Square is working on a hardware wallet for cryptocurrency and is putting together a team of engineers to get the process started, Reuters reported on Friday (July 9), citing tweets from Square Hardware Lead Jesse Dorogusker. Get the Full Story Complete the form to unlock...
China’s expanding digital yuan trial is now open to 10 million people, all of whom are hoping to be part of the historic launch of a virtual currency backed by a central bank, Bloomberg reported Thursday (July 8). Get the Full Story Complete the form...
The latest entrant to the SPAC parade has all the buzz of crypto and blockchain, but is rooted in the dollar and in stablecoins. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Visa said it had struck partnerships with more than 50 cryptocurrency platforms and exchanges to allow end-users to spend digital currencies at 70 million merchants globally via crypto-linked cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Visa said Wednesday that its cryptocurrency-backed credit card is growing in popularity. The company’s chief financial officer told CNBC today that users of the card had spent more than $1 billion worth of cryptocurrency globally on goods and services in the first six months of...
Global payments firm InComm Payments says it is working with Flexa to offer customers an easier way to accept digital currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The sales volume for non-fungible tokens (NFTs) hit $2.5 billion in the first six months of this year, up from a total of $13.7 million in all of 2020, Fox News reported, citing data from the NFT marketplace OpenSea and other marketplace data. Get the Full Story Complete...
New legislation passed by the Ukrainian parliament addressed central bank digital currency (CBDC) and determined that it was functionally equal to cash or other payment tools, Coindesk reported on Thursday (July 1). Get the Full Story Complete the form to unlock this article and enjoy...
As banks get further into crypto, it is hard to not see that evolution as validation for digital currencies and the world’s fastest-growing new asset class. At least that is the conventional wisdom in the wake of a number of deals among providers to bring...
