Stripe draws a line through Bitcoin

  Payment processor stripe announced on Tuesday that it will end support for bitcoin as a payment method in April.     Product manager Tom Karlo writes in a blog post:   “Our hope was that Bitcoin could become a universal, decentralized substrate for online transactions and help our customers enable buyers in places that had less credit card penetration or use cases where credit card fees were prohibitive. Over the past year or two, as block size limits have been reached, Bitcoin has evolved to become better-suited to being…

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Shock Announcement – Bitwala and Cryptopay Card issuer WaveCrest Holdings Ltd immediately suspend Visa Debit Cards after instruction from Visa Europe

A shock announcement from Bitwala to their clients has been received.  The announcement went into effect immediately without delay.   Bitwala is a popular and growing blockchain banking service where many clients used Bitcoin to send & receive money, pay bills, and convert to load their VISA prepaid card.         The announcement states “Yesterday our Bitwala Card issuer WaveCrest Holdings Ltd received direction from Visa Europe to immediately suspend all Bitwala cards effective immediately. Unfortunately, neither Visa nor WaveCrest were able to provide us or you with more…

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Calastone to Bring Mutual Funds Market Onto Blockchain in 2019

LONDON, Dec. 4, 2017 /PRNewswire/ Calastone, the global funds transaction network, today announces that the technology underpinning the core of Calastone’s global transaction network will be migrated onto a full blockchain-enabled infrastructure.   Calastone’s network connects more than 1,300 financial service organisations across 34 global markets processing over GBP80bn of trades and 7 million messages each month, making it the largest global fund transaction network. Calastone has transformed the funds sector, enabling frictionless trading by making it possible for all trading entities and counterparties to connect, interact, process and settle transactions digitally.  …

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RSK Brings Blockchain Regtech Leader Coinfirm and its AML/CTF Platform Into its Federation

Set to bring smart contracts and new scalability to bitcoin, RSK has partnered with Coinfirm and brought it into its federation to address AML/CTF through the team’s expertise and recognized blockchain AML/CTF Platform.     LONDON, Nov. 22, 2017 /PRNewswire/ — RSK, the company behind smart contracts for bitcoin, and leading blockchain regtech Coinfirm announced today a partnership to address anti-money laundering and counter-terrorism financing compliance for the cryptocurrency marketplace.  RSK  has brought in Coinfirm’s AML/CTF Platform along with its proprietary algorithms and big data analytics into its Federation. RSK has now added another strong…

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