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

Tether Must Pay $41M After Misleading Customers About Stablecoin Backing

Tether Must Pay $41M After Misleading Customers About Stablecoin Backing
Tether Must Pay $41M After Misleading Customers About Stablecoin Backing
October 17, 2021  |  Cryptocurrency

Stablecoin platform Tether will pay $41 million after the Commodity Futures Trading Commission (CFTC) said the company misled customers and potential buyers for almost three...

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Reports of Fraud Mar El Salvador’s Bitcoin Journey
Reports of Fraud Mar El Salvador’s Bitcoin Journey
October 15, 2021  |  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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NFT Roundup: Demand for Digital Image Assets Moves Deeper Into Mainstream 
NFT Roundup: Demand for Digital Image Assets Moves Deeper Into Mainstream 
October 15, 2021  |  Innovation

Coinbase, the cryptocurrency exchange, announced that it will soon debut a marketplace for NFTs. Meanwhile, Visa and TikTok partnered with creators on new, NFT-focused projects....

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NFTFi Launches as the ‘Pawn Shop for NFTs’
NFTFi Launches as the ‘Pawn Shop for NFTs’
October 15, 2021  |  Cryptocurrency

As non-fungible tokens, more commonly known as NFTs, become more popular, investors are finding new ways to leverage money from them.  Get the Full Story...

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United Wholesale Mortgage Does About Face, Drops Crypto Payments
United Wholesale Mortgage Does About Face, Drops Crypto Payments
October 15, 2021  |  Cryptocurrency

Just hours after declaring its cryptocurrency payments pilot a success, United Wholesale Mortgage (UWM) decided to scrap the trial-run program it launched in August. Get...

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Bitcoin Daily: France Wrestles With Crypto-Regulation; Ripple Joins Nonprofit Focused on Creating Digital Pound
Bitcoin Daily: France Wrestles With Crypto-Regulation; Ripple Joins Nonprofit Focused on Creating Digital Pound
October 14, 2021  |  Bitcoin

France is among countries increasingly grappling with the challenges of regulating cryptocurrencies, Euronews reported. Get the Full Story Complete the form to unlock this article...

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Coinbase Asks Congress to Create Crypto-Regulator
Coinbase Asks Congress to Create Crypto-Regulator
October 14, 2021  |  Cryptocurrency

Digital currency exchange Coinbase has asked the U.S. Congress to give regulatory oversight of cryptocurrencies to a single agency, according to a company blog post....

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Stablecoins and Next-Gen Payments: Marching Toward Institutional Adoption of DeFi in Europe
Stablecoins and Next-Gen Payments: Marching Toward Institutional Adoption of DeFi in Europe
October 14, 2021  |  Cryptocurrency

Cryptocurrencies and stablecoins will likely play a more noticeable role in the future global payments ecosystem, as consumers and businesses increasingly embrace cryptocurrencies and investments...

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