Cryptocurrency

Cryptocurrency
Payments App KurePay to Suspend Services in Nigeria Next Year Amid Crypto Crackdown
November 24, 2021

KurePay, the Nigerian payments app, is reported to be suspending its services in the country over crypto exchange crackdowns, a report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
What Senate Banking Committee Chair Sherrod Brown Should Be Asking Tether
November 24, 2021

The chairman of the Senate Banking Committee sent the issuers of a half-dozen stablecoins letters Wednesday (Nov. 24), demanding they explain how their tokens are minted and redeemed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
Gaming Platform The Sandbox Nets 25% Boost in SAND Token After Adidas Mention
November 24, 2021

The virtual world of The Sandbox saw an actual 25% windfall in the value of its SAND token after a social media post from sneaker maker Adidas referenced a partnership between the two companies, CoinDesk reported Wednesday (Nov. 24). Get the Full Story Complete the...

Cryptocurrency
Authoritarian Central Banks Can be Very Good for Bitcoin, Until They’re Not
November 24, 2021

Look at how bitcoin performed overnight in Turkey and India, and you’ll get an excellent picture of how an authoritarian central bank can be very good for crypto, until it is very bad. Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
Senate Wants Answers from Tether CEO 
November 24, 2021

U.S. Senate Banking Committee chairman Sherrod Brown recently sent a letter to Tether Holdings Limited CEO Jean-Louis van der Velde expressing concerns about stablecoins and seeking answers by next month.   Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
‘Lord Of The Rings’ Author’s Estate Proves One Token Does Not Rule Them All 
November 24, 2021

The estate of “Lord of the Rings” author J.R.R. Tolkien won a legal victory over a purported copyright infringement stemming from the creation of a “JRR Token,” which referenced iconic lines from the beloved fantasy novel on its website, according to a Tuesday (Nov. 23)...

Cryptocurrency
Crypto Payments are Back on the Bargaining Table for Stripe After Dropping Bitcoin in 2018
November 24, 2021

Stripe is reconsidering accepting cryptocurrency for payments after ending support for bitcoin in 2018, Stripe Co-founder and President John Collison said at the Fintech Abu Dhabi festival this week during a panel moderated by CNBC. Get the Full Story Complete the form to unlock this...

Cryptocurrency
Counting Bitcoins: OneRepublic First Major Artist Paid in Bitcoin for Vienna Show
November 23, 2021

The “Counting Stars” band OneRepublic performed last week just outside of Vienna and was paid entirely in bitcoin, the first American major artist to accept cryptocurrency, according to multiple reports Monday (Nov. 22). Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
Is Square’s Focus on Bitcoin at Odds With its Goal to Deliver Financial Inclusion?
November 23, 2021

Square has always put financial inclusion is at the heart of its mission. Whether it can get there on bitcoin alone is another question. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...