Cryptocurrency

Cryptocurrency
BitPay, Simplex Team on Seamless Crypto Buying
December 20, 2021

Crypto payment service provider BitPay has announced a new promotion for seamless crypto buying without any card fees through the BitPay Wallet app, the company announced Monday (Dec. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
FTX.US Sponsorship Deal With NBA’s Washington Wizards Puts It Front and Center With DC’s Power...
December 20, 2021

Pouring yet another bucketload of cash at a sports team, FXT.US cryptocurrency exchange CEO Sam Bankman-Fried’s latest deal with the NBA’s Washington Wizards has given him a high-profile perch as the industry tries to woo regulators and legislators. Get the Full Story Complete the form to...

Cryptocurrency
Another Grim Day for DeFi as Hackers Loot $30M From Fantom Blockchain Yield Farming Project
December 20, 2021

Hackers looted more than $30 million from a decentralized finance project over the weekend, leading to a user exodus that saw more than 95% of the tokens invested in the project withdrawn. Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
BitPay, Simplex to Offer Fee-Free Crypto Buys in US  
December 20, 2021

Bitcoin payment service provider BitPay is teaming with payment processing gateway Simplex to enable U.S. residents to buy crypto without fees via the BitPay Wallet app using the BitPay debit card, Apple Pay or Google Pay, according to a Monday (Dec. 20) press release.  ...

Cryptocurrency
Global Regulators Could Agree on Crypto Framework in 2022, Says BIS’ Benoît Cœuré
December 20, 2021

Benoît Cœuré, chief of the Bank for International Settlements’ innovation hub (BIS), suggested that financial regulators should agree on a global framework for crypto next year after the rapid growth of decentralized finance, according to the Financial Times. Get the Full Story Complete the form...

Cryptocurrency
RBI Supports a Full Ban on Cryptocurrencies in India
December 19, 2021

The Reserve Bank of India is in favor of a total ban on cryptocurrencies, Economic Times of India writes. 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
Investors Pour Almost $30B Into Crypto Firms in 2021
December 19, 2021

Cryptocurrency has had a big year, with venture capital funds pouring $30 billion into crypto — more than all previous years combined, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Treasury Official Presses Congress to Create Uniform Crypto Framework
December 19, 2021

For stablecoins, the push for new regulation seems to be taking on new urgency, sounding alarm bells over what might be a systemic risk in financial services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
Crypto Added to China’s Blacklist of Short Videos Deemed Taboo
December 19, 2021

Short videos about cryptocurrency are now banned as part of China’s updated blacklist of taboo subjects that include topics like showing sexual content, ridiculing the government, provoking dogmatism, discussing fascism, and anything that questions the country’s ideology, Bitcoin.com reported. Get the Full Story Complete the...