Cryptocurrency

Cryptocurrency
Bank Of England Chief Sees Bank-Backed Digital Currency On Horizon
July 13, 2020

The Bank of England (BoE) continues to send bullish signals about the potential for bank-backed digital currency, but anyone hoping for a quick launch is likely to be disappointed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
FATF: Stablecoins Could Be The Currency Of Choice For Money Launderers, Terrorists
July 10, 2020

Stablecoins, the virtual currencies which seek price stability, could be the next target for money laundering and terrorist financing, a report found. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
DC Bar: Lawyers Allowed To Take Digital Currency As Payment
July 01, 2020

Washington D.C. lawyers will be allowed to accept cryptocurrency as payment, according to an opinion by the District of Columbia Bar. 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
EU To Crack Down On Stablecoin Projects
June 28, 2020

The European Union (EU) is preparing to update its cryptocurrency rules that could make it more difficult for stablecoin projects, such as Facebook Inc.’s proposed Libra, CoinDesk reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
New York To Ease Cryptocurrency Regulations
June 25, 2020

It will be easier for New York cryptocurrency businesses to launch in New York, thanks to a plan by regulators that would ease licensing rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
KuCoin P2P Fiat Market Adds USD Support For Crypto Purchases
June 24, 2020

To let traders purchase digital currencies, such as BTC, USDT and ETH, via U.S. dollars (USD) through PayPal in addition to other payment methods, the KuCoin cryptocurrency exchange said that USD support has been added to its P2P Fiat Market, according to an announcement. Get...

Cryptocurrency
PayPal Reportedly To Offer Direct Crypto Sales
June 22, 2020

PayPal will offer direct cryptocurrency sales for customers, CoinDesk reports. 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...

Cryptocurrency
Bitcoin Daily: SEC Freezes Crypto Fund Touting 100 Pct Returns
June 22, 2020

The Securities and Exchange Commission has filed a lawsuit to freeze the assets of two brothers allegedly engaged in “an offering fraud” and in misappropriating investor funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
Bank Of Thailand Plans Digital Payments System Prototype
June 19, 2020

The Bank of Thailand plans to work on a new payment system for businesses using Central Bank Digital Currency (CBDC), according to a press release, which will be a step toward readying the business sector for the digital age. Get the Full Story Complete the...