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...
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...
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...
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 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...
Since the listing of the Bitcoin Fund on the Dubai Nasdaq Exchange in June – considered the first cryptocurrency listing in the Middle East – the adoption of blockchain technology and cryptocurrency has continued to rise in the region, with Dubai expected to have more...
As with any set of policy recommendations or any white paper – there are the findings, and then there are the ripple effects and the implications. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A digital currency based on Netflix TV show “Squid Game” suffered a massive blowback Monday (Nov. 1) and is now trading at $0, with the creators cashing out, according to CNN Monday (Nov. 1). Get the Full Story Complete the form to unlock this article...
Aaron Rodgers, quarterback for the Green Bay Packers, plans to take part of his salary in bitcoin and give away $1 million in the cryptocurrency to fans, Bloomberg reported. The move is part of his promotion with Cash App, the Square-backed mobile payments company. Get...
