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
RBC Says Apple Pay Should Include Crypto Functionality
February 08, 2021

RBC Capital Markets said Apple would benefit by developing a crypto exchange out of its Apple Wallet, Bloomberg reported. 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
Could Iran, Nigeria Bitcoin Crackdowns Bode Ill For Crypto?
February 08, 2021

In Iran, power to the people – or at least to the bitcoin miners. Literally, and at the expense of everyone else. And in Nigeria, it’s not quite curtains for the cryptos, but the picture may be getting just a bit bleaker. All of which may set central...

Cryptocurrency
Musk’s Tesla Latest Public Company To Go All In On Crypto
February 08, 2021

On Wall Street, it’s called “talking up one’s book,” where an investor or speculator promotes their holdings in an effort to spur others to buy those holdings – ideally, driving up the price. It may be a case of putting one’s proverbial money where their...

Cryptocurrency
Trust The Technology: Decentralized Finance Drives Birth Of New Internet Credit Markets
February 08, 2021

Imagine a world in which moving money is as easy as sending an email or a text message, without an institution as the intermediary or a regulator as the watchdog. As Circle CEO Jeremy Allaire told Karen Webster, it’s a world that exists today mostly...

Cryptocurrency
Nigeria’s Central Bank Closes Crypto Accounts Citing Threats To Financial Stability
February 07, 2021

In a letter Friday (Feb. 5), the Central Bank of Nigeria (CBN) ordered financial institutions (FIs) and deposit money banks (DMBs) to close crypto-related accounts immediately. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
IBM Shows Enterprise Blockchain’s Bumpy Path From Concept To Reality
February 04, 2021

In business, as in life,  things don’t always work out. 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
USDC Stablecoin Now Available On Stellar’s Decentralized Exchange
February 03, 2021

Stablecoin USDC is now live on the Stellar network, according to an announcement from FinTech firm Circle and the Stellar Development Foundation (SDF). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Visa: Crypto API Program Makes Crypto An Economic Empowerment Tool
February 03, 2021

Amid the wild price swings, amid the fits and starts toward mainstream acceptance, might cryptocurrencies be the bridge toward financial inclusion — helping underserved populations improve their financial education, building wealth in the process? Get the Full Story Complete the form to unlock this article...

Cryptocurrency
Ripple Files Response To SEC Complaint Over XRP Sales
January 31, 2021

Ripple has responded to a lawsuit against it, saying that the Securities and Exchange Commission (SEC)’s opinion that its XRP cryptocurrency is a security is false, a filing says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...