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...
In possibly the latest crime involving cryptocurrency, U.S. 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. The U.S. Commodity Futures Trading Commission filed...
Due to bitcoin’s volatility and lengthy transaction times, Stripe has decided to end support for the popular cryptocurrency, TechCrunch reported. Those seeking to use bitcoin on Stripe still have a bit of time – the policy will not take effect immediately, as the company plans to...
Four years after Stripe began accepting bitcoin, the payments platform has decided to end support for the popular cryptocurrency. The company said bitcoin’s volatility and lengthy transaction times led to its decision, TechCrunch reported. Get the Full Story Complete the form to unlock this article...
The dominant name in cryptos slipped through an important psychological threshold, making the break below $10,000 for the second time within a week’s span. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
South Korean crypto enthusiasts will no longer be able to use anonymous bank accounts for coin trading starting on January 30th. The move was designed by regulators to make bitcoin a less useful tool for money laundering and other financial crimes. Get the Full Story...