As the value of digital currencies has fallen, some financial firms — including Goldman Sachs, Citigroup, Morgan Stanley and Barclays — have put their plans to offer cryptocurrency trading to clients on hold. Get the Full Story Complete the form to unlock this article and...
In an effort to help WhatsApp users transfer money, Facebook is reportedly creating a digital currency. Unnamed sources told Bloomberg that the company is at work on a stablecoin, which is a cryptocurrency tied to the value of the U.S. dollar, and is reportedly eyeing...
Adoption of cryptocurrency by large fund managers is being hurt by the difficulty cryptocurrency exchanges and traders located in Asia are having trying to get insurance to protect against hacks and theft. Get the Full Story Complete the form to unlock this article and enjoy...
Bitcoin fell to its lowest price in 15 months on Friday (Dec. 14), and analysts are predicting that further declines could be in store for the popular cryptocurrency. The price of bitcoin broke below the $3,200 mark to reach roughly $3,160 in the afternoon, MarketWatch...
An analysis of bitcoin addresses shows that the majority of bitcoin (BTC) owners own only one-tenth of the digital currency, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Bitcoin, the world’s best-known cryptocurrency, continued its downward slide on Tuesday (Dec. 11), reaching a new low, according to a report by MarketWatch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Coinbase, a platform that allows users to buy, sell and store cryptocurrency, said it is considering adding 30 new cryptocurrencies to its roster for trading, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
To help further use of digital currency and head off price manipulation, two U.S. representatives have proposed bipartisan bills in Congress. Republican Representative Ted Budd and Democrat Representative Darren Soto introduced the proposed laws to make the U.S. a “leader in the cryptocurrency industry,” CoinDesk reported. Get...
Atiku Abubakar, a 2019 presidential candidate in Nigeria, said he will support cryptocurrency and blockchain if he becomes the country’s next leader, according to the Daily Post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...