Payments provider Square has spoken out against a recent Financial Crimes Enforcement Network (FinCEN) rule that would require cryptocurrency service providers to keep more detailed records on bitcoin transactions as opposed to most other kinds of cash transactions. Get the Full Story Complete the form...
$20,000 seems so … long ago and far away. 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,...
Indian FinTech Cashaa and the country’s United Multistate Credit Cooperative Society teamed up to launch what they say is the world’s first cryptocurrency bank branch through a joint-venture bank called Unicas, according to a release. Get the Full Story Complete the form to unlock this...
This year is one for the history books for all sorts of reasons, not all of them bad. For cryptocurrencies, 2020 shaped up to be a banner year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
At a time when 90 percent of Americans have never owned bitcoin and nearly 70 percent say they have no plans to do so in the future, the thought of widespread adoption and usage of cryptocurrency seems to be a distant prospect for most people....
Digital currencies could render the SWIFT global payments network unnecessary, RT.com reported, citing the Central Bank of Russia (CBR). 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...
Bitcoin has had a good year despite numerous global challenges, becoming more popular than ever. But in doing so, it will now face more scrutiny from regulators, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The second trial of digital yuan by the People’s Bank of China has concluded, resulting in hundreds of thousands spent on eCommerce retail, food delivery and ride-sharing, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and...
If 2020 taught us anything about cryptocurrencies, it’s that they’ve reached a tipping point. Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
