For stablecoins, per analysis by the President’s Working Group on Financial Markets in its long-awaited report: Promise, yes. A bit of risk, too … so legislation is needed to ensure that only banks are in the mix to issue the coins, which, as widely noted and...
The total value of all EverGrow Coin (EGC) in circulation topped $1 billion Sunday (Oct. 31) after an 18,000 percent spike in the past month, according to data from Coingecko.com cited by Newsfile Corp in a Yahoo report. Get the Full Story Complete the form...
The price of a cryptocurrency that can be used in a metaverse leaped 164% in 12 hours, the New York Post reported Sunday (Oct. 31), citing data from Coinbase. Decentraland’s MANA virtual reality cryptocurrency reached $4.33 Saturday evening; a week earlier, it had been around...
Amrita Ahuja, the chief financial officer (CFO) for the digital payments firm Square, can see a future where the internet has its own currency — and bitcoin, she believes, is the most likely prospect. Get the Full Story Complete the form to unlock this article...
The TV show “Squid Game,” which became the most popular show on Netflix after its release last month, now has a cryptocurrency named after it, CNBC reported Thursday (Oct. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
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...
