Despite a heavy round of hype — for most financial services CIOs, the blockchain is not all that big or pressing a priority, according to Gartner’s latest survey of industry IT leaders. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Looks like the Securities and Exchange Commission (SEC) has had enough of the sudden run of celebrity-backed independent coin offerings, or ICOs. As of yesterday, it began officially warning them that by endorsing these currencies, they could be in violation of the law. Get the...
R3 is building a cross-border payments solution inspired by blockchain, according to news from The American Banker. The company will be partnering with 22 member banks on the project, including U.S. Bank, TD Bank, Barclays, BBVA, CIBC, Commerzbank, DNB, HSBC, Intesa, KBC, KB Kookmin Bank, KEB Hana...
The use of Bitcoin as a form of payment has been banned in Vietnam, ZDNet reports. The country’s state bank ruled that all cryptocurrency, not just Bitcoin, was an invalid form of payment. Get the Full Story Complete the form to unlock this article and...
As of today (Oct. 31), every Bitcoin will be worth approximately$6,125, according to reports from Bloomberg. The value of the digital currency has hit new highs after exceeding the $5,000 and $6,000 price points for the first times earlier this month. Get the Full Story Complete...
Whether it was a bit of prescience – or perhaps a bit of prompting – we had a feeling that we might hear from the ecosystem after Karen Webster’s argument for just saying bye-bye to bitcoin. Get the Full Story Complete the form to unlock this article and...
It’s been a big year for cryptocurrency. In particular, bitcoin – the first and best known unregulated, exclusively digital currency – was trading near $6,000 as of late October 2017, with some analysts predicting that in the future, prices will peak somewhere north of $10,000....
Billionaire investor and Saudi Arabian prince Alwaleed bin Talal dismissed Bitcoin on Monday (Oct. 23), saying on CNBC’s “Squawk Box” that he expects the value of the unregulated cryptocurrency to “implode.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Bitcoin surged beyond $6,000 in trading late last week, setting a new record for the cryptocurrency. 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...
