New York’s Department of Financial Services (DFS) has launched a new Research and Innovation Division that will be responsible for licensing and supervising virtual currencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Union Bank of the Philippines is experimenting with blockchain for remittances, as its chairman believes that the technology can boost financial services in rural areas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Swedish cryptocurrency exchange QuickBit revealed to investors that it accidentally leaked 300,000 customer records via an unprotected MongoDB database. 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...
Senator Mike Rounds made an announcement at a Senate Banking Committee hearing regarding Facebook’s planned cryptocurrency on Tuesday (July 16), but it wasn’t related to Libra. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A ransomware virus that the FBI has been tracking since 2018 has been detected in China. 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...
Horizon Blockchain Games announced that it has raised $3.75 million in a seed round, led by Reddit Co-Founder Alexis Ohanian’s venture fund, Initialized, with participation from Golden Ventures, Polychain, Coinbase, Digital Currency Group, and Inovia Capital. Get the Full Story Complete the form to unlock...
Lawmakers doubts over Facebook‘s planned cryptocurrency, Libra, is having a negative impact on bitcoin. The Wall Street Journal reported that bitcoin’s price fell to about $9,100. Before it rebounded later Wednesday (July 17), it had lost almost a third of its value after trading above...
Germany’s Finance Minister Olaf Scholz has joined the chorus of politicians that are worried about Facebook’s planned cryptocurrency, Libra. 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...
The U.K. government has developed a plan that aims to fight financial crimes, including “action on crypto-assets.” 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...
