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
Purse Shut, And The Case For Bitcoin Fades (A Bit More)
April 20, 2020

It might sense to think that bitcoin — that marquee name of cryptocurrency — would enjoy a shining moment, a chance to take root in commerce in a way that shows just how far we have come in transacting digitally, in living financial lives online....

Cryptocurrency
Revised Libra To Be Connected With Individual Country Currencies
April 16, 2020

With a revised version of the planned digital currency, Facebook‘s Libra will be supervised by worldwide watchdogs and connected to individual country currencies. The potential of the 2.5 billion users of Facebook using Libra has garnered regulatory scrutiny, Reuters reported. Get the Full Story Complete the form...

Cryptocurrency
Agricultural Bank Of China Tests App For Country’s Digital Currency
April 14, 2020

One of China’s state-owned banks has a mobile test app that supports the country’s central bank digital currency, according to a CoinDesk report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
G-20 Urges Unified Stablecoin Framework Ahead Of Facebook’s Libra
April 14, 2020

The Financial Stability Board (FSB) – the regulatory watchdog of the Group of 20 (G-20) – warned global regulators that possible stablecoin disruptions should be addressed before Facebook’s Libra is released, according to a consultation report released on Tuesday (April 14). Get the Full Story...

Cryptocurrency
Investors Hit Crypto Firms With Class-Action Lawsuits
April 06, 2020

Seven cryptocurrency issuers and four crypto exchanges are facing federal class action lawsuits. 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....

Cryptocurrency
CoinEx Teams With Simplex For Credit Card-Enabled Crypto Buys
March 31, 2020

Global cryptocurrency exchange CoinEx is partnering with fiat infrastructure provider Simplex to make it easier for investors to purchase cryptocurrency, the companies said in a statement on Tuesday (March 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
Crypto Up $14B In A Day As Bitcoin Gains 10 Pct
March 24, 2020

Following a mass sell-off as markets dropped due to the global coronavirus pandemic, cryptocurrency has rebounded more than $14 billion while bitcoin rallied, gaining 10 percent, according to a Tuesday (March 24) report. Alt coins Ethereum rose 7 percent and XRP was up 5 percent....

Cryptocurrency
JPMorgan Chase Settles Class-Action Suit Accusing Bank Of Overcharging Credit Fees On Digital Currency Buys
March 12, 2020

Plaintiffs in a case that alleged JPMorgan Chase charged clients too much for buying digital currencies with their credit cards have reportedly arrived at a settlement with the bank, CoinDesk reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
Bitcoin Rallies Above $8K After Two-Month Low
March 10, 2020

Bitcoin exceeded the $8,000 mark early Tuesday morning (March 10) before falling below the threshold at approximately 11:30 a.m. Eastern time. The digital currency experienced the rally after falling to two-month lows, CoinDesk reported. Get the Full Story Complete the form to unlock this article and...