Cryptocurrency and payment firm MobileCoin has teamed up with stablecoin platform Reserve to make a new stablecoin called Electronic Dollars (eUSD), which will focus on protecting users’ private transactional data, Coindesk wrote. Get the Full Story Complete the form to unlock this article and enjoy...
With a collateral pool of digital assets worth about $10.5 billion, MakerDAO, the Decentralized Autonomous Organization (DAO) that administers the DAI cryptocurrency, has become an important force in the Decentralized Finance (DeFi) and wider crypto ecosystem. Get the Full Story Complete the form to unlock...
Cleveland Federal Reserve President Loretta Mester said that even if the U.S. does not issue a central bank digital currency (CBDC), the Fed’s study of the technology will pay dividends. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Portugal wants to begin taxing digital currency gains on purchases held for less than a year, according to a proposal in the country’s 2023 budget. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Starbucks made big new last month when it added an NFT component to it vast Starbucks rewards loyalty program, but it’s far from the only big brand jumping onto the growing NFT bandwagon with both feet. Get the Full Story Complete the form to unlock...
After losing $10 billion in three months, Circle’s dollar-pegged stablecoin USD coin (USDC) is inching back following the coin’s rise that benefitted from Terra’s collapse in May and the subsequent fallout of the overall market. Get the Full Story Complete the form to unlock this...
The Financial Stability Board (FSB) is looking at stablecoins as one way of achieving its goal of cutting the cost and time required to make cross-border payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Binance Holdings founder and CEO Zhao “CZ” Changpeng has said the exchange could spend over $1 billion on acquisitions and investments, even in spite of the ongoing crypto winter, Bloomberg wrote. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Cryptocurrency including Bitcoin was allegedly used to launder more than $5.35 million for a drug trafficking organization in a conspiracy that included the reported distribution of counterfeit pharmaceutical pills and other controlled substances. Get the Full Story Complete the form to unlock this article and...
