Return to Sender: Misguided Regulators Target Payments Disruptors

July 01, 2013 02:36 PM

California's financial regulator has baffled observers by sending a cease-and-desist warning letter to the Bitcoin Foundation. Did the Golden State's bureaucrats blindly send out letters to any organization it could find with the word bitcoin in its name?

Tags

Trending

Contactless payments

Amex increases contactless transaction limits in 26 more countries

American Express has added 26 Caribbean nations to the list of countries where it’s raised the ceiling on contactless transactions that may be conducted without PINs, to reduce consumers’ exposure to touching PIN pads.

By Kate Fitzgerald

30m ago
Remittances

Why Western Union, MoneyGram may have to merge to survive the coronavirus crisis

The coronavirus pandemic has made paper money literally a dirty word, causing a rush to digital payments that may be too fast for Western Union and MoneyGram to keep up with as separate companies.

By John Adams

1h ago
Real-time payments

DBS Bank India delivers real-time payments to country's trucking industry

DBS Bank India is offering a real-time digital payment service for truck drivers and supply chain companies that generally have round-the-clock operations and large transaction volume to cover employee expenses.

By David Heun

1h ago