Cryptocurrency

Cryptocurrency
Singapore Monetary Authority Says In No Rush For CBDCs
November 09, 2021

People should approach high-risk cryptocurrency investments with great trepidation, Ravi Menon, managing director of the Monetary Authority of Singapore (MAS) said in a speech at the Singapore Fintech Festival on Tuesday (Nov. 9). The annual conference runs through Friday (Nov. 12). Get the Full Story...

Cryptocurrency
Bank of England Governor Warns of Crypto Used in Cybercrime
November 08, 2021

Bank of England Governor Andrew Bailey said surging cryptocurrency use is a boon for illicit activity, Reuters reported. 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...

Cryptocurrency
Mastercard Launches Crypto-Linked Payment Cards in APAC
November 08, 2021

Mastercard announced on Monday (Nov. 8) that it has partnered with three leading digital currency companies across Asia-Pacific to launch crypto-linked payment cards. As a result of the partnerships with Amber, Bitkub and CoinJar, consumers and businesses in the APAC region will be able to...

Cryptocurrency
Big Banks Will Soon Consider Crypto, Ex-Citi CEO Says
November 08, 2021

It won’t be long before the world’s banks begin thinking about trading cryptocurrencies, the former CEO of Citigroup said at a recent FinTech event. The moment will come in the next few years, Vikram Pandit told the Singapore Fintech Festival, per Bloomberg News. Get the...

Cryptocurrency
Cryptocurrency Hits $3T in Value, a New Milestone  
November 08, 2021

Cryptocurrency has grown fourfold in 2021 and is now valued at upwards of $3 trillion, according to a Monday (Nov. 8) Bloomberg report.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Wells Fargo, JPMorgan, Goldman and Others Ramp up Crypto Staffs
November 07, 2021

Wall Street leaders who scorned bitcoin over a decade ago are now looking more intensively at crypto recruits, Bloomberg writes. 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
Kroger Says It Is Not Accepting Bitcoin Cash
November 05, 2021

Despite what many people may have read, Kroger is not going to start accepting Bitcoin Cash. 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...

Cryptocurrency
El Salvador Pours Bitcoin Profits Into Health and Education Amid Ongoing Chivo Wallet Fraud Furor
November 05, 2021

After President Nayib Bukele “bought the dip” and purchased 420 additional bitcoins for about $25 million last week, El Salvador now has 1,100 coins, up from the first 400 announced in early September when it became the first country first in the world to make...

Cryptocurrency
BoA COO Sees Value in Crypto for Banks 
November 05, 2021

Bank of America chief operating officer Tom Montag said at a Chainalysis event Thursday (Nov. 4) in New York City that some parts of the blockchain and cryptocurrency could enhance banks’ value.  Get the Full Story Complete the form to unlock this article and enjoy...