U.S. Treasury Secretary Janet L. Yellen has convened top financial markets advisors and regulators to discuss the potential — both good and bad — of stablecoins, her office announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The People’s Bank of China (PBOC) is evaluating use of the digital yuan for cross-border payments and is open to discussions about developing worldwide principles with the international monetary system, Reuters reported on Friday (July 16), citing a white paper. Get the Full Story Complete the form...
Square is working on a new platform for decentralized finance (DeFi), Bloomberg 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 our daily newsletter, PYMNTS Today....
In world that is literally filled with crypto volatility and speculation, Europe’s appetite for something that is more stable is understandable. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Binance froze for over an hour while the price of bitcoin and other cryptocurrencies fell — and now this has led to lawsuits, The Wall Street Journal (WSJ) reported Sunday (July 11). Get the Full Story Complete the form to unlock this article and enjoy...
The shot may have been fired across the bow for bitcoin-as-currency just a few weeks ago. El Salvador became the first country to accept the marquee cryptocurrency Bitcoin as legal tender. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Trading on major cryptocurrency exchanges fell by more than 40 percent in June, thanks in part to stricter regulations in China, new research shows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
China continues at a brisk pace on its long march to launching a digital currency. Trials for the central bank digital currency (CBDC) have taken place in such cities as Chengdu, Shenzhen and Suzhou. Get the Full Story Complete the form to unlock this article...
For central bank digital currencies to reach their full potential, banks must look beyond domestic use — and examine CBDCs’ risks and rewards for cross-border transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
