Jerome Powell, Federal Reserve chair, has clarified previous comments about cryptocurrency, saying he doesn’t want to ban the digital currency, a Bloomberg video says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In the push toward cryptocurrency regulations, a fragmented approach still reigns. Depending on where you look, there are outright bans (in China), while other nations, such as the United States, are in the midst of developing crypto frameworks. Get the Full Story Complete the form...
A U.S. senator said she thinks stablecoins should be backed by cash and might need to be issued by banks, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Affirm, which works in the buy now, pay later (BNPL) field, will be joining the bitcoin space, CNBC reported. 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...
A pair of U.S. senators, Maggie Hassan (D-N.H.) and Joni Ernst (R-Iowa), proposed new legislation on Monday (Sept. 27) that would require the Treasury Department and other agencies to track cryptocurrency mining and global use cases, according to a Coindesk report Tuesday (Sept. 28). Get...
From in-person retail to digital options, the decade-long shift in how consumers send money abroad has expanded possibilities for cross-border remittances, and people are now favoring cheaper options that allow them to transfer funds easily, securely and conveniently across borders. Get the Full Story Complete...
With any disruptive technology there is both promise and peril — the intrigue of innovation and the risk that it all goes wrong, endangering its own users, perhaps even giving fraudsters new avenues to ply their schemes. Get the Full Story Complete the form to...
One of the world’s largest Ethereum mining pools is closing up shop amid China’s move to ban cryptocurrencies within its borders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Blockchain and Global Business: Assessing the Potential for Multinational Companies and Financial Institutions, a PYMNTS and Circle collaboration, surveyed executives at 250 multinational businesses and 250 financial institutions (FIs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
