Cryptocurrency

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

JPMorgan’s Farooq: Banks Will Win Coming Crypto Asset Cycle

JPMorgan’s Farooq: Banks Will Win Coming Crypto Asset Cycle
JPMorgan’s Farooq: Banks Will Win Coming Crypto Asset Cycle
August 31, 2022  |  Cryptocurrency

As a competitor with, and even as a threat to, traditional financial institutions (FIs), cryptocurrency has a long way to go, the head of J.P....

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Report: Happy Endings ‘Mixed’ for FTX Bailout of Crypto Firms
Report: Happy Endings ‘Mixed’ for FTX Bailout of Crypto Firms
August 31, 2022  |  Cryptocurrency

Putting up $1 billion for rescues and acquisitions of cryptocurrency firms as the sector started further collapsing following plummeting bitcoin and other prices, FTX boss...

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Japan’s Financial Regulator Wants to Ease Crypto Tax Rules
Japan’s Financial Regulator Wants to Ease Crypto Tax Rules
August 31, 2022  |  Cryptocurrency

Japan’s Financial Services Agency is calling for less stringent corporate tax rules for cryptocurrency assets and individual stock investors. Get the Full Story Complete the...

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Digital Dollar Project’s Sandbox to Study CBDC X-Border Payments
Digital Dollar Project’s Sandbox to Study CBDC X-Border Payments
August 31, 2022  |  CBDC

The Digital Dollar Project (DDP) will start a technical sandbox program starting in October to explore the technical aspects of implementing a U.S. central bank...

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FTX Crypto Exchange CEO Sam Bankman-Fried’s Breakout Month
FTX Crypto Exchange CEO Sam Bankman-Fried’s Breakout Month
August 31, 2022  |  Cryptocurrency

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Today in Crypto: Korean Central Bank Urges Regulating ICOs Instead of Ban
Today in Crypto: Korean Central Bank Urges Regulating ICOs Instead of Ban
August 30, 2022  |  Cryptocurrency

Tether is firing back against a Wall Street Journal report saying it had inadequate reserves for its stablecoin, a blog post said. Get the Full...

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TradeLens Sends Europe’s First Electronic Bill of Lading
TradeLens Sends Europe’s First Electronic Bill of Lading
August 30, 2022  |  Blockchain

If there’s one blockchain project that truly shows what the technology is capable of, it’s TradeLens, which has connected nearly every part of the global...

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US Rep to Regulators, Crypto Firm: How Do You Deal With Fraud?
US Rep to Regulators, Crypto Firm: How Do You Deal With Fraud?
August 30, 2022  |  Cryptocurrency

The head of the House Subcommittee on Economic and Consumer Policy has written to numerous federal agencies and cryptocurrency exchanges seeking answers on the steps...

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