BitPay, which is the world’s largest provider of bitcoin and cryptocurrency services, has announced that mobile payments app Slide will now add cryptocurrency as a payment option, according to a press release. Slide, which was created by the PayPal-backed Raise Marketplace, will allow people paying...
Bank software and payment technology giant FIS is teaming up with a New York-based digital bank to launch a rewards card where users can earn bitcoin. FIS on Tuesday (Dec. 15) announced a partnership with Quontic Bank on the Bitcoin Rewards Checking Account. The launch...
Argentinian crypto exchange Ripio has had a huge surge in users, boasting almost 1 million now as opposed to just 400,000 at the beginning of the year, CoinDesk reported. “I’ve been with the exchange pretty much from the beginning, and I’ve never seen this kind...
Russian president Vladimir Putin has signed an order directing public officials to report cryptocurrency holdings, CoinDesk reports. The order signed Thursday (Dec. 10) requires both civil servants and people who will soon take on a government position to disclose what crypto assets they hold, along...
Financial services firm DBS announced in a press release Thursday (Dec. 10) that it is launching a “members-only” digital exchange for integrated digital asset tokenization, trading and holding. Institutional and accredited investors will be able to use the DBS Digital Exchange to list and trade...
Gangs in Latin America are increasingly turning to cryptocurrency to operate illegal trades of drugs, guns, sex and people, Reuters reported. “Both Mexican and Colombian [transnational criminal organizations (TCOs)] are increasing their use of virtual currency because of the anonymity and speed of transactions,” Michael...
France could propose stricter regulations on cryptocurrency firms, according to The Block. Simon Polrot, president of French crypto association ADAN, told The Block that the country’s Finance Ministry is planning to require full know-your-customer (KYC) measures for all crypto transactions, regardless of the size of...
Bill Winters, CEO of Standard Chartered, said he sees the adoption of digital currencies on a widespread scale as inevitable, CNBC reported. Winters, speaking at the Singapore FinTech Festival, said there would likely be room for both state-backed digital currencies as well as privately-owned ones,...
India’s income tax authority is considering taxing profits made on bitcoin investments, CoinDesk reported, citing The Economic Times. The tax department has been tracking those who are making money during bitcoin’s price rally and could soon announce a tax of up to 30 percent, according...
