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
Crypto’s Furtive Past on Display With Guilty Plea in $750M Shadow Banking Case
April 27, 2022

An alleged shadow banker for cryptocurrency exchanges is facing up to 90 years in jail after pleading guilty to bank fraud, bank fraud conspiracy and operation of an unlicensed money transmitting business. Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
Crypto Heists Don’t Seem to Scare Investors
April 27, 2022

Despite a number of recent high-profile thefts targeted cryptocurrency projects, investors haven’t been scared away from the sector. 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...

Cryptocurrency
PSCU Debuts Cryptocurrency Microsite for Credit Unions
April 27, 2022

Payments credit union service organization PSCU announced Wednesday (April 27) that it is debuting a new cryptocurrency microsite, which will be “targeted and specifically curated” for credit unions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
UK’s Financial Regulator Chief Lures Crypto Firms
April 27, 2022

Nikhil Rathi, the Head of the U.K.’s Financial Conduct Authority (FCA), gave a speech at City Week 2022 on April 26, in which he stressed the importance of supporting innovation to encourage the U.K.’s economic growth and its international competitiveness. For Rathi, this means continuing...

Cryptocurrency
Crypto Seen as Africa’s Cross-Border Payments ‘Game Changer’
April 27, 2022

Flexibility, speed and low transaction fees. 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...

Cryptocurrency
Today in Crypto: Fort Worth to Mine Bitcoin; Buenos Aires to Allow Crypto Tax Payments
April 26, 2022

Ether has said it plans to do better at upping its status in the crypto world, though “the clock’s ticking,” Reuters reported Tuesday (April 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
Crypto Investments Can Turn Black to Red and Back Overnight, but Owners Still Want to...
April 26, 2022

Bitcoin tanked on April 26, dropping more than 5% over the course of the day, reaching just under $38,000. 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
Critics Raise Caution Over Congress Members Who Own Crypto Assets
April 26, 2022

As Congress begins to regulate the burgeoning cryptocurrency sector, critics have raised concerns about the increasing number of lawmakers who own digital assets, Bloomberg reported Tuesday (April 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
ECB’s Crypto Point Man: Real-Time Payments Can Blunt Stability Threat Posed by Digital Assets
April 26, 2022

The European Central Bank’s (ECB’s) point man on crypto regulation thinks real-time payments are necessary to blunt the advance of digital assets into the payments sphere. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...