Search results for "bitcoin"

May 20, 2013
Qranio Takes A Literal Approach To Smart Money

By Ben Carsley, Managing Editor (@BC_PYMNTS) As it turns out, selling high on Bitcoin isn’t the only way to see intelligence rewarded via virtual currency. Qranio is a Brazilian startup...


May 18, 2013
Winklevoss Twins Lead Bitcoin Bandwagon, Invest In BitInstant

Cameron and Tyler Winklevoss, the young Harvard students who famously fought over the rights to Facebook with Mark Zuckerberg, led BitInstant’s most recent seed funding round of roughly $1.5 million....


May 16, 2013
BitPay Takes The Bait, Grabs $2 Million From Founders Fund

The increasingly popular virtual currency bitcoin has hit the scene with the force of a number-one draft pick, taking what some thought to be a losing idea in digital money...


May 16, 2013
MPOS Mania, ATM Heist Entertainment And Amazon’s Coins For Kindle

Welcome to What’s Trending In Payments – a weekly look at the most popular, irreverent and important stories the payments industry had to offer over the past five days as...


May 16, 2013
Mt. Gox CEO Faces Jail Time Over FinCEN Registration Issue

Bad just got worse for Japan-based BitCoin exchange service Mt. Gox, as IDG News reports it is experiencing further issues with U.S. Immigration and Customs Enforcement and the Department of...


May 14, 2013
Dwolla Sees Mt. Gox Transactions Blocked By DHS Seizure Warrant

Users seeking to withdraw or deposit money into the Bitcoin trading platform Mt. Gox were barred from using mobile payment service Dwolla to do so late Tuesday afternoon in an...


May 14, 2013
UK Civil Servants Probe Bitcoin Threat

BItcoin is still a reasonably new currency and the cardinal question that many are still debating is whether or not to believe in it. It is a question that the...


May 08, 2013
Bitcoin Platform Coinbase Nets $5 Million In VC

Ribbit Capital, Funders Club, SV Angel and Union Square Ventures announced a combined $5 million investment in the self-described Bitcoin wallet provider Coinbase. According to Union Square Ventures, Coinbase “offers...


May 07, 2013
Spurred By Demand, Anyoption Enters Bitcoin Trading

Anyoption, a binary option trading platform, has begun to offer Bitcoin options trading, according to new reports. “While traditionally we deal with currencies and stocks traded in household markets, we’ve...


AML/KYC
How Gemini Balances User Privacy With AML And KYC Compliance Cryptocurrencies’ anonymous nature makes them popular, but crypto exchange platforms are still required to collect buyers’ personal data for AML and KYC compliance. In the “AML/KYC Tracker,” a PYMNTS and Trulioo collaboration, Elena Hughes, chief compliance officer at Gemini, explains how platforms can selectively collect data to ensure user privacy and adhere to regulations.  
The Corporate Treasury Shift: Asset Allocation And The New Cryptocurrency Option
More Banks Turn to Crypto, Blockchain to Help Corporates Drive Global Growth Fifty-eight percent of multinationals that do business in six or more countries use cryptocurrencies in their day-to-day operations. A new PYMNTS study of 250 multinational financial institutions (FIs), sponsored by Circle, examines how their corporate customers are using blockchain and crypto to manage liquidity, make payments and drive global growth — and the digital currency imperative it implies for FIs that wish to retain those corporate relationships.