PYMNTS

SEPTEMBER 15, 2017

Bitcoin has been riding a bit of a rollercoaster in the past few weeks since hitting an all-time high of more than $4,800 per digital coin on Aug. To continue the rollercoaster analogy, the cryptocurrency’s value has been on a steep climb all year, and it stands to reason that bitcoin’s skyrocketing value must eventually slow and reverse.

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Bitcoin cryptocurrency blockchain Regulation 177

PYMNTS

FEBRUARY 9, 2018

Two years after legislators in New Hampshire decided that they would not allow their citizens pay their taxes with bitcoin, the Arizona state legislature is mulling a bill that would pave the way for people to pay their Arizona taxes with cryptocurrencies, Coindesk reported.

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Arizona Taxes New Hampshire cryptocurrency 111

PYMNTS

OCTOBER 9, 2019

Ransom is demanded in bitcoin, upon threat of releasing damaging information to family, friends, and co-workers. But now the hackers are asking for alternative crypto currencies to bitcoin in their ransom demands. This latest sextortion version is using a Litecoin wallet address instead of bitcoin to evade detection,” Johnson wrote.

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Bitcoin San Francisco Taxes Compliance 116

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APRIL 14, 2019

With these two provisions, it is written in black and white that SPFs can invest in cryptocurrencies like bitcoin,” said Simmons & Simmons attorney Emilien Bernard-Alzias, according to CCN. In fact, residents use the products for their investment and retirement savings for the tax benefits. I am interested to hear the story.

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Bitcoin cryptocurrency social media New York 187

PYMNTS

OCTOBER 14, 2019

We launched our first distributed ledger technology in trade finance as early as 2017. Our decision to take part in the pilot project was prompted by our intention to optimize the process of interaction with partners based on blockchain technology.

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blockchain Taxes Bitcoin social media 109

PYMNTS

APRIL 28, 2019

Blockchain got a boost last week after the Ohio House Of Representatives introduced a bill that would let state government agencies use blockchain technology. It is the first state to let businesses pay their taxes with cryptocurrency. company to pay taxes with bitcoin. “We

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Ohio blockchain Columbus Taxes 149

PYMNTS

NOVEMBER 27, 2018

In harnessing the potentials of the new economy, we shall promote the production of a comprehensive policy on blockchain technology and cryptocurrencies by the relevant government agencies,” he said. Ohio is also in the mix , and will soon allow taxpayers to use bitcoin to cover tax bills.

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blockchain cryptocurrency Bitcoin Ohio 193

PYMNTS

JULY 14, 2019

Design and Cayenne Technology reportedly created the Online Bid Solution (SOL), which is said to be a technology based on the blockchain. And the operator of BitFunder, a defunct trading platform that was denominated in bitcoin, and WeExchange was sentenced for obstruction of justice as well as securities fraud, CoinDesk reported.

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blockchain Bitcoin Fraud social media 140

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. What looks like a record high one day is left in the dust the next.

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Bitcoin Retail Report Marketing 117

PYMNTS

AUGUST 24, 2020

Huawei has created a technology based on the blockchain to help the Beijing government more effectively monitor and supervise citizen information, CoinDesk reported. Red Date Technology CEO Yifan He said to Cointelegraph that the initiative would start bringing stablecoins into the network in the near future.

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blockchain System Bitcoin Taxes 160

PYMNTS

SEPTEMBER 9, 2016

Who knew that Tyler and Cameron Winklevoss, known for their early involvement in Facebook, were in love with bitcoin? You might, when you find out that they were the first to file for a bitcoin Exchange-Traded Fund (ETF) with the Securities and Exchange Commission (SEC). And do you care? They do have a point there.

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Bitcoin cryptocurrency Security Taxes 100

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FEBRUARY 19, 2020

The summit, according to BloombergTax, will include four 90-minute panels on technology updates, problems with cryptocurrency exchanges, tax return preparation and regulatory guidance and compliance. The overall theme will be balancing taxpayer services with the IRS’ regulatory needs.

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Meeting Groups cryptocurrency Bitcoin 168

Chris Skinner

SEPTEMBER 12, 2016

Things we’re reading today include … Deutsche Bank boss tells staff to think like a tech firm, if they keep their jobs HSBC retail head sees more bank partnerships with financial tech firms UK regulators seen as fintech friendly Chancellor dismantles key Osborne pledge to cut corporation tax Bitcoin technology offers hacker protection Bank (..)

