Cryptocurrency

A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

(source: en.wikipedia.org)

Cryptocurrency
El Salvador’s Risky Legal Tender Leap Into Bitcoin 
September 07, 2021

In for a penny, in for a pound, as they say. Or: In for bitcoin – and not just for a bit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
Regulator Concerns Force Binance to Remove Singapore Products
September 06, 2021

Binance, a cryptocurrency exchange that has been seeing backlash in numerous countries, has announced a restriction of its services in Singapore, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
NFT Marketplace OpenSea Sees $3.4B Transaction Volume in August
September 06, 2021

The nonfungible token marketplace OpenSea recorded a $3.4 billion transaction volume on Ethereum last month, a tenfold increase from July.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
South African Regulator FSCA Issues Warning on Binance
September 03, 2021

The Financial Sector Conduct Authority (FSCA), a South African financial institutions regulator, on Friday (Sept. 3) warned the public to be “cautious and vigilant” when undertaking transactions with cryptocurrency exchange platform Binance. Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
Dallas Mavericks Start Dogecoin Cash-Back Rewards Program
September 03, 2021

The Dallas Mavericks recently launched a cash-back rewards program to encourage fans to buy tickets and team gear using Dogecoin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
Crypto Exchange Uniswap Under SEC Investigation
September 03, 2021

Uniswap Labs, the main developer of one of the world’s largest cryptocurrency exchanges, is under investigation by the Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Singapore: Binance Lacks License to Offer Services
September 02, 2021

The Monetary Authority of Singapore said cryptocurrency exchange platform Binance Holdings Ltd. had been providing payment and business transaction services to Singapore’s residents without proper licensing, according to a Thursday (Sept. 2) Bloomberg report.  Get the Full Story Complete the form to unlock this article...

Cryptocurrency
Crypto.com Unveils Beta Recurring Payments Tool
September 01, 2021

Crypto.com on Wednesday (Sept. 1) launched a beta version of a recurring payments feature for the company’s Pay merchants. 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...

Cryptocurrency
BitPay CEO’s Crypto Prescription for New Regs: Go ‘Carefully And Cautiously’
September 01, 2021

The initial design of bitcoin was to be a payment method, a unit of currency. Along the way in the decade-plus since its creation by the anonymous creator/creators known as Satoshi Nakamoto, it evolved to become something quite different: something that people buy and trade...