Cryptocurrency

Cryptocurrency
Big Banks Will Soon Consider Crypto, Ex-Citi CEO Says
November 08, 2021

It won’t be long before the world’s banks begin thinking about trading cryptocurrencies, the former CEO of Citigroup said at a recent FinTech event. The moment will come in the next few years, Vikram Pandit told the Singapore Fintech Festival, per Bloomberg News. Get the...

Cryptocurrency
Cryptocurrency Hits $3T in Value, a New Milestone  
November 08, 2021

Cryptocurrency has grown fourfold in 2021 and is now valued at upwards of $3 trillion, according to a Monday (Nov. 8) Bloomberg report.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Wells Fargo, JPMorgan, Goldman and Others Ramp up Crypto Staffs
November 07, 2021

Wall Street leaders who scorned bitcoin over a decade ago are now looking more intensively at crypto recruits, 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 required....

Cryptocurrency
Kroger Says It Is Not Accepting Bitcoin Cash
November 05, 2021

Despite what many people may have read, Kroger is not going to start accepting Bitcoin Cash. 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...

Cryptocurrency
El Salvador Pours Bitcoin Profits Into Health and Education Amid Ongoing Chivo Wallet Fraud Furor
November 05, 2021

After President Nayib Bukele “bought the dip” and purchased 420 additional bitcoins for about $25 million last week, El Salvador now has 1,100 coins, up from the first 400 announced in early September when it became the first country first in the world to make...

Cryptocurrency
BoA COO Sees Value in Crypto for Banks 
November 05, 2021

Bank of America chief operating officer Tom Montag said at a Chainalysis event Thursday (Nov. 4) in New York City that some parts of the blockchain and cryptocurrency could enhance banks’ value.  Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
Bakkt Users Can Now Access Ethereum Through Crypto Platform 
November 05, 2021

Digital asset platform Bakkt Holdings, Inc. on Friday (Nov. 5) said users and partners will soon be able to buy, sell and hold ether, the cryptocurrency of the Ethereum network, and users can send Ethereum to family and friends through the Bakkt app.  Get the...

Cryptocurrency
Australian Watchdog Probes Commonwealth Bank’s Move into Crypto
November 05, 2021

Australia’s banking watchdog is taking a closer look into the decision by the Commonwealth Bank of Australia (CBA), the country’s largest lender, to move into crypto trading, according to Reuters and other media outlets. Get the Full Story Complete the form to unlock this article...

Cryptocurrency
France Partners With Binance in €100M Initiative To Take Crypto and Blockchain to the Moon
November 04, 2021

Cryptocurrency use continues to gain pace around the world as consumers and businesses increasingly embrace digital currencies for payments and cross-border remittances. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...