Cryptocurrency

A 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)

Cryptocurrency
FTX and IRS Battle Over $24 Billion Tax Claim
December 12, 2023

FTX Trading is reportedly currently locked in a legal dispute with the Internal Revenue Service (IRS) over a $24 billion tax claim. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
Crypto Platform HTX Loses $258 Million in Withdrawals After Hack
December 11, 2023

Digital asset platform HTX has reportedly seen a $258 million net outflow after being hacked. 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 Today....

Cryptocurrency
SEC: Binance’s DOJ Settlement Strengthens Our Case
December 10, 2023

The Securities and Exchange Commission (SEC) says Binance’s recent plea deal gives it new ammunition against the cryptocurrency exchange. 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...

Cryptocurrency
Judge Rules Binance Founder Zhao Must Remain in US 
December 08, 2023

Binance founder Changpeng Zhao must remain in the United States while awaiting his sentencing on Feb. 23.  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...

Cryptocurrency
JPMorgan’s Dimon Tells Senate He Would Shut Down Crypto Industry
December 06, 2023

Jamie Dimon, the CEO of JPMorgan Chase & Co., has again expressed his strong opposition to the cryptocurrency industry.  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...

Cryptocurrency
Coinbase Enables Sending Money Through Messaging and Social Media Apps
December 05, 2023

Coinbase Wallet has added new features that aim to simplify and expedite money transfers globally. 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...

Cryptocurrency
Crypto Firm Phoenix Debuts in Abu Dhabi With $3.3 Billion Value
December 05, 2023

Cryptocurrency firm Phoenix Group has launched its debut on the Abu Dhabi market, the first of its kind in the region. 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...

Cryptocurrency
Crypto Sector Lobbying Set to Make New US Record
December 05, 2023

Cryptocurrency firms are reportedly spending record amounts of cash to advance their cause in Washington. 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,...

Cryptocurrency
Bitcoin Tops $41,000 for First Time in 20 Months
December 04, 2023

For the first time in nearly two years, bitcoin’s price has exceeded $41,000. 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 Today....