(source: en.wikipedia.org)
Cryptocurrency investors disillusioned by bitcoin are reportedly flocking to a new token: Zcash. That’s according to a report Thursday (May 14) from the Wall Street Journal (WSJ), which said this shift to the privacy-focused Zcash comes as bitcoin enthusiasts worry that the coin no longer...
The Bank of England will reportedly relax its restrictions on stablecoins following pushback from cryptocurrency companies. This move comes after one of the central bank’s top officials said its earlier proposals might have been “overly conservative,” the Financial Times (FT) reported Thursday (May 14). Sarah Breeden, the bank’s...
Stablecoins have the infrastructure they need to scale. And the landscape keeps building more of it. What’s missing is a payment experience people can trust, WalletConnect CEO Jess Houlgrave told PYMNTS. “We’ve gotten to this stage, predominantly actually over the last 18 months, where the...
Coinbase has added Solana (SOL) to its crypto-backed loans offering. “Holding SOL? SOL-backed loans are now available on Coinbase,” the company said in a Tuesday (May 12) post on X. “Instantly borrow up to $100K in USDC against your Solana without selling.” According to a Coinbase webpage...
Washington’s crypto negotiations are entering a pivotal 72-hour stretch ahead of Thursday (May 14)’s Senate Banking Committee markup of the Digital Asset Market Clarity Act. The pressure campaign around the bill is escalating as the finish line nears. The backdrop: Senate Banking Committee Chairman Tim...
Banks require a government-issued ID. Credit cards require a physical applicant. Payment processors require multifactor authentication from a person. An artificial intelligence agent has none of those things. Traditional financial infrastructure was built around human account holders, with know-your-customer rules, signatures and liability frameworks tied...
There may be few days as important to crypto in the U.S. as this coming Thursday (May 14). That’s when the Senate Banking Committee is scheduled to mark up the CLARITY Act, potentially moving forward the establishment of a formal market structure framework for cryptocurrencies...
Anchorage Digital will take a less active role in the Global Dollar Network as it becomes a white-label stablecoin issuer for more companies and takes a more neutral stance on individual stablecoins, CoinDesk reported Monday (May 11), citing its interview with Anchorage Digital CEO Nathan...
Crypto.com says United Arab Emirates residents can now use its platform to make government payments in cryptocurrency. That announcement came Monday (May 11) after the UAE granted the cryptocurrency platform a stored value facilities (SVF) license, making it the first such virtual assets service provider (VASP) to be...