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...
Bitcoin, the widely popular digital currency, saw its price drop late last week after a news report surfaced that China was gearing up to shutter local cryptocurrency exchanges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access 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 Bank of Russia, the country’s central bank, released a new statement Tuesday (Sept. 5) highlighting the risks associated with cryptocurrencies and initial coin offerings (ICOs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
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, the popular cryptocurrency, hit $5,000 late Friday (Sept. 1) but then retreated 5 percent in late trading, according to news from Fortune. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Complaints to the Consumer Finance Protection Bureau about bitcoin and other cryptocurrencies are increasing as the prices of both are on the rise. As of August of this year there have been 227 complaints about virtual currency to the CFPB — a fairly notable pick-up...