payments

payments

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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.

Tax

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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.

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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.

xrp token

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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

sports car

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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.

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Litecoin Payments Startup That Won Trader Favor Abruptly Shuts Down

Litecoin merchant processor LitePay is closing up shop.

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Alibaba Payment Affiliate Rules Out ICO Fundraising

Ant Financial Services Group, Alibaba's payment affiliate and operator of AliPay, has taken a critical stance over initial coin offerings.

alibaba

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9 Malaysian Banks Team Up for Trade Finance Blockchain Apps

Nine Malaysian banks have teamed up to develop blockchain applications for trade finance, according to the country's central bank.

Malaysian coins

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Blockchain Remittances Face Efficiency Hurdle, Says Taiwan Central Bank

A trialed blockchain system for interbank clearance was not as efficient as the current centralized system, says a central bank report.

Taiwan dollar

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Bitcoin Will Be World's 'Single Currency' Says Twitter CEO

Jack Dorsey has said he believes bitcoin will take over the U.S. dollar as the world's primary currency in 10 years or less.

Dorsey