Two years after legislators in New Hampshire decided that they would not allow their citizens pay their taxes with bitcoin, the Arizona state legislature is mulling a bill that would pave the way for people to pay their Arizona taxes with cryptocurrencies, Coindesk reported. Get...
After a spectacular closeout to 2017 – with new price records being broken nearly as soon as they could be set – the early days of 2018 have proven to be much more difficult. Get the Full Story Complete the form to unlock this article...
In 2017, cryptocurrency startups raised $5.6 billion through ICOs (initial coin offerings, a fundraising strategy by which creators of digital coins and tokens like bitcoin and Ethereum sell their tokens to investors in order to fund the currency’s launch). Get the Full Story Complete the...
One of the European Central Bank’s (ECB) top policymakers is the latest in a host of leaders calling for regulation of digital currencies, Reuters reported. Cryptocurrencies — and the financial institutions that trade them — need to be more closely watched by regulators, ECB Executive Board...
It’s hard to separate the headlines, sometimes, beyond the vagaries of huge price swings in bitcoin and cryptocurrencies. It’s hard, sometimes, to find the tunes the market might be fashioning beyond the cacophony of daily trading. Get the Full Story Complete the form to unlock...
Fit Pay, a unit of NXT-ID, announced news on Thursday (Feb. 8) of the launch of FlipTM, a contactless payment device for cryptocurrency holders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Even in the face of government regulation, Tyler and Cameron Winklevoss are bullish on cryptocurrency, Bloomberg reported. “These technologies can’t flourish and grow without thoughtful regulation that connects them to finance,” Tyler Winklevoss, chief executive and co-founder of the Gemini Exchange, said in a Bloomberg Television interview....
Like companies caught up in the 1990s dot-com bubble, the head of Goldman Sachs’ Global Investment Research unit believes most cryptocurrencies will likely fail and end up having no value. In an note, Steve Strongin said that most of today’s cryptocurrencies are “unlikely” to make...
As the price of bitcoin plummets, Treasury Secretary Steven Mnuchin is teaming up with other agencies to regulate cryptocurrencies, CNBC reported. “The Treasury secretary has been out in front on this. He’s formed a virtual currency working group of ourselves, the SEC, the Fed” and the Financial...