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...
A group of 600 bitcoin millionaires, at least on paper, were undeterred when – while they were partying on the annual Blockchain Cruise – the price of bitcoin dropped from $13,500 to $10,000, underscoring the risks cryptocurrency investors are willing to take on as they...
Hydro Québec, the largest utility in Canada, is being forced to review its energy strategy amid the surging demand caused by mining of digital currencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Prices go up and prices fall and cryptos capture the imagination of traders, investors…and hackers. As 2018 gets underway, beware the risks beyond trading frenzies – such as being duped by the bad guys, who make off with the digital goods or stage phony IPOs,...
What goes up must come down — and yesterday, it seemed it was cryptocurrency’s turn to take a dance with gravity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
In South Korea, a petition seeking a halt to the government’s bitcoin crackdown has gathered momentum — to the tune of more than 212,000 signatures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Bitcoin dropped 14 percent Tuesday, hitting its lowest point in a month and trading at below $12,000 a unit as concerns are popping up that a regulatory crackdown is imminent in several nations worldwide. Get the Full Story Complete the form to unlock this article...
There are rough days. 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 to receive marketing...
