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
Algorand Foundation Invests in Afghanistan’s HesabPay
December 01, 2023

The Algorand Foundation has made a strategic investment in HesabPay, an interoperable digital payments platform in Afghanistan that uses the Algorand blockchain. 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
FTX Gets OK to Sell $744 Million in Grayscale Stakes
November 30, 2023

FTX has gotten the go-ahead to sell stakes in digital trusts managed by Grayscale. 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
Bank of Korea to Launch Retail CBDC Pilot Program
November 30, 2023

The Bank of Korea plans to launch a pilot program for its retail central bank digital currency (CBDC) in the fourth quarter of 2024. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
SoFi Turns Over Crypto Business to Blockchain.com
November 29, 2023

SoFi says it is exiting the cryptocurrency business next month. 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. By completing this form,...

Cryptocurrency
Binance CEO Richard Teng Plans to Keep Core Team Intact 
November 29, 2023

Binance’s new CEO Richard Teng said he will keep the cryptocurrency exchange’s core team intact as he steers the company through regulatory challenges.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
Binance Faces Challenges in SE Asia After $4 Billion US Fine
November 29, 2023

Last week, Binance agreed to pay $4 billion to resolve a Department of Justice investigation. 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
Singapore Banking Chief: Private Crypto Has ‘Miserably Failed’
November 28, 2023

We could be witnessing the twilight of private cryptocurrencies, says one of Singapore’s top central bankers. 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...

Cryptocurrency
Crypto Payment Firm ivendPay Unveils NFC-Enabled System
November 27, 2023

Cryptocurrency payment technology company ivendPay has unveiled a crypto payment system enabled by near-field communication (NFC). 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
Coinbase CEO: Binance Settlement Will ‘Turn the Page’ for Crypto
November 27, 2023

Does the end of the case against Binance mark a new beginning for cryptocurrencies? 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. By...