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
U.K. Treasury Increasing Cryptocurrency Ad Regulations
January 18, 2022

The U.K. Treasury said Tuesday (Jan. 18) that it plans to regulate cryptocurrency advertising like other financial products and ensure that promotions are “fair, clear and not misleading,” according to a Bloomberg report. Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
Crypto Exchange BitMEX to Buy 268-Year-Old German Bank to Deliver ‘Banking 2.0’
January 18, 2022

The CEO and CFO of the BitMEX cryptocurrency derivatives exchange announced in a Tuesday (Jan. 18) blog post that they have reached an agreement to buy a 268-year-old German bank in order to establish “a one-stop shop for regulated crypto products in Germany, Austria and...

Cryptocurrency
CFO: Robinhood Will Wait on Regulators Before Adding Shiba Inu Crypto, Others
January 17, 2022

Robinhood Chief Financial Officer Jason Warnick said he was aware of the demand for more cryptocurrencies to be added to the platform, but added that the company didn’t want to jump the gun, Bitcoin.com reported Sunday (Jan. 16). Get the Full Story Complete the form...

Cryptocurrency
India’s Prime Minister Calls for Global Action on Crypto
January 17, 2022

Comparing the digital currency to inflation and climate change, Indian Prime Minister Narendra Modi has called for worldwide action on cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
Singapore’s MAS: Crypto Firms to Curtail Public Advertising
January 17, 2022

The Monetary Authority of Singapore (MAS) has handed down guidelines advising cryptocurrency firms to curtail advertising its services to the public, according to a MAS statement on Monday (Jan. 17). The guidelines cover a wide range of businesses, including banks, payment service providers and crypto...

Cryptocurrency
In Winning DeFi, Circle’s USDC Shows It Can Be the No. 1 Stablecoin
January 17, 2022

Circle’s USD Coin (USDC) is winning the stablecoin war. 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. By completing this form,...

Cryptocurrency
BitPay Sees Consumer Crypto Payments Growing Beyond Bitcoin
January 17, 2022

As merchants and consumers become more familiar with cryptocurrencies and the number of ways to use them commercially expands, bitcoin is losing its dominance as the payment coin of choice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
As Crypto Grows, BitPay COO Sees a Moment When FIs Must Lead or Fall Behind
January 17, 2022

After a couple of years in which corporate crypto strategies were driven more by hype and fear of missing out than focused strategies designed to take advantage of the opportunities that crypto brings to the world of payments, the change is finally coming. Get the...

Cryptocurrency
Rio de Janeiro Plans Crypto Investments
January 16, 2022

Rio de Janeiro is planning on investing in cryptocurrency, according to a Sunday (Jan. 16) Bitcoin.com report, with Mayor Eduardo Paes saying they’ll “launch Crypto Rio and invest 1% of the Treasury in cryptocurrency.” Get the Full Story Complete the form to unlock this article...