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
Today in Crypto: US House Stablecoin Bill Won’t Include Digital Dollar Push, Report Says; Bank...
September 21, 2022

Central Bank of Iran said it will begin a pilot launch of its central bank digital currency, the crypto-rial, on Thursday (Sept. 22), a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
Nasdaq to Launch Crypto Custody Service for Institutional Investors
September 21, 2022

Nasdaq has announced a new business, Nasdaq Digital Assets, which will promote institutional participation in digital assets, a press release said Tuesday (Sept. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Justice Department Seeks Congressional Green Light for Faster Crypto Investigations
September 21, 2022

Not only does the U.S. Department of Justice want crypto criminals who violate money transmitter licensing laws to spend more time in jail, but it also wants to make it easier to put them there. Get the Full Story Complete the form to unlock this...

Cryptocurrency
Twitch Shutting Down Crypto Gambling Live Streams
September 21, 2022

Twitch will ban crypto gambling on its site, the Amazon-owned live streaming platform announced Wednesday (Sept. 21). 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...

Cryptocurrency
Today in Crypto: Robinhood Adds USD Coin to Offerings; MicroStrategy Makes Smallest Buy of Bitcoin...
September 20, 2022

Robinhood Markets has added USD Coin stablecoin to its retail-focused crypto offerings, according to a report from Seeking Alpha on Tuesday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
Crypto Lobby Courting Friends — and Foes — at the Statehouse Level
September 20, 2022

Coinbase CEO Brian Armstrong’s announcement last week that he is putting a political scorecard on the top U.S. crypto exchange’s app is a pretty good indication of how much attention the politics of crypto regulation has been getting lately. Get the Full Story Complete the...

Cryptocurrency
Bitcoin Wallet Bumps Bakkt out of PYMNTS’ September Crypto Wallet Provider Ranking
September 20, 2022

In a month dominated by The Merge, in which the No. 2 blockchain, Ethereum, switched from its energy-hungry and slow consensus mechanism for adding new data and minting new ether tokens to the new, greener and more scalable Ethereum 2.0, the change in wallet rankings...

Cryptocurrency
Gr4vy, BitPay, Team to Help Merchants Accept Crypto
September 20, 2022

Cloud-native payments company Gr4vy has teamed up with BitPay to help merchants accept crypto payments through BitPay’s checkout tool. 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
Wall Street Giants’ EDXM Exchange Could Lift Crypto Industry, Lower Prices
September 20, 2022

While the news that a half-dozen top financial firms are creating a new cryptocurrency exchange has been lauded for what it says about their faith in the crypto market, it could also substantially lower the cost of buying and selling digital assets. Get the Full...