Cryptocurrency

A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

(source: en.wikipedia.org)

Cryptocurrency
Circle Getting Closer to Applying for Digital Bank License
April 13, 2022

Circle Internet Finance says it’s getting close to applying to become a digital bank in the U.S., even as regulators make it harder for crypto companies like Circle to gain banking licenses. Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
Today in Crypto: Crypto.com Hires Former US Regulator and Prosecutor to Head Financial Crimes Unit;...
April 12, 2022

Crypto.com has hired an ex-Washington regulator and federal prosecutor to oversee efforts to make sure the platform isn’t being used for illicit acts like terrorism financing and fraud, a Wall Street Journal report said Tuesday (April 12). Get the Full Story Complete the form to...

Cryptocurrency
Crypto Developer Gets 5-Year Sentence for Helping N. Korea Skirt Sanctions
April 12, 2022

Here’s a tip: If you’re going to go give a speech on crypto at a conference run by a country under stiff sanctions, maybe don’t post your visa on Twitter. Especially after the State Department has denied you permission to. Get the Full Story Complete...

Cryptocurrency
Philippines Shows Promise of Crypto Payments in Developing Countries
April 12, 2022

The big news from Philippines-based Voyager Innovations, owner of the FinTech PayMaya and neobank Maya Bank, is the $210 million venture round announced today (April 12), turning the company into a $1.4 billion unicorn. Get the Full Story Complete the form to unlock this article...

Cryptocurrency
With Payment Protocol, BitPay Looks to Automate Crypto Wallets, Eliminate Errors
April 12, 2022

When cryptocurrency payments processor BitPay set out to build a better customer payment experience for crypto wallets, one of the features included was the ability to send the transaction data back to its servers to ensure payment details were accurate and sufficient fees were applied...

Cryptocurrency
Ark Invest’s Cathie Wood Bets Cash App Will Win Bitcoin Payments
April 11, 2022

Bitcoin-friendly Ark Invest has sold off its PayPal holdings in favor of Cash App, and Bitcoin is behind the decision. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
Today in Crypto: BitMEX Co-Founder Forecasts Bitcoin to Fall to $30K; Crypto Market Reports Largest...
April 11, 2022

Crypto trading volumes at big Indian exchanges have gone way down since April 1 when a new crypto profit tax went into effect, CoinDesk reported Monday (April 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
India Boots Coinbase From Payments Interface Days After It Enters Market
April 11, 2022

India may not have banned cryptocurrency outright, as threatened, but the government is certainly making life hard for exchanges trying to service its would-be buyers and traders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
As States Battle for Crypto Industry Dollars, Regulatory Race to the Bottom Starts
April 11, 2022

From Florida to Wyoming and in 80% of state capitals, pro-cryptocurrency legislation is roaring ahead, propelled by the twin engines of a race to attract the jobs and investment that the young but cash-rich industry is dangling on the one hand and a vacuum of...