Cryptocurrency

Cryptocurrency
Swedish Central Bank Working With Handelsbanken For Digital Coin Trial
May 28, 2021

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 —...

Cryptocurrency
Dubai Officials: ‘DubaiCoin’ Never Received Any Governmental Approval
May 28, 2021

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...

Cryptocurrency
Big Banks Express Caution Over Crypto At Senate Hearing
May 27, 2021

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...

Cryptocurrency
Bank Of Mauritius Looking To Launch CBDC Pilot This Year
May 26, 2021

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...

Cryptocurrency
South Africa’s Central Bank Starts Research On Retail-Focused Digital Currency
May 25, 2021

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...

Cryptocurrency
China’s Bitcoin Mining Crackdown Skews Crypto’s Basic Supply-Demand Economics
May 25, 2021

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...

Cryptocurrency
Burned By Bitcoin: How Crypto Has Scorched The Investors Who Can Least Afford It
May 25, 2021

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...

Cryptocurrency
Dubai Debuts Own Cryptocurrency Valued At $0.17 Per Coin
May 24, 2021

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...

Cryptocurrency
Bitcoin’s Woes Spark Gov’t Probes And Clear Way For CBDCs
May 24, 2021

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...