CoinDesk, 1/1/0001 12:00 AM PST A Miami judge has dismissed charges against a Florida-based bitcoin seller after he was indicted on money transmission and money laundering charges. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST Miami-Dade Circuit Judge Teresa Pooler has dismissed a money-laundering case involving an alleged “illegal sale” of bitcoins, after... The post Miami Judge Rules Bitcoin Is Not Money; Dismisses Money Laundering, Transmitting Charges appeared first on Bitcoin Magazine. |
CryptoCoins News, 1/1/0001 12:00 AM PST Bitcoin price continues teetering on the edge of a precipice. A valiant effort to escape gravity, late on Sunday, has only seen price slump back toward $650. Unless the buyers capitulate, a large decline seems inevitable. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. If you are new […] The post Bitcoin Price Analysis: Bear Junction appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
CoinDesk, 1/1/0001 12:00 AM PST A private stock exchange based in Gibraltar is adding an exchange traded instrument (ETI) invested in bitcoin. |
CryptoCoins News, 1/1/0001 12:00 AM PST A landmark criminal case believed to be the first involving a money-laundering charge involving bitcoin has seen its verdict. The criminal charges thrown out, with bitcoin not deemed to qualify as money, according to the ruling judge. Defendant Michell Espinoza was arrested in 201andmd charged with “illegally selling and laundering” $1,500 in bitcoin to an […] The post Bitcoin Isn’t Money, Florida Judge Rules in Laundering Case appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
CryptoCoins News, 1/1/0001 12:00 AM PST Minergate, a mining pool and the developer of GUI mining software that supports various mining various cryptocurrencies including bitcoin and Ethereum, is including support for Ethereum classic, the blockchain based on the original Ethereum platform’s consensus before the hard fork. Although the original Ethereum blockchain was officially abandoned following a hard fork that was triggered as […] The post MinerGate Adds Support for Mining Ethereum Classic appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
Business Insider, 1/1/0001 12:00 AM PST
Visa posted gains in revenue and payments volume in Q2 2016, despite global political and economic challenges and initial losses from the recent purchase of Visa Europe, which closed in June. Overall, global gross payment volume (GPV) increased to $1.3 trillion in the quarter, up 10% year-over-year (YoY). But the firm believes that it will continue to post “healthy” growth in the next year thanks to gains from new domestic and international portfolios and macroeconomic improvements. US GPV hit $749 billion in Q2 2016, up 10% YoY on a constant currency basis. That remains roughly unchanged sequentially. But macro-level trends and new portfolios have already shifted volume trends in early July.
Internationally, the firm is facing uncertainty, but may see a lift from its Visa Europe incorporation.
Visa's ongoing adjustment after acquiring Visa Europe is one small piece of the broader payments ecosystem, which continues to evolve. Evan Bakker and John Heggestuen, analysts at BI Intelligence, Business Insider's premium research service, have compiled a detailed report on the payments ecosystem that drills into the industry to explain how a broad range of transactions are processed, including prepaid and store cards, as well as revealing which types of companies are in the best and worst position to capitalize on the latest industry trends. Here are some key takeaways from the report:
In full, the report:
To get your copy of this invaluable guide, choose one of these options:
The choice is yours. But however you decide to acquire this report, you’ve given yourself a powerful advantage in your understanding of the payments ecosystem. |
CryptoCoins News, 1/1/0001 12:00 AM PST The Financial Markets Authority (FMA) of New Zealand has noted it has received complaints from New Zealand based clients of igot, an Australia-based bitcoin exchange, about igot’s failure to repay clients in accordance with their instructions. Igot is not registered or required to be registered to provide financial services in New Zealand. The warning posted […] The post New Zealand Authority Posts Warning About Bitcoin Exchange IGOT appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
CryptoCoins News, 1/1/0001 12:00 AM PST Institutional investors have become the largest group of bitcoin buyers because of the negative interest rate policy of central banks and the rising bitcoin price, according to Chris Vermeulen, founder of AlgoTrades Systems, a market technical analyst, trader and a financial author, writing in resourceinvestor.com. Vermeulen claims central banks have proven to be a curse for […] The post Financial Analyst/Trader: Big Investors Moving To Bitcoin, Central Banks’ Days Are Numbered appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
CryptoCoins News, 1/1/0001 12:00 AM PST BitcoinETI, an asset-backed Exchange Traded Instrument that exclusively invested in bitcoin will be included in the Gibraltar Stock Exchange under the ticker BTCETI. In an announcement today, the Gibraltar Stock Exchange (GSX) has revealed its addition of BitcoinETI, a bitcoin-centric Exchange Traded Instrument (ETI). The stock exchange states that the asset-backed ETI’s inclusion will be […] The post Gibraltar Stock Exchange adds Bitcoin ETI appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
CryptoCoins News, 1/1/0001 12:00 AM PST Since the modern economy has gone digital, it has come to require more electricity. Peter Kelly-Detwiler, co-founder of NorthBridge Energy Partners, LLC, a consulting firm that helps companies connect assets to power grids, examined the impact that expanding cryptocurrency is having on energy consumption in a recent Forbes article. He raises the possibility power supply could […] The post As Mining Expands, Will Electricity Consumption Constrain Bitcoin? appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |