Banks have been getting louder and louder about their opposition to central bank digital currencies (CBDCs) like the digital dollar over the course of 2022, making clear that they see CBDCs as an existential threat that could disintermediate them from their customers, and the deposits...
The South African grocery retailer Pick n Pay announced Tuesday (Nov. 1) that it has completed the first phase of a pilot that allows customers to pay in-store using the Lightning Network bitcoin payment protocol. Get the Full Story Complete the form to unlock this...
In the midst of the “crypto winter,” cryptocurrency financial services company Galaxy Digital is reportedly going to cut at least 20% of its global workforce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
MoneyGram is expanding its money management tools to cryptocurrency with a new in-app service. 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 to our daily newsletter, PYMNTS...
Visa is joining forces with Crypto.com to create and promote a series of NFTs inspired by the upcoming World Cup tournament, the company announced Tuesday (Nov. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
While using crypto to make payments isn’t exactly common yet, there are signs that consumers’ desire to pay with digital assets is still strong despite the downturn of the crypto winter. Most notably, more merchants are starting to accept it, and more FinTechs are starting...
China put in a mighty showing in blockchain data firm Chainalysis’ annual Global Crypto Adoption Index, landing a 10th place ranking despite the country’s total ban on crypto trading. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
People’s Bank of China Governor Yi Gang has reportedly said that the country’s centralized digital yuan (e-CNY) should protect privacy but should not be as anonymous as cash. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Cryptocurrency crime regulation has reached international attention, according to UN officials on Monday (Oct. 31). 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 to our daily newsletter,...
