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
Trolling Sanctions, Top Russian Pol Suggests Bitcoin For Gas
March 24, 2022

In other circumstances, you’d have to wonder if Pavel Zavalny, head of the Russian State Duma’s Committee on Energy, was trolling European Central Bank President Christine Lagarde when he suggested that the government would sell its natural gas for bitcoin. Get the Full Story Complete...

Cryptocurrency
Today in Crypto: BlackRock CEO Sees Russia-Ukraine War As Crypto Catalyst; Exxon Considers Expanding Gas-to-Bitcoin...
March 24, 2022

Larry Fink, chief executive of BlackRock, has said the Russia-Ukraine war could boost digital currencies’ timeline to be a tool for settling international transactions, Reuters reported Thursday (March 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
Malaysian Finance Minister: Crypto Will Not Become Legal Tender
March 24, 2022

Cryptocurrencies will not become legal tender in Malaysia, the country’s deputy finance minister said Thursday (March 24). 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
Alviere Partners With Coinbase to Bring Crypto Services to Customers
March 24, 2022

Embedded finance company Alviere is bringing cryptocurrency services to its HIVE platform via a partnership with Coinbase Prime, according to a Thursday (March 24) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
Crypto Promotions in the UK Will Be Harder To Get Approved 
March 24, 2022

Advertising cryptocurrencies and other crypto assets in the U.K. has been largely unregulated — like the crypto industry itself — and according to regulators, the lack of specific rules in this space could harm retail investors as they may not be aware of the risks...

Cryptocurrency
PYMNTS DeFi Series: What Is an Algorithmic Stablecoin? DAI and the Fiat-Free Dollar Peg
March 23, 2022

Welcome to PYMNTS’ series on decentralized finance, or DeFi. 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,...

Cryptocurrency
Today in Crypto: Stablecoin Cashio Loses $28M in Value After Glitch Attack; Figure Lets Homebuyers...
March 23, 2022

Cashio, the Solana-based stablecoin protocol, has succumbed to an “infinite glitch” attack, according to developers, Coindesk wrote Wednesday (March 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
Ban in Thailand Adds to Growing Backlash Against Crypto Payments
March 23, 2022

Thailand has announced a ban on using cryptocurrencies as a means of payment, joining a growing number of countries, including India, Indonesia and Turkey, that are limiting the use of digital assets to investments or are considering it. Others, most notably China, have banned crypto...

Cryptocurrency
Gemini Payments Granted Digital Money License in Ireland
March 23, 2022

Gemini Payments is the latest company to be granted a license to issue digital money in Ireland, The Irish Times reported Tuesday (March 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...