Binance Founder and CEO Changpeng Zhao is reportedly considering buying banks, saying such a move would build a bridge between crypto and traditional finance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Digital banking app Revolut reportedly plans to continue investing in its cryptocurrency offering, despite the crash of crypto markets that has caused this stream of revenue for the company to nearly dry up. Get the Full Story Complete the form to unlock this article and...
Proposed changes to the way income taxes are filed in India reportedly may affect people holding cryptocurrencies or virtual digital assets, those with investments in decentralized autonomous organizations and those who have moved abroad but still have business connections in India. Get the Full Story...
Central bank digital currencies (CBDCs) pose no threat to cryptocurrencies, the head of the planet’s largest crypto exchange said Wednesday (Nov. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The Swiss Financial Market Supervisory Authority (FINMA) is extending the scope of its anti-money laundering (AML) ordinance to cover cryptocurrency assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Banks have been getting louder and louder about their opposition to central bank digital currencies (CBDCs) like the digital dollar over the course of 2022, making clear that they see CBDCs as an existential threat that could disintermediate them from their customers, and the deposits...
The South African grocery retailer Pick n Pay announced Tuesday (Nov. 1) that it has completed the first phase of a pilot that allows customers to pay in-store using the Lightning Network bitcoin payment protocol. Get the Full Story Complete the form to unlock this...
In the midst of the “crypto winter,” cryptocurrency financial services company Galaxy Digital is reportedly going to cut at least 20% of its global workforce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
MoneyGram is expanding its money management tools to cryptocurrency with a new in-app service. 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...
