Credit card giant Visa has filed an application for a U.S. patent on a computer system that would convert physical dollars and other fiat currencies into digital versions, complete with denominations and serial numbers and recorded via blockchain. The system would then remove the paper currency from...
Singapore state investor Temasek Holdings is among three new members joining the Facebook-backed digital currency project Libra Association, according to a statement by Libra on Thursday (May 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Ledn Inc. has unveiled the rollout of a USD Coin (USDC) savings account with the help of Genesis, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The IRS is seeking to have contractors assist in auditing digital currency tax returns, according to a post on CryptoTrader.Tax‘s website. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The Bank of Mauritius is progressing toward providing a central bank digital currency (CBDC) per its governor, CoinDesk reported. 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...
U.S. Office of the Comptroller of the Currency (OCC) Chief Operating Officer Brian Brooks said he thinks digital currency firms could go under a federal licensing program in the event they offer what could be called payment services, CoinDesk reported. Get the Full Story Complete...
California lawmakers have introduced a bill that would attempt to more clearly define how cryptocurrency is meant to be treated, and definitively determine if it is an investment contract. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Seattle-based digital currency ATM company Coinme has brought in a $5.5 million investment as it experiences rising interest in its network, GeekWire reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Irish bitcoin ATM operator Boinnex found itself facing roadblocks from Allied Irish Banks (AIB), which shut down its account and said it didn’t want to deal with an unregulated form like cryptocurrency, according to CoinDesk. Get the Full Story Complete the form to unlock this...