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Bitcoin Taxes Regulation Retail 150

PYMNTS

JANUARY 29, 2020

Shady Bitcoin Transactions Hit All-Time High. New reports say 1 percent of all Bitcoin transactions involve criminal activity, and while this doesn’t sound like a lot, it’s almost double from 2018. In today’s top payments news, illegal activity involving cryptocurrency is at a record high, U.S. The company also added a record 1.4

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Bitcoin US Payments cryptocurrency 131

PYMNTS

NOVEMBER 12, 2018

The Nassau Guardian reported that the framework will address many of the regulatory challenges the bank associates with crypto, including tax evasion, market volatility, fraudulent initial coin offerings (ICOs), and anti-money laundering policies.

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Marketing cryptocurrency social media blockchain 179

PYMNTS

APRIL 16, 2019

provider of business travel management services to small business (SMB) companies, announced a partnership with BitPay , which will allow Corporate Traveller to accept bitcoin and Bitcoin Cash payments from its customers. “We In other news, Corporate Traveller , a U.K. Our model is the right one.”.

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Bitcoin blockchain Taxes Management 100

PYMNTS

MAY 13, 2016

Stop ISIS, bring peace to the Middle East, clean up the economy, create more jobs, fix the education system, lower taxes, etc., Promoting bitcoin. Of course, when the former commissioner, Bart Chilton, says bitcoin, he’s talking blockchain and all digital currencies. So, why digital currencies? Just like the Internet.

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Bitcoin blockchain Regulation Operations 100

PYMNTS

MAY 21, 2020

Plus, bitcoin transferred over the dark web was up 65 percent in the first quarter of 2020. Bitcoin Usage On The Dark Web Up 65 Pct YoY. Crystal Blockchain Analytics released a report that showed the value of bitcoins transferred across the dark web was up by 65 percent in the first quarter of the year to about $384 million.

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PYMNTS

JULY 17, 2019

CoinDesk reported that Tether Chief Technology Officer Paolo Ardoino revealed that the error was due to “an issue with the token decimals” when preparing the issuance for the swap. And another town in Canada has agreed to allow its residents to pay their property taxes in bitcoin.

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Bitcoin cryptocurrency Millennials Taxes 108

PYMNTS

AUGUST 6, 2019

The British tax authority wants cryptocurrency exchanges to share customer names and transaction data in order to track down unpaid taxes. While the HMRC declined to go into detail, saying it could jeopardize the assessment or collection of taxes, it confirmed that the request is within its jurisdiction.

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Bitcoin blockchain Taxes Leadership 100

PYMNTS

AUGUST 14, 2019

New Zealand tax authorities published a ruling this month that includes guidance for employers that wish to pay their staff in cryptocurrency. Tax regulators noted that businesses can use foreign exchanges to facilitate their crypto payments, and offered guidance on how to calculate PAYE taxes and levies when paying in crypto. “If

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cryptocurrency Taxes Bitcoin blockchain 134

PYMNTS

FEBRUARY 11, 2020

Xero also summarizes point-of-sale Square sales, including tips, surcharges and taxes. In 2017, the company’s Square Cash App began allowing merchants to use bitcoin. Technologies like those developed by Square offer ease of use and convenience for both buyer and seller, benefits that B2B businesses are seeking as well.

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San Francisco Payments New York California 207

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SEPTEMBER 9, 2020

based company offers digital asset instruction, investment technology and information for people in Europe, Asia and Africa. In August, a large share of a group of mayors inked a deal to take payment for taxes through the country’s digital currency.

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Groups Bitcoin blockchain cryptocurrency 151

PYMNTS

JULY 15, 2020

The user received a now-infamous crypto letter from the IRS last August, which informed him and others that the IRS had “information” on their crypto accounts and that the government agency believed taxes had not been paid on the crypto, according to CoinDesk. bills on the table, industry officials say, according to CoinDesk.

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Bitcoin social media cryptocurrency US 152

PYMNTS

JANUARY 21, 2021

The filing process only takes about 45 days, but Sberbank is also still debating how Sbercoin will be taxed, according to Cointelegraph, citing news agency Interfax. Popov also noted Sberbank has completed internal testing of the technology and is “ready to work with such a fiat currency,” the report stated.

