Shwe Bank is teaming up with Everex for a remittance system based on the blockchain, Cryptovest reported. The bank plans to gear the service toward migrant workers from Myanmar who live in Thailand, with the idea of providing an alternative to more unofficial channels. As...
Mistertango found that 88 percent of crypto exchanges do, in fact, want regulation in the industry, Cryptovest reported. At the same time, however, 17 percent of the exchanges surveyed think that the biggest threat to the crypto industry is regulation that is too strict. Get...
All things white hot … cool down. To put it another way, might the additions of links to the blockchain be slowed a bit? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Coinbase has named a new chief compliance officer to help guide the cryptocurrency exchange through the regulatory landscape, Reuters reported. The new hire, Jeff Horowitz, was previously Pershing’s global head of compliance. Get the Full Story Complete the form to unlock this article and enjoy...
After beginning to recover from a months-long slide, bitcoin prices once again showed signs of weakness on Monday (July 30) after Goldman Sachs warned in a research note that the recent turnaround in prices will be short-lived, according to reports. Sharmin Mossavar-Rahmani, chief investment officer of...
Iran is reportedly gearing up to create its own national digital currency, Fortune reported. According to reports, a plan is in the works to “create an indigenous cryptocurrency.” In addition, the country’s central bank was reportedly creating the cryptocurrency with the help of “domestic knowledge-based...
The U.S. Securities and Exchange Commission earlier this week stood by its move to stop a bitcoin exchange-traded fund, citing “unpersuasive” arguments as to how the ETF would be protected from any market manipulation. Get the Full Story Complete the form to unlock this article...
Skrill is now allowing users to buy and sell crypto such as bitcoin, bitcoin cash and Ether, according to reports. When users make a transaction, Skrill uses a crypto exchange to buy and hold the digital currency. As of now, the feature is reportedly available...
The move to bring blockchain beyond cryptocurrency confines — and toward more commercial use cases — continues, with far-flung projects making headlines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
