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
MoneyGram to Launch Blockchain Partnership for Stablecoin-to-Fiat Remittances
May 29, 2022

MoneyGram thinks there could be a future in crypto, Bloomberg reports, as it prepares to roll out a service for users to convert stablecoins to hard currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
Today in Crypto: Russia Considers Crypto for International Payments; Crypto.com, Coinbase Top List of UK...
May 29, 2022

Bitcoin and ether have lost important support levels in the last day, with the sentiment for the overall crypto market weakening, CoinDesk writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Coinbase Asks Court to Toss Crypto Token Lawsuit
May 26, 2022

A court case could decide whether digital tokens are more similar to stocks or gold, The Wall Street Journal (WSJ) wrote Thursday (May 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Today in Crypto: Portugal’s Parliament Rejects Crypto Tax Proposal; Tether Debuts Tokens Tied to Mexican...
May 26, 2022

Portugal’s parliament has turned down two new taxes on crypto, a report said, as the Assembly of the Republic looks into its state budget for the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
Competition Experts Worldwide Discuss Crypto, Antitrust Strategies
May 26, 2022

FinTech’s disruption of existing financial markets has hit a nerve with lawmakers around the world, particularly antitrust regulators. All aspects of financial services have been affected, from back-office processes and retail banking to investment management and fundraising.  Get the Full Story Complete the form to...

Cryptocurrency
Today in Crypto: Andreessen Horowitz Debuts $4.5B Crypto Fund; WeWork’s Neumann Starts Crypto Credit Climate...
May 25, 2022

Andreessen Horowitz has set up a new crypto fund, its fourth, which will total $4.5 billion, a company blog said Wednesday (May 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Crypto Regulation Weekly: More Hype; OCC Praise; Europe Gets Tough
May 25, 2022

Calling the cryptocurrency hype the “flywheel of growth that crypto projects seem to need to get off the ground,” the top U.S. bank regulator described the recent $45 billion collapse of the TerraUSD stablecoin as “a wake-up call and an opportunity to reset and to...

Cryptocurrency
US Senators Set to Unveil Crypto Bill
May 24, 2022

A big effort to regulate crypto in the U.S. could come with a bill to set roles for the two government watchdogs, a report from Coindesk said Tuesday (May 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
Today in Crypto: Nigeria to Launch Nationwide Digital Wallet; Coinbase Joins Fortune 500 List
May 24, 2022

The government of Nigeria will be rolling out a nationwide digital wallet to allow for international commercialization of intellectual property (IP) forms, a press release said Tuesday (May 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...