European Central Bank (ECB) Executive Board Member Benoit Coeure has asked financial regulators to create a framework for crypto projects ahead of Facebook’s launch of its own digital currency, Libra. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
To make online transactions more secure, Fujitsu Laboratories has created “digital identity exchange technology.” The blockchain-based technology allows businesses and individuals conducting transactions online to confirm the identities of other parties, while also gauging the “trustworthiness” of credentials, Coindesk reported. Get the Full Story Complete...
Cuban President Miguel Díaz-Canel has announced a plan to use cryptocurrencies to boost his country’s ailing economy. 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 to our...
ANZ, Commonwealth Bank, IBM, Scentre Group and Westpac have announced they are partnering to launch a live pilot for Lygon, a new digital platform using blockchain technology to digitize the bank guarantee process needed for retail property leases. Get the Full Story Complete the form...
The U.K.’s Financial Conduct Authority (FCA) has proposed a ban on retail cryptocurrency sales. 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 to our daily newsletter, PYMNTS...
BAM Trading Services has announced that Catherine Coley is its new CEO. BAM will be the operator of Binance.US, the digital asset marketplace launched with Binance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Dutch ministers have revealed plans to regulate cryptocurrencies in order to prevent money laundering in the country. 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 to our...
New data shows that illegal bitcoin purchases are expected to hit more than $1 billion this year, which will be a new record. According to a report by Chainalysis, around $515 million of bitcoin has already been spent this year on the dark web. Get...
The rise of the global economy and the demand for swift and secure cross-border payments is driving the development of more efficient infrastructures, and spurring financial institutions (FIs) to experiment with emerging tech. Get the Full Story Complete the form to unlock this article and...
