With the idea of pegging Libra’s value to a basket of international currencies, Facebook’s proposed cryptocurrency would bring tax challenges to European users, per tax lawyers. These issues would hamstring the digital currency’s mainstream adoption, the Financial Times reported. Get the Full Story Complete the...
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A man who claims to have invented the cryptocurrency Bitcoin says he can’t access his fortune in coins, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In a move that could mirror the playbook of JPMorgan Chase CEO Jamie Dimon, Goldman Sachs Group Inc. Chief Executive Officer David Solomon said in an interview with a French newspaper that he is “absolutely’’ taking a look at cryptocurrencies. Solomon also noted the bank...
Bitcoin value dropped dramatically to below $11,000 on Thursday (June 27), after an 18-month high of almost $14,000 earlier this week, marking a 16 percent dip, according to a report by Reuters. The famous cryptocurrency was riding a wave of interest after Facebook announced a...
To serve investors who want to participate in the digital currency market, Overstock.com subsidiary tZERO has rolled out a digital wallet as well as an exchange app. Users will have the ability to purchase, hold and sell digital assets on their cell phones via the...
Facebook’s announcement that it was launching its own cryptocurrency, called Libra, has caused a resurgence of interest in crypto — and bitcoin, the most famous digital coin, surged to an 18-month high on Wednesday (June 26), according to a report by Reuters. Get the Full...
Some users of the Cash App, which is owned by payments company Square, can now deposit bitcoin, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
JPMorgan plans to test its proposed cryptocurrency, the JPM Coin, by the end of the year, according to reports. 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...
