Search results for "bitcoin"

September 27, 2012
Bitcoin Foundation Launches As Nonprofit Corporation To Foster Bitcoin Acceptance

A new nonprofit corporation known as Bitcoin Foundation has launched to help accelerate the global acceptance and use of Bitcoins. The Bitcoin Foundation will follow the model for nonprofit corporations...


September 13, 2012
Facebook And iPhone Get Payments World Tweeting

Here are our top five tweets from the week that was. Keep tweeting, and we may feature you next Friday. @noahelkin: There you have it, direct form Phil Schiller: “It’s...


September 07, 2012
State Rep Views Bitcoin As Legitimate Currency Competitor

It’s been a turbulent week for the digital currency known as Bitcoin. First, we saw Bitfloor, the fourth-largest Bitcoin exchange, fall victim to a $250,000 hacking theft. Next we heard...


September 06, 2012
Bitcoins And Apple And Fraud, Oh My!

Here are our top five tweets from the week that was. Keep tweeting, and we may feature you next Friday. @JoshGreenman: If I had a bitcoin for every time someone...


September 06, 2012
Bitcoin Value Rises Six Percent Amid Turbulent Week

The digital currency Bitcoin rose six percent in value today from $10.40 per unit to $11, according to Venture Beat. A quarter of a million dollars worth of Bitcoins were...


September 06, 2012
State Rep Views Bitcoin As Legitimate Currency Competitor

It’s been a turbulent week for the digital currency known as Bitcoin. First, we saw Bitfloor, the fourth-largest Bitcoin exchange, fall victim to a $250,000 hacking theft. Next we heard...


September 05, 2012
Bitfloor Goes Offline Following $250,000 Theft

Bitcoin exchange Bitfloor has temporarily shut down after hackers stole around $250,000 million, or 24, 000 coins. Founder Roman Shtylman says no accounts, trades or transfer logs were lost in...


September 04, 2012
New Hampshire State Rep Mark Warden Accepting Bitcoin Donations

New Hampshire State Representative Mark Warden has added a Bitcoin donation system to his website.  Warden is the first incumbent politician to use a decentralized virtual currency system as part...


August 22, 2012
BitInstant Announces Launch of BitCoin-Based Debit Card

BitInstant will will launch a BitCoin-based debit card that allows consumers to spend their virtual currency at any store that accepts MasterCard. The debit card is set to launch in...


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.