The Financial Action Task Force (FATF), a Paris-based intergovernmental group that oversees government policy on illegal finance, is calling for more stringent cryptocurrency regulations to help thwart money laundering and other criminal activity, according to a Thursday (Oct. 28) report from the Wall Street Journal....
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The law of unintended consequences makes it so that a positive impact in one place has a negative ripple effect somewhere else. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
PYMNTS research finds that nearly 60% of consumers making cross-border remittances in the past year increased such payments under the pandemic, and, with U.S. consumers sending some $76 billion annually in remittances to people in other countries, the potential to reduce the cost of these...
Senator Rand Paul is wondering whether cryptocurrency could dethrone the dollar as the world’s reserve currency as it continues to grow in popularity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Digital asset platform Bakkt saw its stock jump significantly Monday (Oct. 25) in the wake of its collaboration with Mastercard that gives cryptocurrency access to its customers, Barron’s reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Real-time digital payments provider ACI Worldwide is partnering with cryptocurrency payments platform RocketFuel Blockchain to bring alternative currency payments capabilities to merchants around the globe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In much the same way that the shift from in-person retail to digital shopping has changed retail over the past decade, the expanded possibilities surrounding cross-border remittances are set to follow a similar transformation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Toy and entertainment company Hasbro, Inc., announced Friday (Oct. 22) during Hasbro Pulse Con that it has teamed up with The Worldwide Asset eXchange (WAX) for its first non-fungible token (NFT) collection, featuring the Power Rangers, according to an Action Figure Insider report. Get the...
