The Dubai Financial Services Authority (DFSA) warned investors on Wednesday (Sept. 13) that initial coin offerings (ICOs) are complex and risky, joining a growing list of governments to do so. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Imagine shopping for a new outfit, computer or groceries and paying for the purchase with bitcoin. Yes, in a real store. Why not? Love or hate blockchain, there’s no denying that digital currencies have grown in popularity, and there is certainly a market for cryptocurrency...
The Internet Finance Association of China urged members Wednesday (Sept. 13) to avoid trading virtual currency or providing services that have to do with cryptocurrency trading. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Bitcoin can add another naysayer to its list: JPMorgan Chase & Co. chief executive Jamie Dimon. According to a report in Reuters, Dimon recently stated during an investor conference in New York that Bitcoin “is a fraud” and predicted the cryptocurrency would implode. Get the Full Story...
North Korean hackers are increasing their attacks on cryptocurrency exchanges to try to secure bitcoin and other cryptocurrencies. 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...
R3 Holdco and Ripple Labs are embroiled in a lawsuit. The two U.S. blockchain startups are suing each other over option contracts to purchase XRP, Ripple Lab’s cryptocurrency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The value of cryptocurrency transactions is forecast to surpass $1 trillion this year, which is 15 times the level reached in 2016. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Bitcoin Cash, the result of a recent split off of the digital currency, gave bitcoin owners an equal amount of Bitcoin Cash and Bitcoin, creating a new tax headache at a time when the Internal Revenue Service is providing little guidance. Get the Full Story...
Visitors to Russian Burger King locations may have a new pay to pay for their Whoppers, onion rings and soft drinks with the advent of the fast food chain’s personal cryptocurrency system, a digital payment method the company’s Russian unit is calling “Whoppercoin.” Get the...