According to the South China Morning Post, Hong Kong’s central bank has warned people against investing in virtual currencies like Bitcoin. The decision came after the bank across with local media reports that a Bitcoin exchange may have run off with $387 million in client funds. This is expected to be one of the biggest Bitcoin scandal. The authorities say that if it comes true the Bitcoin scandal is similar to the one that happened with ...
Vogogo Partners With eMerchantPay, to Help Clients Accept Credit and Debit Card Transactions In a press release, payment processing and fraud mitigation specialist Vogogo Inc. says that it finalized a strategic partnership with the acquiring division of UK based eMerchantPay Limited – E-comprocessing (“ECP”). According to the firm it will enables Vogogo to offer their European based cryptocurrency merchants the ability to accept credit ...
CoinJar Launches Touch app for iPhone The globally renowned Bitcoin platform in Australia, CoinJar has always been innovative when it comes to solutions for its customers. Now the company says that it is bringing up Touch app for iPhone which according to it provides a completely new way to send digital currency, across the room or around the globe, from the user’s ...
Payments Platform Adyen Integrates with BitPay Adyen, the leading technology provider powering payments for global commerce in the 21st century, announces that it has integrated with the world’s leading Bitcoin payment processor BitPay. The partnership according to some observers will open up the possibility for Facebook, Spotify, Ryanair and thousands of other merchants ...
Russian Bank Suspends Money Withdrawal Process The growing financial epidemic of Russian banking system further intensified last week when a local bank – SB Bank of Russia – stopped cash withdrawal process, barring customers from obtaining their own money. The Russian Central Bank is now deciding whether to revoke the license or create a rescue ...
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