Authorities in China have confiscated bitcoin, ether and tether worth more than $15 million and luxury cars from those who allegedly ran a purported cryptocurrency scheme, CoinDesk reported. Police in a Chinese city had reportedly taken 10 suspects into custody. Get the Full Story Complete the form to...
China’s Cosco Shipping will test out Ant Blockchain from Alibaba’s Ant Financial in an effort to simplify its business, Coindesk reported Wednesday (July 8). The firms noted that blockchain could be used to send out documentation that can be authenticated and can’t be modified like...
Regulators are taking in an interest in stablecoins, with the Financial Action Task Force (FATF) noting in a report the digital currencies need to adhere to norms to offer protection from the terrorism financing and money laundering, Bloomberg reported. As a result, exchanges, and those...
Travala.com, the Binance-backed online trading agency, will be allowing travel bookings through Expedia paid for in cryptocurrency for the first time since 2018, according to CoinDesk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
To commemorate the Fourth of July holiday, Hamilton Fintech has launched the Jefferson Coin (JEF), according to a press release, a new stablecoin backed by a wide array of global assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In China, crypto over-the-counter (OTC) traders are being arrested in an attempt to crack down on illegal transactions, according to a report from CoinDesk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Much has been written about how delivering fiat currencies digitally can boost financial inclusion and perhaps streamline financial services. 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...
Crypto security asset infrastructure company Curv notched $23 million in Series A funding with investment from Coinbase Ventures and CommerzVentures, among other firms, according to an announcement. The company also unveiled tX, which it describes as a top assembly of engineers and cryptographers that harness...
Microsoft reported that digital currency mining encounters dropped 40 percent from 2018 to 2019, according to a report. The tech company noted in the report that only 50 endpoints for each 100,000 came across a digital currency miner. Get the Full Story Complete the form...
