Cryptocurrency

Cryptocurrency
Parsing Andreesen’s Newest Big Bet On Crypto
June 24, 2021

The phrase “radically optimistic” may recall — at least it does to us — another two-word soundbite from market surges long ago: irrational exuberance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
From Race Track To Real Life, Bitcoin And Other Crypto Crashes Are Unavoidable
June 22, 2021

Call it the crash before the crash. At this writing, bitcoin has breached an important psychological level, below $30,000.  Dogecoin is down more than 20 percent, and now can be had for 17 cents. Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
Circle: Cryptocurrencies Can ‘Complete’ The Financial Services Ecosystem
June 22, 2021

There’s no question that cryptocurrencies have become a policy hot spot, well beyond the scrutiny of speculation and volatile price swings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
French National Bank Experiments With CBDC
June 21, 2021

The Banque de France has been working on a central bank digital currency (CBDC) experiment, a press release said Monday (June 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
Official: Israel Held A Test Run For A Digital Shekel
June 21, 2021

Bank of Israel Deputy Governor Andrew Abir said at an event that the country held an experimental run of a so-called digital shekel token, The Jerusalem Post reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
Bitcoin Drops As China’s Crypto Crackdown Continues
June 21, 2021

China has called together representatives from its biggest banks to reinforce a ban on providing cryptocurrency services, Bloomberg reported Monday (June 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
China Speeds Toward CBDC Future Despite Crypto’s Murky Advantages
June 21, 2021

We’re inching toward central bank digital currencies (CBDCs) making the leap from concept to reality, but speed bumps (as you might call them) abound. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
ECB Says Digital Euro Would Protect Privacy
June 20, 2021

The European central banker in charge of the creation of a digital version of the euro said such a currency would both protect the privacy of consumers and shield member states in the monetary union from the loss of monetary sovereignty that comes with growing...

Cryptocurrency
China-Owned Commercial Bank Allows Digital Yuan-To-Cash Conversions At ATMs
June 20, 2021

The Chinese government-owned Industrial and Commercial Bank of China and the Beijing branch of the Agricultural Bank of China are allowing customers to exchange digital renminbi and the cash version of the currency, the Xinhua Finance news service reported. Get the Full Story Complete the...