Sweden’s central bank Riksbank said on Friday (May 28) that it is collaborating with lender Handelsbanken to test the digital currency e-krona, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The government of Dubai has announced that a so-called “DubaiCoin” digital token was not given the green light by “any official authority” and that promotions of the digital currency are a scam, according to a tweet. Get the Full Story Complete the form to unlock...
Chief executives from the biggest U.S. banks testified before the U.S. Senate Banking Committee on Wednesday (May 26) to express concerns about cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Bank of Mauritius is aiming to launch a central bank digital currency (CBDC) by the end of this year, CoinDesk reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The South African Reserve Bank (SARB) has begun a study to investigate how a central bank digital currency (CBDC) would work for general purpose retail use alongside cash, according to a press release. Get the Full Story Complete the form to unlock this article and...
Supply and demand is the cornerstone of economics. 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...
A month-long slump in bitcoin has drawn a lot of unwanted attention to the best world’s best-known cryptocurrency, but it has also scorched a lot of first-time investors who have entered the market at a particularly perilous time. Get the Full Story Complete the form...
Dubai is debuting a digital currency called DubaiCoin with an international starting price of $0.17 per coin, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
You could call it the crypto conundrum: the more volatile the crypto markets get, the more attention they garner from regulators in the U.S. and abroad who are eager to tamp down on this burgeoning asset class. But in doing so, regulators are also unwittingly...