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
Global Regulator Mulls Cryptocurrency Framework
February 10, 2022

An international organization that monitors the global financial system is examining how to regulate cryptocurrency. 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,...

Cryptocurrency
At Senate Hearing, CFTC Chair Behnam Steps Up Battle With SEC for Crypto Oversight
February 10, 2022

Fresh from his confirmation hearing, Commodity Futures Trading Commission Chairman Rostin Behnam made another, more aggressive pitch for authority over the cryptocurrency market in front of the Senate Agricultural Committee Wednesday (Feb. 9). Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
Today in Crypto: Twitter Invests in Bitcoin Payments Provider OpenNode; Japan’s Line App Tests Merchant...
February 09, 2022

Bitcoin’s supply cap of 21 million might make it the best way to hold as an inflation hedge — but recently, Bank of America thinks it’s a risk asset, CoinDesk reported Wednesday (Feb. 9). Get the Full Story Complete the form to unlock this article...

Cryptocurrency
Banks, Asset Managers, Corporates Climb Back on the Bitcoin Bandwagon
February 09, 2022

The idea that bitcoin is a store of value that will, like gold, ride the wave of inflation has been tested lately, especially after it crashed along with the stock market following news that inflation has hit a 40-year high. The Fed made it clear...

Cryptocurrency
PYMNTS Crypto Crime Series: Bitfinex Using $3.6B Seized in Hacking Arrests to Cover Shadow Banking...
February 09, 2022

The timing of the arrests of Ilya Lichtenstein and Heather Morgan on charges that they stole $4.5 billion in bitcoin from cryptocurrency exchange Bitfinex in 2016 couldn’t be more auspicious. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
Voyager Plans to Let Users Buy Stocks With USDC
February 09, 2022

Cryptocurrency platform Voyager Digital says it will launch a feature this year that lets customers purchase stocks with the stablecoin USDC. 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: Crypto Industry Expected to Boost Political Spending; US DOJ Seizes $3.6B in...
February 08, 2022

Digital wealth management platform Betterment announced Tuesday (Feb. 8) that it will buy automated crypto portfolio provider Makara. 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
Aiming for Market Integrity, New Crypto Association is Formed
February 08, 2022

Back in late 2018, something interesting happened when cryptocurrency exchange Coinbase listed a new decentralized finance (DeFi) token called 0x: It jumped from $0.65 to $1.08, and the Coinbase Effect was born. Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
PayPal Creates Advisory Panel for Crypto
February 08, 2022

PayPal is adding several new members to its cross-disciplinary advisory council on Blockchain, Crypto and Digital Currencies (BCDC). 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...