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Nebraska Bitcoin blockchain cryptocurrency 142

PYMNTS

NOVEMBER 12, 2019

April is months away, but tax season is likely top of mind for crypto holders. To that end, in the United States, the Internal Revenue Service (IRS) has said that huddling with other tax authorities across the globe has helped train a spotlight on how to detect and thwart tax evasion efforts.

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Taxes Bitcoin cryptocurrency Fraud 101

PYMNTS

OCTOBER 17, 2018

16) that it is collaborating with technology and finance partners to develop a supply chain management platform for the cannabis market, with plans to first deploy the solution in Canada before global expansion. The company announced via press release on Tuesday (Oct. billion with 13 million recreational users.

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blockchain Compliance Management Bitcoin 156

PYMNTS

JANUARY 4, 2019

Cryptocurrencies , like bitcoin, Ethereum, Litecoin and Ripple , are digital assets designed to work as a medium of exchange that uses strong cryptography to secure transactions,” he said. Cryptocurrency, however, is more than just an asset that stores value.

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cryptocurrency New York New York City Study 163

PYMNTS

AUGUST 2, 2019

The technology could also be used to verify that any returned drives have undergone a “certified erase” process to remove any user data. In other news, Brazil’s Tax Authority has announced that transactions involving cryptocurrencies must now be reported to the Department of Federal Revenue ( RFB ).

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blockchain Fraud Data Report 148

PYMNTS

AUGUST 5, 2016

Visa also announced that it had extended the real-time, ubiquitous capability to other disbursement types as well including insurance claims, contractor payments, tax refunds and even merchant account real-time funds settlement. The culprit is said to be the use of the BitGo wallet and the structure of the bitcoin accounts itself.

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Bitcoin Payments Samsung social media 100

PYMNTS

JUNE 9, 2017

In payments and FinTech, it’s often the startup’s job to disrupt an industry with many legacy businesses, outdated technologies and processes. Artificial intelligence and machine learning are two technologies that could help combat fraud in accounting and accounts payable, she said, but they have yet to really be deployed by the industry.

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Technology Fraud Capital Management 109

PYMNTS

AUGUST 10, 2018

Coverage includes Amazon opening up voice applications for iOS users, Overstock’s blockchain unit nabbing a huge investment, Intuit securing a bitcoin processing patent, Facebook and L’Oréal using augmented reality for makeup tests and Dish accepting Bitcoin Cash as payment. Intuit Secures Patent for Bitcoin Payment Processing.

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Bitcoin social media blockchain Capital 101

PYMNTS

AUGUST 28, 2019

Kadena’s existing blockchain clients include $3 billion asset manager USCF Investments, healthcare technology company Rymedi, and leading Latin American technology business Alteum, as well as one of the world’s top 100 largest banks, and Fortune 500 companies. “In

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Policies National cryptocurrency Bitcoin 116

PYMNTS

JANUARY 22, 2021

Biden’s plan includes a $1,400-per-person payment to most households, on top of the recently-passed $600 check; a $400 boost to weekly unemployment through September; and an expanded child tax credit. The pandemic created an opportunity for treasurers to leverage technology to optimize cash and manage liquidity.

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Payments Illinois Bitcoin Taxes 170

PYMNTS

JUNE 14, 2018

Powering the push in spending, according to the Commerce Department reports, are historically low unemployment figures , wages finally starting to show real gains and additional liquid capital among workers due to the tax cuts of late 2017. Bitcoin: Pricing cracks below $6,600, amid news of U.S. We are a long way from $20,000.

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Retail Bitcoin Course America 108

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JANUARY 11, 2021

Although blockchain technology and Bitcoin, its best-known inhabitant, have been around for 10 years, the world is just now entering a seismic transition from holding account-based assets to a system that uses token-based digital assets. For example, Bitcoin is not money.

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blockchain Bitcoin Regulation System 193

PYMNTS

OCTOBER 14, 2016

Milan, Italy was the host of a formal bitcoin conference to address scaling and a protest conference that addressed, well, everything that the formal conference didn’t. Scaling of bitcoin is a thorny issue and one that caused some dissension at the Scaling Bitcoin conference that took place on October 8 and 9.

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Bitcoin Conference New Hampshire blockchain 100