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

SoFi Bank Charter Ruling Signals Crypto Still Off Limits for Banks

SoFi Bank Charter Ruling Signals Crypto Still Off Limits for Banks
SoFi Bank Charter Ruling Signals Crypto Still Off Limits for Banks
January 19, 2022  |  Cryptocurrency

In a ruling that has big implications for banks’ ability to use stablecoins as payment tools, the Office of the Comptroller of the Currency (OCC)...

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BNY Mellon CFO: U.S. Regulators Must Clarify Crypto Rules
BNY Mellon CFO: U.S. Regulators Must Clarify Crypto Rules
January 19, 2022  |  Cryptocurrency

More certainty is needed on regulations for cryptocurrency and other digital assets given the lack of information, a BNY Mellon Corp. executive told Reuters on...

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Regulator: EU Should Ban Crypto Mining Method That Uses Large Amount of Energy
Regulator: EU Should Ban Crypto Mining Method That Uses Large Amount of Energy
January 19, 2022  |  Cryptocurrency

The vice chairman of a European Union regulator has called on the 27 member states to prohibit energy-intensive cryptocurrency mining, the Financial Times (FT) reported....

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Tokens.com Debuts Hulk Labs to Invest in Crypto Gaming, NFTs
Tokens.com Debuts Hulk Labs to Invest in Crypto Gaming, NFTs
January 18, 2022  |  Cryptocurrency

Tokens.com has debuted a new subsidiary called Hulk Labs, which is focused on investing in play-to-earn (P2E) revenue-generating gaming tokens and non-fungible tokens (NFTs), according...

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Bitcoin Daily: Rhodium to Be First Crypto IPO of 2022; Intel to Debut Crypto Mining Chip; El Salvador Reports 4 Million Crypto Wallet Users Onboarded
Bitcoin Daily: Rhodium to Be First Crypto IPO of 2022; Intel to Debut Crypto Mining...
January 18, 2022  |  Bitcoin

Cryptocurrency technology company Rhodium Enterprises will be the first initial public offering (IPO) for the crypto industry this year, according to a Tuesday (Jan. 18)...

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Bitcoin Miner Rhodium’s S-1 Cites Halving as Bitcoin’s Biggest Systemic Risk
Bitcoin Miner Rhodium’s S-1 Cites Halving as Bitcoin’s Biggest Systemic Risk
January 18, 2022  |  Bitcoin

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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U.K. Treasury Increasing Cryptocurrency Ad Regulations
U.K. Treasury Increasing Cryptocurrency Ad Regulations
January 18, 2022  |  Cryptocurrency

The U.K. Treasury said Tuesday (Jan. 18) that it plans to regulate cryptocurrency advertising like other financial products and ensure that promotions are “fair, clear...

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Crypto Exchange BitMEX to Buy 268-Year-Old German Bank to Deliver ‘Banking 2.0’
Crypto Exchange BitMEX to Buy 268-Year-Old German Bank to Deliver ‘Banking 2.0’
January 18, 2022  |  Cryptocurrency

The CEO and CFO of the BitMEX cryptocurrency derivatives exchange announced in a Tuesday (Jan. 18) blog post that they have reached an agreement to...

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