Payments

Bitcoin

Payment Processor Stripe to End Support for Bitcoin

Payments processor Stripe announced it would end support for bitcoin in April, citing rising transaction costs and times as two reasons for the move.

Business  ·  23 January 2018
Regulation

Indonesia Central Bank: Cryptocurrency Payments ‘Not Legitimate’

Bank Indonesia has warned that cryptocurrencies may not be used for payments in the country.

Policy & regulation  ·  15 January 2018
XRP

MoneyGram to Pilot Ripple’s XRP Token

International money-remittance firm MoneyGram is partnering with Ripple to test the startup's XRP token for international payments.

Business  ·  11 January 2018
Regulation

Crypto Cat and Mouse: 2018 Will Be the Year of Policy Subterfuge

Global regulators have staked out a diverse set of rules for blockchain, but entrepreneurs may be better off playing arbitrage until the dust settles.

Business  ·  11 January 2018
Bitcoin

Overstock Payments Glitch Mixes Up Bitcoin and Bitcoin Cash: Report

Online retail giant Overstock.com has reportedly experienced a bug that meant it mixed up payments made in two different cryptocurrencies.

Business  ·  10 January 2018
Bitcoin Payments

Microsoft Resumes Bitcoin Payments After Halt Over ‘Instability’

Tech giant Microsoft is once more accepting bitcoin payments after it halted transactions in the cryptocurrency last week.

Business  ·  10 January 2018
Bitcoin

Crypto Debit Card Providers Hit After Visa Cuts Ties With Issuer

European bitcoin debit card providers say they were told to suspend their services by card network Visa on Friday.

Business  ·  5 January 2018
Markets

Ripple Claims 3 Big Money Transfer Firms Will Use XRP in 2018

In a tweet late Thursday night, Ripple stated that three of the top five money transfer businesses will begin using its XRP cryptocurrency in 2018.

Business  ·  5 January 2018
Exchanges

$100 Billion Controversy: XRP’s Surge Raises Hard Questions for Ripple

Ripple has a complicated relationship with its native cryptocurrency XRP, one that critics contend many recent buyers of the token may not understand.

Business  ·  4 January 2018
Payments

Wikileaks to Accept Additional Cryptocurrencies for Donations

Julian Assange stated in a Tweet that Wikileaks is seeking to add new cryptocurrencies in the future after FPF announced the closure of its support.

Business  ·  22 December 2017
Security

Think Tank Links Rising Bitcoin Price to Terrorist Use

The increased price of bitcoin appears to be luring terrorist fundraising efforts, in spite of the risks of being discovered.

Policy & regulation  ·  21 December 2017
Bitcoin

Bitcoin Likely to Become ‘Niche’ Product, Says ING’s Top Economist

The chief economist for Dutch banking giant ING believes bitcoin will likely wind up as a niche financial product, according to a new report.

Business  ·  19 December 2017
Payments

Denmark Could Tap Blockchain For Foreign Aid Delivery, Says Report

Denmark's Ministry of Foreign Affairs has released a new report on the applicability of blockchain to foreign aid.

Business  ·  14 December 2017
Payments

Saudi, UAE Central Banks Team Up to Test Cryptocurrency

The central banks of the United Arab Emirates and Saudi Arabia are reportedly testing a new cryptocurrency for cross-border payments.

Policy & regulation  ·  13 December 2017
Japan

Japan’s GMO Internet to Roll Out Bitcoin Payroll System

Japanese internet giant GMO revealed yesterday that it soon allow staff to receive some of their salary in bitcoin.

Business  ·  13 December 2017