PYMNTS

NOVEMBER 1, 2020

number of big crypto custodians like Anchorage, Coinbase, and a number of others, have been contacted by banks about whether they’d be willing to be like the third-party custody providers for national banks whose customers want to invest in bitcoin,” he said, according to CoinDesk. “Well, what I have heard.a UNICAS is a project of U.K.

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PYMNTS

NOVEMBER 4, 2020

Bit by bit — but more than bitcoin by bitcoin — cryptos are inching into the mainstream, for both consumer and commercial applications. Elsewhere, Square announce last month that it has invested $50 million — approximately 1 percent of its total second-quarter assets — to purchase roughly 4,709 bitcoins. “We

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PYMNTS

JANUARY 20, 2019

Meanwhile, a study by data firm Chainalysis has found that bitcoin as a form of payment doubled in 2018 on darknet market sites. Bitcoin transaction volumes on darknet markets, where people can buy illegal goods, saw an increase over the entire year to reach an average of $2 million daily.

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Chris Skinner

MARCH 6, 2017

The lead runners are bitcoin and Ethereum, and both have serious backing. Whether it’s bitcoin or bityuan or ekrona or ether or monero or any of them, who knows … it could be all. After all, corporates might use Ethereum whilst the general public use bitcoin. However, it’s still early days. ” Yep.

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PYMNTS

NOVEMBER 11, 2016

In this week’s Bitcoin Tracker, bitcoin soars, then settles down and plans for its yearly sale abound. Switzerland gives bitcoin a hand by way of rail ticket machine sales, an Australian startup banks on the aptly named Dash and Zcash fervor fades. The election came and went and, with it, brought some stock market shock.

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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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Chris Skinner

JULY 24, 2017

There are a few exchanges I use for trading cryptocurrencies such as Kraken and Coinbase, so I was interested to receive this email from Coinbase last Friday: Dear Coinbase Customer, We are contacting you to make you aware of recent developments in a number of proposals for technical changes to Bitcoin. Or rather, they won’t be lost.

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Bank Innovation

DECEMBER 7, 2017

cryptocurrency exchange bitFlyer wants to bridge the trading gap between two of the world’s largest bitcoin markets. Japan is the largest bitcoin trading market in the world, about 50% of it happens in there; the U.S. is the second biggest market,” Bartek Ringwelski, chief operating officer […].

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PYMNTS

SEPTEMBER 2, 2019

The People’s Bank of China (PBoC) is looking toward new technologies to keep a closer eye on the nation’s FinTech , blockchain and digital lending markets. Yet onlookers have noted that PBoC has been working diligently toward its own FinTech growth.

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Bank Innovation

SEPTEMBER 15, 2017

The price of bitcoin continues to teeter today, with the cryptocurrency having lost a third of its value in the last week. Bitcoin’s sharp drop comes after rising uncertainty in the Chinese market, with two major Chinese currency exchanges, China BTC and ViaBTC, having announced that they will halt trading by the end of this […].

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PYMNTS

FEBRUARY 24, 2017

Is there an alternative, profound French phrase or two that can describe what investors have seen this week with bitcoin? Bitcoin is quickly headed toward fresh three-year highs after jumping up over $100 in value since last week’s tracker. 23) morning, bitcoin had broken $1,150 in value, reaching a high of $1,153.04.

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PYMNTS

DECEMBER 2, 2018

Bitcoin just had its worst month in seven years, dropping nearly $2,400 in price. percent loss is bitcoin’s worst month on record since August 2011. The real question is: Has the crypto market indeed reached the bottom?” According to Coindesk , the crypto started November at an average price across exchanges of $6,341.

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PYMNTS

AUGUST 13, 2019

Bantotal , a core Latin America banking service provider that works with 60 banks in 14 countries, has partnered with Bitex to perform cross-border payments using bitcoin blockchain, according to reports. I can just send a payment from Argentina to Chile directly [using bitcoin].”.

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PYMNTS

APRIL 5, 2019

People who want to use UnionBank of the Philippines ‘s (UBP’s) new bitcoin ATM will need to have an account with the bank. For now, only bitcoin is being offered. Unlike bitcoin, participating in the network doesn’t require terabytes of storage space. “We We see CODA as way more than just payments.

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PYMNTS

JANUARY 9, 2019

China Mobile IoT Product Market Director Xiao Yi said, according to the outlet, “Our goal is to also attract those who are not in the cryptocurrency or blockchain community, who may have heard of this technology, but not necessarily understand it.”. Zakhar said, according to Reuters, “Some people find it complicated to get bitcoins online.

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PYMNTS

OCTOBER 29, 2019

The Chinese state media advised people to stay levelheaded following a price escalation of bitcoin and blockchain stocks triggered by Chinese President Xi Jinping’s support, Reuters reported on Tuesday (Oct. Yet onlookers have noted that PBoC has been working diligently toward its own FinTech growth.

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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. It got sold off with the rest of the market,” he said, according to MarketWatch.

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PYMNTS

JUNE 15, 2020

The central bank’s panel includes six people with IT and finance expertise, counting lawyers who have a FinTech focus and commercial law professors. The company will give its “legal owner” status to customers who buy its five available digital currencies, which encompass ether, XRP, litecoin, bitcoin and bitcoin cash in July.

