Thailand is moving rapidly toward testing a central bank digital currency (CBDC) and does not want any private competition in the payments sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
When South Africa-based cryptocurrency exchange Luno discovered that many of its clients were being targeted by a project that promised investors returns so large that it was almost certainly a fraud, it did something that seems like basic common sense for any financial firm: It...
Federal Reserve Chairman Jerome Powell said in a press conference on Wednesday (Dec. 15) that he doesn’t think cryptocurrencies are a concern for financial stability, calling them “really speculative assets,” per a MarketWatch report. Get the Full Story Complete the form to unlock this article...
As of Dec. 1, venture capital has poured more than $27 billion into cryptocurrency and blockchain start-ups — and that’s before institutional bloker NYDIG announced it had raised a unicorn round of $1 billion on Tuesday (Dec. 14) and Crypto Bank Anchorage said Wednesday it...
In the same way PayPal revolutionized online person-to-person (P2P) payments and eCommerce, Ramp is looking to have the same impact with its cryptocurrency payment infrastructure platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Interaction gaming software firm Nexon America, a subsidiary of Nexon Co., is partnering with bitcoin payment service provider BitPay to enable users to purchase in-game items with cryptocurrencies as well as dollars, according to a press release on Tuesday (Dec. 15). Get the Full Story...
The U.K. Advertising Standard Authority (ASA) issued rulings against seven of the sector’s biggest firms, including Coinbase and eToro, for misleading and irresponsible ads promoting crypto investments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Block has debuted a new Cash App feature to allow users to gift in stock or bitcoin this holiday season, per a Money.com report Tuesday (Dec. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
One of the biggest moments at the Senate Banking Committee’s stablecoin hearing Tuesday (Dec. 14) was a declaration by Sen. Elizabeth Warren (D-Mass.) that decentralized finance, or DeFi, is “the most dangerous part of the crypto world.” Get the Full Story Complete the form to...
