A U.S. Drug Enforcement Administration official said that criminal activity no longer dominates cryptocurrency transactions, Bloomberg reported. The official noted that 90 percent of crypto transactions from five years ago involved criminal activity. However, that percentage has dropped to 10 percent today. Now, the driver...
The Telangana state government in India is teaming up with Tech Mahindra to create a “blockchain district” in Hyderabad, CoinDesk reported. The area is said to contain buildings that will be home to blockchain startups, and the move comes amid a blockchain push from the...
Coinbase, the operator of the largest cryptocurrency exchange in the U.S., announced last week that it is looking into expanding its custody service to include 40 additional assets, including XRP. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Intercontinental Exchange, owner of the NYSE, announced late last week that it is launching an exchange for digital assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
In potentially big bitcoin news, Starbucks is involved in a project that could help cryptocurrency holders spend their digital coins: The coffee chain said it is among the companies that will work with Intercontinental Exchange’s planned digital asset company, dubbed Bakkt. The company will have...
After a federal jury found him guilty of money laundering, Thomas Mario Costanzo has been sentenced to 41 months of imprisonment by U.S. District Judge G. Murray Snow. But Costanzo, who is also known as Morpheus Titania, will receive credit for the time he has...
Shwe Bank is teaming up with Everex for a remittance system based on the blockchain, Cryptovest reported. The bank plans to gear the service toward migrant workers from Myanmar who live in Thailand, with the idea of providing an alternative to more unofficial channels. As...
Mistertango found that 88 percent of crypto exchanges do, in fact, want regulation in the industry, Cryptovest reported. At the same time, however, 17 percent of the exchanges surveyed think that the biggest threat to the crypto industry is regulation that is too strict. Get...
All things white hot … cool down. To put it another way, might the additions of links to the blockchain be slowed a bit? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
