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

OCC Urges ‘Caution’ for FIs Offering Crypto-Related Financial Services

OCC Urges ‘Caution’ for FIs Offering Crypto-Related Financial Services
OCC Urges ‘Caution’ for FIs Offering Crypto-Related Financial Services
December 06, 2021  |  News

Caveat emptor, goes the Latin warning. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Months After Ban, Binance Renews Focus on UK Launch
Months After Ban, Binance Renews Focus on UK Launch
December 06, 2021  |  Cross-border Payments

Binance will be looking more into rolling out its services in the U.K., after initially facing turbulence on those plans. Get the Full Story Complete...

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Japan to Propose Limiting Stablecoin Issuance
Japan to Propose Limiting Stablecoin Issuance
December 06, 2021  |  Cryptocurrency

Japan’s Financial Services Agency (FSA) will propose legislation in 2022 to make it so only banks and wire transfer companies can issue stablecoins, a Tuesday...

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Florida Jury Allows Self-Proclaimed Bitcoin Inventor to Keep Entire $50B Cache of Crypto
Florida Jury Allows Self-Proclaimed Bitcoin Inventor to Keep Entire $50B Cache of Crypto
December 06, 2021  |  Cryptocurrency

Self-proclaimed bitcoin creator Craig Wright does not have to pay the brother of his late partner, Dave Kleiman, half of a $50 billion bitcoin fortune,...

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Digital Invite Service Evite Teams With Investment Platform Ember Fund for Crypto Gifting
Digital Invite Service Evite Teams With Investment Platform Ember Fund for Crypto Gifting
December 06, 2021  |  Cryptocurrency

Digital invitation service Evite is teaming up with investment management platform Ember Fund to offer the first-ever cryptocurrency gifting service, according to a Monday (Dec....

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$196M BitMart Hack Puts Crypto’s Weakness on Display
$196M BitMart Hack Puts Crypto’s Weakness on Display
December 06, 2021  |  Cryptocurrency

Well, crypto got hacked again. This time it was the exchange BitMart, which announced a hack of at least $150 million on the evening of...

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73% of FIs That Offer Cryptocurrency Plan to Add More
73% of FIs That Offer Cryptocurrency Plan to Add More
December 06, 2021  |  Cryptocurrency

Despite the availability of new payment options, many financial institutions (FIs) lag the marketplace interest in cross-border payments innovations, especially when it comes to providing...

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Crypto Company to Hackers: Give Back Our $119M
Crypto Company to Hackers: Give Back Our $119M
December 06, 2021  |  Cryptocurrency

The blockchain company BadgerDAO has a message for whoever stole $119 million in cryptocurrency from its platform: Please give it back. Get the Full Story...

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