Home / Business / Money and Finance

Money and Finance

Good Day for Cryptocurrencies

Bitcoin Stock Photo

Bitcoin and Ether, the two biggest digital coins, spiked in early afternoon trading as positive news for the sector continues. Square Inc. said earlier Monday that New York granted the company a virtual-currency license, letting customers in the state buy and sell Bitcoin, which has lost more than half its value this …

Read More »

Facebook May Create Its Own Cryptocurrency

Facebook Phone Screen

Facebook may be considering creating its own cryptocurrency, allowing its billions of worldwide users to make electronic payments with the digital coin, the TV news network Cheddar reported Friday. Facebook started studying blockchain last year, and said publicly this week that it is looking for ways to use the blockchain …

Read More »

Schneiderman Asking Questions of Cryptocurrency Companies

Bitcoin Stock Photo

New York Attorney General Eric Schneiderman is asking for some information from cryptocurrency providers as part of what is office calls a fact-finding inquiry aimed at protecting consumers. Schneiderman’s office sent questionnaires to thirteen virtual currency trading platforms requesting information on operations, internal controls, and safeguards to protect customer assets, …

Read More »

Prime Rate, Meet Amazon Prime

Amazon HQ

Amazon Wants to Parnter With a Bank on a Checking Account-Like Product LedeTree Do you have your bank account saved on your Amazon account? Amazon wants to save you a step. The Wall Street Journal reported Tuesday that Amazon is in talks with some big banks, hoping to create a …

Read More »