Bitcoin

Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

JPMorgan Continues Handling Bitcoin XBT Despite CEO’s Criticisms
JPMorgan Continues Handling Bitcoin XBT Despite CEO’s Criticisms
September 19, 2017  |  Bitcoin

JPMorgan Chase continues to route customer orders for bitcoin-related instruments, despite its CEO calling the cryptocurrency “a fraud” and threatening to fire anyone at the...

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BIS Says Too Early To Gauge Benefits Of Bank-Issued Cryptocurrencies
BIS Says Too Early To Gauge Benefits Of Bank-Issued Cryptocurrencies
September 18, 2017  |  Digital Payments

Central banks that are mulling over issuing their own cryptocurrencies would be better off waiting, said the Bank for International Settlements. According to a news...

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The Beginning Of The End For Bitcoin?
The Beginning Of The End For Bitcoin?
September 15, 2017  |  Bitcoin

Bitcoin has been riding a bit of a rollercoaster in the past few weeks since hitting an all-time high of more than $4,800 per digital...

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BTCChina Announces It’s Closing Its China Bitcoin Exchange
BTCChina Announces It’s Closing Its China Bitcoin Exchange
September 15, 2017  |  Bitcoin

Cryptocurrency was under pressure Thursday (Sept. 14) after Chinese Bitcoin exchange BTCChina announced it would stop all trading as of Sept. 30. According to a report in Reuters, a...

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Dubai Financial Services Authority The Latest To Warn Against ICOs
Dubai Financial Services Authority The Latest To Warn Against ICOs
September 14, 2017  |  Bitcoin

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...

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Blockchain For The Average Joe
Blockchain For The Average Joe
September 14, 2017  |  Blockchain

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...

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China’s Internet Finance Association Urges Members Not To Trade Cryptocurrency
China’s Internet Finance Association Urges Members Not To Trade Cryptocurrency
September 14, 2017  |  Bitcoin

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...

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Banking On APIs For B2B Innovation
Banking On APIs For B2B Innovation
September 14, 2017  |  API

FinTech companies have grown accustomed to using APIs to conduct business — and are now expecting their banks to do the same. For September’s PYMNTS.com...

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JPMorgan’s Dimon Calls Bitcoin A Fraud
JPMorgan’s Dimon Calls Bitcoin A Fraud
September 13, 2017  |  Bitcoin

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...

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