Revolut, a digital bank based in London, has won approval from regulators in Cyprus to offer cryptocurrency-related trading services, a move that will let Revolut conduct retail crypto transactions across the European Union and also in Iceland, Lichtenstein and Norway. Get the Full Story Complete...
Small banks were happy to land cryptocurrency-related businesses as clients when the industry was booming. Now that crypto prices have plunged, those banks are on something of a roller coaster. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
A bipartisan group of members of Congress is pushing for faster action on a digital dollar. 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...
Blank-check company 10X Capital Venture Acquisition Corp and crypto mining outfit Prime Blockchain have called off their planned $1.2 billion merger, yet another sign of the waning enthusiasm for special purpose acquisition companies (SPACs). Get the Full Story Complete the form to unlock this article...
Cryptocurrency is a confusing business with a language all its own, in part because it is a genuinely new way of doing business and in part because it was created in large part by programmers and cryptographers, who should never be allowed to name anything regular...
Another unbacked stablecoin collapsed this weekend, this time after a hacker was able to mint a staggering $1.28 billion worth of the dollar-pegged token. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Salvadoran President Nayib Bukele added his voice to the bragging ministers after the United Nations World Tourism Organization’s (WTO) Aug. 1 World Tourism Barometer report placed El Salvador as one of only 16 countries that have seen their international tourism receipts fully recovered to pre-pandemic...
Welcome to “The Merchants Guide to Accepting Crypto: The Questions to Ask,” a new PYMNTS series aimed at helping merchants big and small, online and in-store, who want to accept crypto payments figure out what they need to know to move ahead. Get the Full...
India’s Enforcement Directorate, which works on probing financial crimes, announced Friday (Aug. 12) that it has frozen assets worth around 3.7 billion rupees ($46.4 million) from crypto exchange Vauld. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
