Gilded, which automates crypto payments and accounting, has rolled out a technology called Mass Pay that lets companies pay as many as 500 staffers at a single time in Ethereum-based digital currencies like stablecoins, according to a Tuesday (April 20) announcement. Get the Full Story...
Tuesday (April 20) was supposed to be a red-letter day of sorts for Dogecoin, the cryptocurrency that has its roots as an internet sensation – chiefly as a joke – and has grown to be a phenomenon. Get the Full Story Complete the form to...
WeWork has begun accepting some forms of cryptocurrency for inbound and outbound transactions, the shared office space provider announced on Tuesday (April 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Facebook-backed digital currency project Diem could launch its first stablecoin in 2021 as a small-scale pilot, CNBC reported on Tuesday (April 20), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Regulation straddles the fine line between art and science — and getting the right mix of “spirit” and “letter” of new codes of conduct and operations, for businesses at least, is seldom a seamless process. Get the Full Story Complete the form to unlock this...
PayPal’s peer-to-peer (P2P) payment app Venmo is now offering its estimated 77 million users an entrée into the cryptocurrency arena, the company said in a press release on Tuesday (April 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In crypto-land, we’ve gone from flash crash to flashing warning signs. On Wall Street, loosely speaking, a “flash crash” takes place when the value of a holding – an equity, a bond, a commodity – loses ground with speed. Prices plummet, and then, seemingly just...
China launched a digital yuan trial last year in cities including Suzhou, Shenzhen, Chengdu and Xiong’an. Now, China may trot out the central bank digital currency (CBDC) pilot for the 2022 Beijing Winter Olympics by giving foreign athletes and visitors a chance to use it....
The U.K.’s treasury chief, Rishi Sunak, has dubbed a possible digital pound the “Britcoin,” and said the Bank of England and the Treasury Department would look into the benefits of setting up a central bank digital currency, Reuters reported on Monday (April 19). Get the...
