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payment


Chinese mobile payment platforms WeChat Pay and Alipay are scrambling to keep up with regulators after recent announcements regarding initial coin offerings (ICOs) and cryptocurrencies. Both payment giants have said that they will work with the government agencies closely to monitor cryptocurrency transactions, according to news releases on August 24. As CoinDesk reported on Friday, …

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Investment bank UBS thinks bitcoin is neither money nor a viable asset class – not yet at least. The Switzerland-based company’s assessment was featured in a research report on the world’s largest crypto by market capitalization, which was circulated to clients and released on Thursday. Published by UBS strategists, the report concludes that bitcoin “falls …

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Ripple has a new senior vice president of business and corporate development. The San Francisco-based distributed ledger startup announced Wednesday the hire of Kahina Van Dyke, who most recently served as Facebook’s global director of financial services and payments partnerships. According to LinkedIn, Van Dyke is also a board director for Progressive Insurance and has …

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A pair of newly published patent applications from retail giant Walmart hints at a plan to store payments data using blockchain tech. The two applications – published on Thursday by the U.S. Patent and Trademark Office (USPTO) – both reference using a blockchain-powered platform to secure the payment data, ensuring that private information can’t be …

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The German Federal Ministry of Finances considers Bitcoin as tax-exempt so long as it is used as a means of payment, Cointelegraph Deutsch reported Thursday, March 1. The German federal authority published its decision to not subject purchases with Bitcoin and other cryptocurrency to taxes on Feb. 27, citing the European Court’s 2015 decision, which …

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Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. GMO Internet Inc., a multi-billion dollar Japanese technology conglomerate, will process salaries of its 4,710 full-time employees in bitcoin. According to the official statement of GMO Internet, employees within the company and its subsidiaries will be able choose to receive their salaries …

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