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
EU To Call For Digital Tax Reform, Stablecoin Regs At G20 Meeting
October 04, 2019

At a G20 meeting in the middle of October, European Union finance ministers will reportedly tell their counterparts that a worldwide regulatory response is needed to so-called stablecoins like Facebook’s Libra. The ministers are also asking for G20 partners to reform the taxation of digital...

Cryptocurrency
PayPal Is A No-Show At Libra Association Meeting
October 03, 2019

Facebook’s proposed cryptocurrency Libra has had its fair share of scrutiny and regulatory issues, and now the Financial Times is reporting that PayPal is very close to leaving the 28-company coalition meant to help Libra gain legitimacy and come to fruition. Get the Full Story...

Cryptocurrency
Taking Stock Of Libra’s Vital Signs
October 02, 2019

With the recent news that some of Libra’s backers are, at least for now, shying from vocal support for the Facebook cryptocurrency project, it’s worth taking stock of Libra’s vital signs. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
Coinbase: Rewards Will Spur Crypto Adoption For ‘Everyday Use’
October 02, 2019

Libra is taking its lumps, as regulators tighten scrutiny on that cryptocurrency project. 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
Coinbase Offering Rewards To USD Coin Crypto Holders
October 02, 2019

Coinbase is launching a rewards program for its U.S. customers that will give users money back on every USD Coin they hold, the company announced in a blog post on Wednesday (Oct. 2). Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
Libra Association To Appoint Board This Month
October 02, 2019

Facebook’s Libra Association is meeting with member firms on Oct. 14 in Switzerland, CNBC reported on Wednesday (Oct. 2). 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
FINMA Head: Libra Safer Than Unregulated Crypto
October 01, 2019

Cryptocurrency pursuits conducted without supervision are more concerning to Switzerland than Facebook’s Libra coin, Reuters reported on Tuesday (Oct. 1). 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
Venezuela Readies Central Bank Crypto Payments
September 30, 2019

Venezuela’s central bank is getting ready to pull the trigger on cryptocurrency payments. 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
ING: Central Banks Will Soon Create Their Own Crypto
September 27, 2019

Mark Cliffe, chief economist at Dutch financial service firm ING, said central banks around the globe will have “fully fledged” cryptocurrencies in a matter of just two to three years, according to reports.  Get the Full Story Complete the form to unlock this article and...