Venezuela’s Petro cryptocurrency will be used to fund housing in the country, The Next Web (TNW) reported. According to reports, more than 30 businesses are working toward efforts to construct the housing. That work is reportedly funded by the equivalent of $750,000 in the bolivar currency...
Thailand has launched regulations on digital tokens, and those rules will take effect on July 16. 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...
The top court in India is keeping in place a ban that prevents banks, financial institutions and other regulated entities from providing services related to cryptocurrencies, Bloomberg reported. Chief Justice Dipak Misra led a bench that said the Reserve Bank of India’s directive will still...
Race car driver Fernando Alonso of Formula One fame is turning to the blockchain to protect the rights to his visual media, CoinDesk reported. WENN Digital Inc., which partnered with Kodak in creating the KODAKCoin blockchain system, inked a deal with the champion for his...
As many U.S. states are trying to figure out how to utilize blockchain, one state wants to be at the forefront of the cryptocurrency revolution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Through a four-day test of a know-your-customer (KYC) compliance system, a group of 39 participants were able to make 300 transactions in 19 countries with an app from Synechron built on R3’s Corda blockchain platform. The experiment’s participants included banks such as BNP Paribas and...
Following a regulatory crackdown and recent hacks, bitcoin prices have slumped to lows not seen for months. The popular cryptocurrency dipped just below $5,800 as of 8:30 a.m. on Friday (June 29), CNBC reported. Get the Full Story Complete the form to unlock this article...
Cybercriminals are increasingly turning to cryptojacking and other schemes to mine cryptocurrency, McAfee said in a press release. In fact, the security software company reported that the number of crypto mining malware samples grew by 629 percent in the first quarter of 2018: It saw...
Beyond bitcoin and the buzz around blockchain, payments that wind their way across borders might get a boost from Santander and Ripple. The two firms have debuted One Pay FX, a mobile service, that settles international payments with speed and safety. Ed Metzger, head of...
