Digital payment company PayPal is not betting on bitcoin as of now. In an interview with TheStreet.com, PayPal chief executive officer Dan Schulman said that while PayPal is focused on innovating in the payment market, it’s not focused specifically on the digital currency. Get the Full...
Facing pressure from the Chinese government, bitcoin mining collectives are shifting their operations overseas, Bloomberg reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
In response to concerns over bitcoin’s potential effect on the U.S. financial system, the nation’s derivatives regulator will hold two meetings this month to discuss its procedures for listing and trading cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Peter Thiel appears to be betting big on bitcoin: Founders Fund, the venture capital firm he co-founded, has accumulated hundreds of millions of dollars of the cryptocurrency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A cryptocurrency executive who was kidnapped by an armed gang near his office in Kiev earlier this week was freed on Thursday after paying the ransom demand of more than $1 million in bitcoins. Get the Full Story Complete the form to unlock this article...
A Goldman Sachs economist has joined the list of those concerned with the impact that cryptocurrencies, such as bitcoin, could have on the U.S. economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Bitcoin has found another naysayer. This time, Massachusetts’ top securities regulator has issued a warning on the digital currency, calling it “entirely speculation.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The bouncing ball that is the price of bitcoin took a downward turn this week as South Korean regulators are eying options that would shutdown many of the nation’s very active cryptocurrency exchanges. South Korean interest has been among the engines driving the price of...
After suffering from a steep sell-off in trading late last week, cryptocurrency bitcoin was able to recoup some of its losses, trading above $16,100 on Tuesday (Dec. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
