Cryptocurrency

Cryptocurrency
Cryptocurrencies May Reduce the Competition From US Dollar
January 31, 2022

Billionaire CEO Michael J. Saylor has called bitcoin an essential invention and recently said he owned nearly 18,000 bitcoins worth about $740 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Travala on the Onboarding Challenges of Cryptocurrency Payments
January 31, 2022

While cryptocurrency payments are rapidly gaining traction, accepting crypto comes with a variety of issues, such as long processing times and the risk of fraud. In this month’s Alternative Payments Tracker, CEO and Co-founder Juan Otero of travel booking platform Travala, discusses how efficient and...

Cryptocurrency
IMF: Crypto Pitfalls Undermining Emerging Markets
January 31, 2022

Cryptocurrency price fluctuations are undermining capital flows in emerging markets, Financial Times reported, citing remarks from Tobias Adrian, financial counselor of the International Monetary Fund (IMF) and head of their Monetary and Capital Markets Department since 2017. Get the Full Story Complete the form to...

Cryptocurrency
Crypto.com Sees Number of Investors Tripling to 1 Billion by 2023
January 31, 2022

A decline in the value of cryptocurrency has dampened hopes for the digital coins to become more widely adopted, Bloomberg writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
Today In Crypto: Arizona Senator Seeks to Make Bitcoin Legal Tender in State; Russia’s Finance...
January 31, 2022

A bill proposed by a state senator in Arizona would make bitcoin legal tender there, according to a Coindesk report Friday (Jan. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Crypto.com Offers Special NFT for Chinese New Year
January 30, 2022

Crypto.com has debuted a new non-fungible token (NFT) for the Chinese Year of the Tiger, according to a report Sunday (Jan. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
PYMNTS Crypto Basics Series: What’s a Consensus Mechanism and Why Is It Destroying the Planet?
January 30, 2022

Bitcoin, blockchain and cryptocurrency are words that most people have at least heard of in 2022, as the industry exploded into the mainstream public consciousness. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
$20M PAC Launch Shows the $1.7T Crypto Industry Is Playing Catch-up on Lobbying
January 28, 2022

A new cryptocurrency industry political action committee (PAC) plans to spend $20 million to support candidates and influence policy, it announced Friday (Jan. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Citing Crypto Threats, ‘Must-Pass’ Bill Would Allow Broader Transaction Bans
January 28, 2022

A provision in the House’s version of the America COMPETES Act would strip the requirement for public notice and the time limit on the Treasury Department’s ability to ban financial transactions of any type. Get the Full Story Complete the form to unlock this article...