Investors have committed a half-billion dollars to El Salvador’s forthcoming bitcoin bond, according to Blockstream Chief Strategy Officer Samson Mow. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
A bipartisan group of lawmakers introduced legislation in the U.S. Senate Tuesday (Feb. 15) to diminish risks to the nation’s financial system by El Salvador’s adoption of bitcoin as legal tender. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The International Monetary Fund (IMF) is still on the offensive when it comes to El Salvador’s use of bitcoin as a legal tender, estimating the cost of implementing the program at 1% of the country’s gross domestic product (GDP). And that’s not counting the cost...
ACH transactions get a lot of criticism for batching transactions into a few bundles a day, slowing down the time it takes for transactions to be settled, and making it more difficult to enable instant or near-instant payments. Get the Full Story Complete the form...
El Salvador is still asking the International Monetary Fund (IMF) for a $1.3 billion loan, and the IMF is still asking El Salvador to drop bitcoin as legal tender. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
BitWage, which makes bitcoin payroll services, has debuted a new platform to help people get paid in bitcoin, a report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Bitcoin-accumulating software company MicroStrategy plans to keep investing in the crypto, even as bitcoin’s value has taken some hits in the last few days, according to chief financial officer Phong Le. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
According to CNBC, the crypto market has lost $130 billion over the last 24 hours. 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,...
Bitcoin hit its lowest dollar value since last August as it fell below $37,000 on Friday (Jan. 21), The Wall Street Journal (WSJ) wrote. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...