Cryptocurrency

Cryptocurrency
India Begins To Consider A CBDC
July 22, 2021

The Reserve Bank of India (RBI) has begun thinking about doing a “phased introduction” of a central bank digital currency (CBDC), amid legal changes needed for that country’s foreign exchange and information technology rules, Bloomberg writes. Get the Full Story Complete the form to unlock...

Cryptocurrency
Issuers Rush To Meet Consumer Demand For ‘Cash Back’ Crypto Cards, Despite Volatility And Risk
July 22, 2021

It’s not quite cash back – not really as liquid as real cash – but the cryptos-as-rewards premise may be enough to boost those digital offerings more fully into mainstream commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
NEW PYMNTS DATA: 60 Pct Of Cryptocurrency Users Want Merchants To Offer Payment Discounts, Rewards
July 22, 2021

The Cryptocurrency Payments Playbook: Cryptocurrencies Gain Momentum As A Payment Option, a PYMNTS and BitPay collaboration, examines the key drivers behind the surge in consumers’ interest in using cryptocurrency as a payment method for both digital currency holders and nonholders and explores what it might...

Cryptocurrency
Musk, Dorsey On Bitcoin: Currency Of The Future … Or ‘Pump’
July 21, 2021

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, you agree to receive marketing communications from PYMNTS and...

Cryptocurrency
Circle Squares Transparency On Dollar Reserves
July 21, 2021

In the bid to bring cryptocurrencies ever more into the mainstream — in retail use cases and commercial ones — the competition has been shaping up to be one between cryptos like bitcoin, stablecoins and central bank digital currencies (CBDCs). Get the Full Story Complete...

Cryptocurrency
Escalating Fears Over Delta Variant Lead To Bitcoin Decline
July 20, 2021

Ongoing concerns over the spread of the COVID-19 Delta variant have led to bitcoin’s largest decline in four weeks, below $30,000, according to a Tuesday (July 20) report in CoinDesk. Bitcoin sellers were active in Asia Tuesday morning, according to the report. Get the Full...

Cryptocurrency
US Treasury’s Janet Yellen Presses For Stablecoin Regulations
July 20, 2021

U.S. Treasury Secretary Janet Yellen told regulators it is critical that the government establishes and adopts a framework for digital currency stablecoins, Reuters reported on Tuesday (July 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
Adopting A ‘Cryptocurrency Strategy’ Will Only Succeed If It Includes A Compliance Strategy
July 20, 2021

In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look like as recovery rolls on and the next iteration of normal rolls out. In this excerpt, Eden Doniger, general counselor...

Cryptocurrency
People’s Bank Of China Says Almost 25 Million eWallets Opened To Use Digital Yuan
July 18, 2021

There was a total of $5 billion in transactions with China’s new central bank digital currency (CBDC) by the end of June, the Peoples’ Bank of China said in a new report. Get the Full Story Complete the form to unlock this article and enjoy...