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

Today in TechREG: California Regulator Probes Crypto Lenders; UK Parliament Wants Visa, Mastercard to Explain Swipe Fees Hike

Today in TechREG: California Regulator Probes Crypto Lenders; UK Parliament Wants Visa, Mastercard to Explain Swipe Fees Hike
Today in TechREG: California Regulator Probes Crypto Lenders; UK Parliament Wants Visa, Mastercard to Explain...
July 14, 2022  |  Legal & Regulation

Today in TechREG, the U.K. Parliament sent letters to Visa and Mastercard demanding an explanation for the increase on cross-border fees after the U.K. left...

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Ape Now, Pay Later: DeFi Lender Brings BNPL to NFTs as Crypto Lending Market Crumbles
Ape Now, Pay Later: DeFi Lender Brings BNPL to NFTs as Crypto Lending Market Crumbles
July 14, 2022  |  Cryptocurrency

The NFT market is flatlining, the DeFi lending market has seen some big bankruptcies, and bitcoin has been dipping under $20,000 regularly for a month....

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NFTs Are Now a Legal Way to Serve Documents in UK Courts 
NFTs Are Now a Legal Way to Serve Documents in UK Courts 
July 14, 2022  |  Legal & Regulation

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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Crypto Lender Celsius Files for Chapter 11 Bankruptcy
Crypto Lender Celsius Files for Chapter 11 Bankruptcy
July 13, 2022  |  Cryptocurrency

Celsius Network, the embattled crypto lender, filed for Chapter 11 bankruptcy Wednesday (July 13) a month after it had frozen customer accounts, according to the...

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California Regulator Probes Crypto Lenders Over Withdrawal Suspensions
California Regulator Probes Crypto Lenders Over Withdrawal Suspensions
July 13, 2022  |  Cryptocurrency

The California Department of Financial Protection and Innovation (DFPI), which looks into operations of state-licensed financial institutions, will be investigating whether crypto-asset companies that suspended...

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Today in Crypto: Celsius Repays $900M to DeFi Platforms; S. Africa Central Bank Eyes Crypto Regs
Today in Crypto: Celsius Repays $900M to DeFi Platforms; S. Africa Central Bank Eyes Crypto...
July 13, 2022  |  Cryptocurrency

Deputy Bank of England Governor Jon Cunliffe recently said in a speech that the volatility and losses in crypto necessitate regulation, per a publication from...

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Crypto Regulation Weekly: BIS Says Crypto Must Fit Into Existing Regulatory Infrastructure
Crypto Regulation Weekly: BIS Says Crypto Must Fit Into Existing Regulatory Infrastructure
July 13, 2022  |  Cryptocurrency

A pair of international regulatory organizations have formally recommended that stablecoins be required to follow all existing international payment, clearing and settlement standards. Get the...

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Crypto Basics Series: How Does Decentralized Crypto Lending Work?
Crypto Basics Series: How Does Decentralized Crypto Lending Work?
July 13, 2022  |  Cryptocurrency

“Bitcoin,” “blockchain” and “cryptocurrency” are words that most people have at least heard of since the industry exploded into the mainstream public consciousness over the...

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