Search results for "bitcoin"

April 02, 2013
Bitcoin Value Surpasses $100

The value of a single bitcoin surpassed $100 on Monday, according to VentureBeat. The virtual currency traded at $104.50 per unit at its peak on Mt. Gox, the largest bitcoin...


March 31, 2013
Bitcoin Founders: “We Don’t Really Get How This Works Either”

Satoshi Nakamoto, the “pseudonymous person or group of people” who designed the bitcoin protocol in 2008, have admitted that they too are confused by the virtual currency they helped to...


March 27, 2013
Expensify Allows For International Reimbursement Via Bitcoin

Expense report startup Expensify is allowing employers to reimburse their international workers with Bitcoin, reports VentrueBeat. “Bitcoin is perfect for international transfers,” Expensify CEO David Barrett told VentureBeat. “It’s secure,...


March 24, 2013
Canadian Man Tries To Sell Home For Bitcoins

Canadian entrepreneur Taylor More is attempting to sell his Alberta home for bitcoins, according to Finextra. More has listed his home for C$405,000 but is offering to reduce the price...


March 20, 2013
Al Gore Speaks On Mobile Money And The Global Mind

The early hours of PYMNTS.com’s The Innovation Project 2013 featured no shortage of star power. With Market Platform Dynamics CEO Karen Webster leading off the event with a unique take...


March 19, 2013
U.S. Government Issues Guidance Note On Virtual Currency

The Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a guidance note confirming that users of Bitcoins, Amazon Coins and other virtual currencies do not fall under registration, reporting and...


March 18, 2013
TradeHill Is Back In The Bitcoin Market

With a new team and newly improved site, TradeHill relaunches their business product in the virtual coin market known as Bitcoin. The site is called “Prime,” and went live yesterday...


March 17, 2013
Finish Development Company To Pay Salaries In Bitcoins

Finish development company SC5 has announced that it will be allowing its workers to be paid partly in bitcoins. “We are doing this just out of curiosity to try out...


March 17, 2013
Bitcoin Tipper Launches Bitcoin Payments Through Twitter

Bitcoin Tipper has launched a service that allows users to transfer bitcoins via Twitter, according to Finextra. Tweeters must first mention the @bitcointipper handle, after which they receive a direct...


AML/KYC
How Gemini Balances User Privacy With AML And KYC Compliance Cryptocurrencies’ anonymous nature makes them popular, but crypto exchange platforms are still required to collect buyers’ personal data for AML and KYC compliance. In the “AML/KYC Tracker,” a PYMNTS and Trulioo collaboration, Elena Hughes, chief compliance officer at Gemini, explains how platforms can selectively collect data to ensure user privacy and adhere to regulations.  
The Corporate Treasury Shift: Asset Allocation And The New Cryptocurrency Option
More Banks Turn to Crypto, Blockchain to Help Corporates Drive Global Growth Fifty-eight percent of multinationals that do business in six or more countries use cryptocurrencies in their day-to-day operations. A new PYMNTS study of 250 multinational financial institutions (FIs), sponsored by Circle, examines how their corporate customers are using blockchain and crypto to manage liquidity, make payments and drive global growth — and the digital currency imperative it implies for FIs that wish to retain those corporate relationships.