The investment world seems to be holding its collective breath, waiting for the Securities and Exchange Commission to approve a bitcoin exchange-traded fund (ETF). Whether the approval happens or not, it has helped underpin a rally in bitcoin since the waning months of 2023. The...
NetCents Technology and Worldpay from FIS have partnered to promote the adoption of digital assets like bitcoin, ethereum and stablecoins. The partnership will leverage NetCents Technology’s cryptocurrency payments capabilities and Worldpay’s global payment technology, NetCents said in a Wednesday (Jan. 3) press release. “Our mission is to instill...
Bitcoin rang in 2024 with its price above $45,000 for the first time since April 2022. As Reuters noted in a report Tuesday (Jan. 2), the world’s largest cryptocurrency has seen its fortunes rise as investors hold out hope for the approval of exchange-traded spot bitcoin funds...
As the new year begins, those who are interested in cryptocurrency have a wide array of apps to choose from to help them navigate the world of digital currencies. PYMNTS ranks the apps based on downloads, updates and other factors in the latest Provider Ranking of...
Binance’s ongoing legal and regulatory troubles apparently haven’t hurt its growth. The world’s largest cryptocurrency exchange saw its user base grow by 30% during 2023 with the addition of 40 million customers, the company’s new CEO said in a year-end report Thursday (Dec. 28). “Importantly, we saw a...
The Financial Intelligence Unit India (FIU IND) aims to block the URLs of nine offshore virtual digital asset service providers (VDA SPs). The regulator has also issued show cause notices to the nine VDA SPs under the Prevention of Money Laundering Act (PMLA), according to...
Next year marks the seventh year of the SEC’s battle to regulate cryptocurrencies. The Wall Street Journal describes the Securities and Exchange Commission’s (SEC) campaign to rein in digital assets as the regulator’s “forever war” in a Thursday (Dec. 28) report, noting that 2024 may not bring about a...
The Central Bank of Nigeria (CBN) has lifted a ban on transacting in cryptocurrencies. At the same time, the bank said there is a need to regulate virtual asset service providers (VASPs), including cryptocurrencies and crypto assets, Reuters reported Wednesday (Dec. 27), citing a Friday (Dec. 22) circular...
Despite a turbulent year for his company, Binance’s founder is ending 2023 $25 billion richer. Changpeng “CZ” Zhao’s net worth is now an estimated $37 billion, putting him in the company of a number of high-profile cryptocurrency figures whose fortunes surged this year, Bloomberg News reported Tuesday...
