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
Open Exchange Fined $2.7 Million for UAE Crypto Violations
August 16, 2023

Dubai has fined cryptocurrency firm Open Exchange nearly $3 million for violating its digital asset rules. 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
Coinbase Taps Trustly for Open Banking Payments in Canada
August 16, 2023

Coinbase has teamed with open banking provider Trustly as it expands into Canada. 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
Silvergate Capital’s President and CFO to Depart
August 16, 2023

According to a U.S. Securities and Exchange Commission filing released Tuesday (Aug. 15), the chief executives of failed Silvergate Capital are leaving the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
Binance to Shut Regulated Binance Connect
August 15, 2023

Crypto investors and businesses alike have been left questioning the implications of the announced closure of Binance Connect by Binance on Tuesday (Aug. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Sam Bankman-Fried Attorneys Protested Lack of Internet Access in Jail
August 15, 2023

Before FTX founder Sam Bankman-Fried was sent to jail, his attorneys reportedly argued that he would have difficulty accessing evidence and materials for his trial without internet access. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
Binance Seeks Court Protection From ‘Burdensome’ SEC Requests
August 15, 2023

Binance is asking for court protection against regulatory requests it has deemed too broad. 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
FTX Founder Charged With Using Customer Funds for Political Contributions
August 14, 2023

FTX founder Sam Bankman-Fried has been charged with using stolen customer funds to make more than $100 million in political campaign contributions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
Coinbase Expands Into Canada Amid US Regulatory Scrutiny
August 14, 2023

Coinbase has officially expanded into Canada as it continues to battle regulators stateside. 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
Sen. Lummis and Crypto Lobby Petition for Coinbase Suit Dismissal
August 13, 2023

One of the Senate’s biggest cryptocurrency champions has come to embattled exchange Coinbase’s defense. 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....