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PYMNTS

MAY 7, 2020

That’s Visa Senior Vice President and Global Head of FinTech Terry Angelos reflecting on the impact of the rapid shift to digital for consumers and businesses around the globe who en masse began living many aspects of their personal and business lives in a mostly digital world — literally all at once, overnight. In the U.S.,

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PYMNTS

JANUARY 26, 2021

In other news, European FinTech SIA is partnering with WizKey to create a platform to allow credit negotiations on blockchain for banks, financial operators and funds, according to a press release.

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PYMNTS

AUGUST 13, 2019

Bantotal , a core Latin America banking service provider that works with 60 banks in 14 countries, has partnered with Bitex to perform cross-border payments using bitcoin blockchain, according to reports. I can just send a payment from Argentina to Chile directly [using bitcoin].”.

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PYMNTS

APRIL 26, 2019

According to Ondot Systems CEO Vaduvur Bharghavan in a recent conversation with PYMNTS’ Karen Webster, no matter if Apple wins or loses with the Apple Card , the company will change the conversation about how we pay by spurring existing stakeholders — especially card issuers — to examine how they come to market. Amazon Embraces Bitcoin.

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PYMNTS

MAY 5, 2017

Bitcoin’s value keeps breaking through ceilings again and again. Wednesday night into Thursday morning, trading saw bitcoin fly by another milestone: $1,500. Wednesday night into Thursday morning, trading saw bitcoin fly by another milestone: $1,500. The digital currency’s market cap sat at just over $25.4

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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

DECEMBER 5, 2018

The Swiss Financial Market Supervisory Authority (FINMA) is aiming to boost innovation in cryptocurrency and distributed ledger technology (DLT), by easing some of the existing rules. Another important requirement: an institution with a FinTech license must have its registered office and conduct its business activities in Switzerland.

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PYMNTS

JANUARY 7, 2020

China’s Guangdong province has launched a blockchain financing platform for small and medium-sized businesses, backed by OneConnect , a Chinese FinTech recently listed on the New York Stock Exchange, according to a press release. . ” . ”

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PYMNTS

FEBRUARY 13, 2019

The company noted that it still needs to gain approval from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market, which issued regulations for crypto exchanges last summer. The partnership will enable Bithumb to further expand in the Middle East and North Africa (MENA) region, including Saudi Arabia and Bahrain.

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Payments Source

FEBRUARY 24, 2021

The fintech that gave life to the mobile point of sale market is seeing that business overshadowed by the ever-rising popularity of cryptocurrency.

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PYMNTS

MAY 6, 2020

Irish bitcoin ATM operator Boinnex found itself facing roadblocks from Allied Irish Banks (AIB), which shut down its account and said it didn’t want to deal with an unregulated form like cryptocurrency, according to CoinDesk. And the government established a FinTech Foresight Group to try and embrace up and coming tech.

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PYMNTS

FEBRUARY 3, 2017

Following relatively flat growth through the end of January (by cryptocurrency standards, anyway), bitcoin’s value spiked, breaking $1,000 to reach a high of $1,003.92 At the time of this writing, bitcoin sat tenuously at $1,000.73, up 1.36 bitcoin wallet and vault Xapo to operate in the country. in Thursday afternoon trading.

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PYMNTS

OCTOBER 16, 2018

In the coexisting — and sometimes colliding — worlds of FinTech and traditional financial services, a bit of collaboration often evolves. As reported by Bloomberg , the regulator at the helm of Singapore’s financials has embraced an effort to “bring together” FinTech firms and banks there.

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PYMNTS

MARCH 22, 2019

Much hype and hope surrounds the adoption of cryptocurrencies — bitcoin among them as the marquee name in the space, of course — beyond the Wild West of speculative trading that exists now. Favor has met with disfavor, and bitcoin now trades at $3,990 — a bit above nadirs around $3,400 and well off highs that neared $20,000.

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PYMNTS

DECEMBER 24, 2020

Here are some of cryptos’ key developments for 2020: Bitcoin Goes Higher And Higher. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies. And one of the most notable events of 2020 was the big appreciation in bitcoin’s price, tied as it is (and was) to optimism about cryptos’ future.

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PYMNTS

NOVEMBER 21, 2018

The FinTech firm’s technology will reportedly work with SWIFT’s standardized financial messages, which serve the market in India. In other news, a venture capitalist believes bitcoin may be a survivor like Amazon was in the dot-com crash, CNBC reported. Nobody likes being down like this.

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PYMNTS

NOVEMBER 18, 2020

Collaboration and not competition, Visa’s Senior Vice President, Global Head of FinTech Terry Angelos told Karen Webster in a discussion on the recent advancements and updates to Visa’s Fast Track program , is quite evident — particularly when one observes that a number of Visa’s partners are many that, on paper, might appear to be competitors.

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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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CB Insights

FEBRUARY 23, 2017

Check out even more content at Future of Fintech 2017. Bitcoin and blockchain may be moving beyond buzzword status. Use code “FoFInsights” to get $1000 off your ticket. Funding to the sector has gone from almost no investment in 2012 … Continued.

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