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
Gensler: SEC Is Coming for Crypto Exchanges
January 20, 2022

Securities and Exchange Commission (SEC) Chair Gary Gensler is making another push to bring cryptocurrency exchanges within his agency’s remit. 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
Russia’s Central Bank Proposes Banning Crypto
January 20, 2022

Comparing the digital coins to a pyramid scheme, Russia’s central bank has called for an outright ban on cryptocurrency. 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...

Cryptocurrency
SEC Chair: Crypto Will Be a 2022 Priority
January 20, 2022

The head of the Securities and Exchange Commission says cryptocurrency exchanges will be a chief focus on his agency’s crackdown on digital assets this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
3 Ways Multinational Firms Use Crypto
January 19, 2022

PYMNTS research into cryptocurrency has found that 58% of firms that operate in six or more markets use at least one cryptocurrency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
PYMNTS DeFi Series: How to Buy an NFT in 19 Easy Steps
January 19, 2022

Welcome to PYMNTS’ series on nonfungible tokens (NFTs), the newest craze in cryptocurrency. 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 newsletter, PYMNTS Today....

Cryptocurrency
SoFi Bank Charter Ruling Signals Crypto Still Off Limits for Banks
January 19, 2022

In a ruling that has big implications for banks’ ability to use stablecoins as payment tools, the Office of the Comptroller of the Currency (OCC) announced in a Tuesday (Jan. 18) press release that FinTech lender SoFi will be allowed to buy a Federal Deposit...

Cryptocurrency
BNY Mellon CFO: U.S. Regulators Must Clarify Crypto Rules
January 19, 2022

More certainty is needed on regulations for cryptocurrency and other digital assets given the lack of information, a BNY Mellon Corp. executive told Reuters on Tuesday (Jan 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
Regulator: EU Should Ban Crypto Mining Method That Uses Large Amount of Energy
January 19, 2022

The vice chairman of a European Union regulator has called on the 27 member states to prohibit energy-intensive cryptocurrency mining, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
Tokens.com Debuts Hulk Labs to Invest in Crypto Gaming, NFTs
January 18, 2022

Tokens.com has debuted a new subsidiary called Hulk Labs, which is focused on investing in play-to-earn (P2E) revenue-generating gaming tokens and non-fungible tokens (NFTs), according to a Tuesday (Jan. 18) press release. Get the Full Story Complete the form to unlock this article and enjoy...