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: Exchange Crypto.com Launches in Italy; Novogratz Says Current Crypto Instability is ‘Credit...
July 19, 2022

Crypto.com announced Tuesday (July 19) that it has received regulatory approval from Italy’s Organismo Agenti e Mediatori (OAM), which will allow it to distribute its products and services in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
Bolt Global Partners with Binance Pay to Intro Web3 Live Entertainment
July 19, 2022

Builder of web3 technologies Bolt Global and the crypto exchange Binance are collaborating to launch a new live entertainment and social experience powered by Binance Pay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
Bankrupt Crypto Lender Celsius: We Own Customers’ Funds
July 19, 2022

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 Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Cryptocurrency
Ethereum 2.0 Targeted for September with 100,000 TPS Close at Hand
July 19, 2022

If all goes according to plan, Ethereum’s shift to an environmentally friendly blockchain capable of scaling vastly beyond what would be needed to make it a viable payments rail will take place on Sept. 19. Get the Full Story Complete the form to unlock this...

Cryptocurrency
Crypto Layoffs Hit Compliance Departments
July 19, 2022

With the crypto industry reeling from huge price drops, a number of companies have begun laying off staff, including in their risk and compliance departments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
US Treasury’s Liang Offers Path for Nonbank Stablecoins
July 18, 2022

Nellie Liang, the U.S. Treasury Department’s undersecretary for domestic finance, thinks it would be OK for nonbanks to issue stablecoins, Coindesk reported Monday (July 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
Today in Crypto: Retail Investors May Shoulder Celsius’ Bankruptcy; Altcoins Outperform Bitcoin as Investors Return
July 18, 2022

After months of chaos and volatility, the crypto market may be seeing a minor light at the end of the tunnel, as the prices of the biggest tokens have crept up in the last few days. Get the Full Story Complete the form to unlock...

Cryptocurrency
Southland Credit Union Teams With NYDIG on Mobile Crypto Trading
July 18, 2022

Southland Credit Union on Monday (July 18) teamed up with bitcoin platform NYDIG to become the second credit union in Southern California to offer cryptocurrency buying and selling services, according to a joint press release. Get the Full Story Complete the form to unlock this...

Cryptocurrency
Lawmaker: Stablecoin Bill Could Bypass Regulators
July 18, 2022

A member of the House Financial Services Committee said lawmakers could overrule U.S. regulators who want stablecoins to be governed solely by banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...