Payments

Banking

Santander to Launch Ripple Payment App This Week

Banking giant Santander Group is reportedly launching a blockchain-based application for cross-border foreign exchange on Friday. 

Business  ·  12 April 2018
Investments

$125 Million Raised in Basecoin SAFT Sale, SEC Filing Shows

Basecoin developer Intangible Labs raised $125 million in a SAFT sale, SEC filings show.

Business  ·  9 April 2018
Regulation

Arizona’s Crypto Tax Payments Bill Is Being Revamped

Arizona's crypto tax bill is still moving forward, despite seeming to have stalled in the Senate last month.

Policy & regulation  ·  6 April 2018
Banks

Bank of Montreal Expands Crypto Purchase Ban

Canada's Bank of Montreal will prohibit customers from purchasing cryptocurrencies using Interac debit cards, on top of an existing Mastercard ban.

Business  ·  4 April 2018
Russia

Russia’s Central Bank Mulls Ethereum System for Pan-Eurasian Payments

The Central Bank of Russia may use its ethereum-based Masterchain software to communicate financial messaging across the Eurasian Economic Union.

Policy & regulation  ·  4 April 2018
Europe

Don’t Forget the ‘Other’ Cryptocurrency Tax

If cryptocurrency gains acceptance as a means of exchange, it’s sure to raise the ire of governments hungry for revenue from sales taxes.

Policy & regulation  ·  3 April 2018
Exchanges

Messaging Giant Line to Launch South Korean Blockchain Subsidiary

Japan-based social messaging platform Line is launching a blockchain-focused subsidiary in South Korea.

Policy & regulation  ·  3 April 2018
Russia

Report: Russia’s Gazprombank to Test Cryptocurrency Service

Russia's state-owned Gazprombank is reportedly looking into facilitating cryptocurrency transactions through a Swiss subsidiary.

Business  ·  2 April 2018
Blockchain

TD Bank Considers Public Blockchain for Asset Tracking

A newly published patent application indicates that TD Bank may be considering the use of a public blockchain for certain kinds of transactions.

Business  ·  2 April 2018
Payments

AirAsia Planning Cryptocurrency-Based Rewards Program

The Malaysian discount airline plans to use its proprietary BigCoin token to facilitate transactions and act as a frequent-flyer rewards program.

Business  ·  30 March 2018
IRS

Taxing All Bitcoin Buying Will Backfire for the IRS

The IRS' 2014 tax guidance may encourage cryptocurrency users to use unregulated foreign exchanges and use privacy coins like monero or zcash.

Policy & regulation  ·  30 March 2018
Bitcoin

Bitcoin’s Lightning Network Is Live, But Can It Keep from Going Corporate?

As startups developing bitcoin's Lightning Network start pushing the tech forward, some wonder whether it'll be taken over by corporate interests.

Business  ·  29 March 2018
Exchanges

Uphold Adds Buy and Sell Options for Ripple’s XRP

Digital payments startup Uphold announced Wednesday that it has added support for Ripple’s XRP cryptocurrency.

Business  ·  28 March 2018
bitFlyer

Luxury Car Dealer Teams with BitFlyer for Big Bitcoin Payments

A Japanese car dealership is adding bitcoin as a payment option with support from cryptocurrency exchange bitFlyer

Business  ·  28 March 2018
Bitcoin

Reddit Drops Bitcoin Payment Option For ‘Gold’ Membership

Reddit no longer allows users to pay in bitcoin for subscriptions to its premium membership program, Reddit Gold.

Business  ·  27 March 2018