Bitcoin Breakdown: Could Bitcoin Move Beyond Payments?
Though bitcoin is known predominantly as a currency and payment method, the blockchain technology behind it has the potential to be a disruptive force to the financial system, according to a new report from research and consulting firm Celent.
Bitcoin Breakdown: Canada First Nation to Regulate Bitcoin
Canada gave royal assent to Bill C-31 last week, becoming the first country to regulate Bitcoin and other virtual currencies. Some nations have weighed in on Bitcoin on a case-by-case basis, including a recent ruling by the Internal Revenue Service, while others, including Japan, are taking a wait-and-see attitude. Not Canada.
European Treasurers Share Concerns over Bitcoin
Last week at the annual General Assembly of the Association of Corporate Treasurers—Suisse Romande (ACTSR) in Geneva, Switzerland, a representative from the Bitcoin Foundation gave a presentation on Bitcoin. The presentation led to a candid discussion among European treasurers about the controversial virtual currency.
Attracting and Retaining Treasury Staff in a Time of Uncertainty
Several factors are contributing to the current state of uncertainty in the U.S. economy. How can corporates navigate those challenges as they attempt to develop and maintain an effective treasury staff?
December 2013 Payments Newsletter
This month, we received the ruling on Visa’s and MasterCard’s multibillion dollar settlement over interchange. While the settlement was approved, many retailers are still opposed to it and plan to appeal. Also this month, we review a recent Senate hearing on bitcoin and virtual currencies, which Payments attended.