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
Mecum Auctions Now Takes Crypto Via BitPay For Collector Cars
May 17, 2021

Mecum Auctions, a collector car auction company, will be accepting cryptocurrency for payment, 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 logins required. yesSubscribe to...

Cryptocurrency
Cryptos, Crossing The Rubicon From Trading To Commerce
May 14, 2021

Bit by bit, coin by coin, cryptos are crossing the Rubicon from speculation, from trading on exchanges … toward everyday spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
NEW DATA: 46 Million Consumers Plan To Use Cryptocurrency To Pay Merchants
May 14, 2021

U.S. consumers see cryptocurrency as more than just a store of value: 46 million say they plan to use it to pay for everything from groceries to real estate. In the Cryptocurrency Payments Report, PYMNTS surveys 8,008 cryptocurrency users and nonusers in the U.S. to...

Cryptocurrency
Regulations Could Be In The Works For Stablecoins 
May 13, 2021

As the cryptocurrency landscape is likely to be altered, at least somewhat, by regulations and new debates over whether bitcoin and its alternatives are securities or tokens, the same regulatory gaze might be tightening around stablecoins. That begs the question about the difference between cryptos...

Cryptocurrency
Silvergate Bank To Issue Facebook-Backed Diem’s Stablecoin
May 12, 2021

The Diem Association, a nonprofit with strong ties to Facebook, has moved its main operations to the United States from Switzerland, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
Coinbase Tops App Store For First Time In Four Years
May 12, 2021

Coinbase’s app enjoyed a seat at the top of the Apple App Store Monday (May 10), the first time that’s happened to the crypto exchange in almost four years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
Coinme Brings Bitcoin To MoneyGram’s POS
May 12, 2021

Payments and money transfer service MoneyGram has announced a new partnership with crypto exchange Coinme to expand access to bitcoin. 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
Crypto Surge Eclipses ‘Real’ Economy As Coinbase Readies Earnings
May 12, 2021

There’s no surer sign of frenzy than when traders bid up prices of imaginary things to eclipse stalwarts of the real economy — the Fords of the world, the Visas, the JPMorgans. Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
Regulators Take Aim At Cryptos’ ‘Wild West’ Environment
May 10, 2021

This past weekend, a certain someone went on a certain Saturday night comedy show, and made an offhand, derisive remark about a certain cryptocurrency. The value plummeted about 30 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...