Search results for "bitcoin"

March 20, 2013
Al Gore Speaks On Mobile Money And The Global Mind

The early hours of PYMNTS.com’s The Innovation Project 2013 featured no shortage of star power. With Market Platform Dynamics CEO Karen Webster leading off the event with a unique take...


March 19, 2013
U.S. Government Issues Guidance Note On Virtual Currency

The Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a guidance note confirming that users of Bitcoins, Amazon Coins and other virtual currencies do not fall under registration, reporting and...


March 18, 2013
TradeHill Is Back In The Bitcoin Market

With a new team and newly improved site, TradeHill relaunches their business product in the virtual coin market known as Bitcoin. The site is called “Prime,” and went live yesterday...


March 17, 2013
Finish Development Company To Pay Salaries In Bitcoins

Finish development company SC5 has announced that it will be allowing its workers to be paid partly in bitcoins. “We are doing this just out of curiosity to try out...


March 17, 2013
Bitcoin Tipper Launches Bitcoin Payments Through Twitter

Bitcoin Tipper has launched a service that allows users to transfer bitcoins via Twitter, according to Finextra. Tweeters must first mention the @bitcointipper handle, after which they receive a direct...


March 15, 2013
20131115-Gyft Unveils New Rewards Platform

Mobile gift card provider Gyft has announced the launch of a new rewards platform that includes incentives for bitcoin users, a November 14 press release revealed.ӬӬGyft Points allow users to...


March 12, 2013
Bitcoin Value Sees Turbulence Amid Technical Glitch

Bitcoin value has plummeted amid a technical glitch that led to a major sell off on bitcoin exchange MT.Gox. An upgrade in Mt.Gox software led to a suspension in transactions,...


March 10, 2013
Hackers Takes $12,000 In Bitcoins From Bitinstant

Hackers have stolen more than $12,000 worth of Bitcoins from online brokerage Bitinstant, according to a TechCrunch report. The hackers used DNS domains and email servers to log into VirWox,...


March 10, 2013
Bitcoin Brokerage Hit By $12,000 Attack

Bitinstant, a Bitcoin brokerage, was hit by a hackers’ attach that left it losing $12,000 worth of bitcoins. The hackers took control of the company’s DNS domains and email servers...


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.