skinner

MAY 24, 2017

The post Things worth reading: 25th May 2017 appeared first on Chris Skinner's blog.

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TheGuardian

JUNE 10, 2021

Growth of crypto-assets threatens financial stability and could increase risks faced by banks, they warn Global regulators have said cryptocurrencies such as bitcoin should come with the toughest bank capital rules to avoid putting the wider financial system at risk should their value collapse suddenly. Continue reading.

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PYMNTS

FEBRUARY 10, 2020

Businesses managing cryptocurrencies have had a tough time maintaining relationships with legacy banks because of the perception that bitcoin-type transactions are connected to criminal behavior. regulators, including the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA).

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PYMNTS

APRIL 18, 2018

And the price of bitcoin plummeted by greater than 2 percent within minutes on Tuesday (April 17), Business Insider reported. Overall, bitcoin has dropped 41 percent since the beginning of 2018. And Ripple is calling for more cryptocurrency regulation, Business Insider reported.

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PYMNTS

MAY 13, 2016

Promoting bitcoin. Which is why Obama and his team probably aren’t enthusiastic about an op-ed for CNBC from a former Commodity Futures Trading Commission (CFTC) commissioner suggesting that the White House should “heed the call” on bitcoin. One thing that’s probably not higher on that rapidly growing list?

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PYMNTS

MARCH 31, 2017

This past week proved once again that it’s tough to be a bitcoin fan. In another blow to bitcoin legitimacy, the U.S. Securities and Exchange Commission (SEC) has denied the second bitcoin-based ETF bid up for consideration in the month of March — the Intercontinental Exchange, Inc.’s Well, as long-term as bitcoin value can be.

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PYMNTS

NOVEMBER 5, 2018

At this writing, bitcoin trades were at $6,352. So too, for that matter, has the crypto space at large, where hundreds of billions of dollars in market capitalization have been lopped off by investors, as evidenced by nadirs seen over the summer. Bitcoin stands out for the month with “only” a 4.5

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PYMNTS

NOVEMBER 4, 2016

It’s been a varied week for bitcoin. First, some positive news: Bitcoin’s upward pricing trend continues, more or less. It opened this morning with a value of $742 and peaked at $744 (about as close as bitcoin has come to its year high since it hit $768 back in June). The reputation of bitcoin precedes it.

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PYMNTS

JANUARY 17, 2017

Bitcoin has far more traders these days — particularly in China — than it has true believers. It’s the golden age to be in the bitcoin market, because it’s imperfect,” said Zhou Shuoji , a former IBM technology consultant whose firm, Fintech Blockchain Group, runs a bitcoin hedge fund and venture capital fund.

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PYMNTS

FEBRUARY 26, 2019

Currently, the digital token is being tested inside the bank with corporate clients, unlike bitcoin , which is open source and can be accessed by anyone. Dimon called bitcoin a “ fraud ” during the apex of the crypto boom. The bank said it supported crypto as long as it was properly regulated. “We

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PYMNTS

JANUARY 6, 2019

In recent months Adam White left to become the COO of Bakkt; Hunter Merghart resigned after just six months on the job; Mike Lempres moved to venture capital firm Andreessen Horowitz; and Rees Atlas went to marketing communications startup Twilio. In addition, Latvia’s financial regulator imposed a 1.2 and European markets. “Up

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PYMNTS

DECEMBER 13, 2017

The company provides businesses with a way to use digital currencies without running afoul of regulations. 17,428.42 | Value of a single bitcoin at the end of trading on Tuesday (Dec. Just two days after the first bitcoin futures launched on the U.S. Bitcoin’s record highs represent a 20-fold increase in value for the year.

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PYMNTS

SEPTEMBER 28, 2017

When it comes to Bitcoin and other digital currencies, Morgan Stanley chief executive officer James Gorman sees potential, something with which his counterpart at JPMorgan does not agree. If banks behave badly, the government says, ‘Raise more capital.’ Speaking during a Wall Street Journal event on Wednesday (Sept.

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PYMNTS

DECEMBER 23, 2018

In addition, he will work with investors, clients and regulators on the company’s Security Token Offering, advisory services business and its partnership with BOX Digital Markets to launch the first SEC-regulated exchange for trading security tokens.

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PYMNTS

JANUARY 17, 2018

Bitcoin saw its price drop by as much as 25 percent. Bitcoin losses, however, were probably felt a bit more acutely — by close of business in New York, bitcoin was trading for $10,370, a 48 percent fall-off from the peak price of $19,783 that it hit in mid-December 2017. The fall was brought on by a variety of factors.

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PYMNTS

JANUARY 11, 2017

Bitcoin’s value dropped farther today (Jan. It turns out bitcoin investors were right to be suspicious last week. Current regulations limit foreign exchange to $50,000 each year, but some believe that people are using bitcoin and other digital currencies to circumvent this maximum.

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PYMNTS

APRIL 10, 2017

Wells Fargo found yet more fraud problems in its organization; Amazon announced some hi-tech staffing expansions and bitcoin finally found a government with the will to recognize it as a currency. Japan Gives Bitcoin a Big Thumbs Up. at the hands of the SEC, bitcoin world was looking for some good news. Ready to make the leap?

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