While interest in digital coins may be surging, Facebook is not interested in running cryptocurrency ads, according to Recode. The social networking site will ban ads that promote “financial products and services frequently associated with misleading or deceptive promotional practices.” Beyond its own app, Facebook...
Bitcoin has yet another naysayer. This time, it’s Starbucks’ executive chairman and former CEO, Howard Schultz, who doesn’t believe the cryptocurrency is “legitimate.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Like the rise of cryptocurrencies, interest in a new trading app that will allow users to trade bitcoin and Ethereum has surged, CNBC reported. After Robinhood announced that it will allow no-fee cryptocurrency trading beginning in February, more than 1 million people have joined the waitlist to...
Some lawyers are jumping on the cryptocurrency craze, opting to accept payment in bitcoin. 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 newsletter, PYMNTS...
Coincheck, one of Japan’s largest cryptocurrency exchanges, will reimburse customers up to ¥46.3 billion ($426 million) due to a hack it suffered last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The taxman cometh. And the cryptos plummet. 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 newsletter, PYMNTS Today. By completing this form, you agree...
Amid the continuing global debate over cryptocurrencies, G20, an international forum for governments and central bank governors, has taken up the gantlet, Reuters reported Friday (Jan. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Bank of America and Citigroup, which currently allow customers to use their credit cards to purchase bitcoin, are looking over their cryptocurrency policies. This comes two weeks after Capital One Financial said it would no longer allow cryptocurrency purchases with its credit cards. Get the...
After the Nordea Bank AB decided to ban employees from trading bitcoin, unions are questioning if the policy is legal, Bloomberg reported. But Per Bolund, Sweden’s financial markets minister, wouldn’t comment on the legality of the ban: He said he “would leave that for the...
