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
A Primer on EU Stablecoin Regulations
August 23, 2022

Stablecoin regulation in Europe is, in theory, mostly settled under the EU-wide crypto regulatory framework that has largely been agreed upon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
NFT Weekly: NFT Apes Make Poor Collateral
August 23, 2022

You’ll be shocked — shocked — to learn that a crypto lending platform that loaned out for collateral consisting of things like six-figure cartoon ape NFTs has had a liquidity crisis. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
Celsius Network Sues Prime Trust, Alleging It Still Holds Crypto Assets
August 23, 2022

Bankrupt crypto lender Celsius Network has reportedly sued its former business partner, crypto custodian Prime Trust, demanding the return of $17 million in crypto that the former says the latter still holds.  Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
Binance Offering One Month of Fee-Free ETH/BUSD Trading
August 23, 2022

Cryptocurrency trading platform Binance will begin offering a month of zero-fee trading for the ETH/BUSD spot trading pair, the company announced Tuesday (Aug. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
PayPal Joins Coinbase Crypto Compliance Initiative TRUST
August 23, 2022

Payments giant PayPal joined the Coinbase compliance initiative called the Travel Rule Universal Solution Technology (TRUST), launched in February as an industry-driven solution to comply with the requirement, while at the same time protecting the security and privacy of digital assets customers. Get the Full...

Cryptocurrency
How Crypto Shields Merchants Against Chargeback Fraud
August 23, 2022

One way to get a merchant’s ears to perk up when the idea of accepting crypto payments comes up is to mention one big benefit: no chargebacks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
Has Tether Turned the Corner on Reserve Doubters?
August 23, 2022

When top stablecoin issuer Tether announced on Thursday (Aug. 18) that it had hired one of the world’s largest auditing firms to provide monthly reports of the reserves backing the dollar-peg of USDT, it was a big step forward in putting a rest to questions...

Cryptocurrency
A Primer on US Stablecoin Regulations
August 23, 2022

Lawmakers and regulators say we can expect a set of guide rails for the stablecoin business by year’s end. Here’s a look at the issues and the major pieces of legislation driving the discussion. Get the Full Story Complete the form to unlock this article...

Cryptocurrency
Today in Crypto: DTCC Debuts Private Blockchain for Settlements; CryptoPunks NFT Floor Price Overtakes Bored...
August 22, 2022

The Depository Trust & Clearing Corporation (DTCC), a post-trade market infrastructure for the financial services industry around the world, debuted a distributed ledger technology (DLT) with its new Project Ion platform, a company news release said Monday (Aug. 22). Get the Full Story Complete the...