Cryptocurrency

Cryptocurrency
El Salvador’s Bitcoin Legal Tender Debut Gets Off to Bumpy Start 
September 17, 2021

As with any new project, with grand design, new-fangled technology, a seismic shift in the way people do thing, it starts with an announcement, some fanfare and then the bumpy reality. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
Senator Decries ‘Anonymity’ of Crypto in Crimes, Calls on Gov’t to Act
September 16, 2021

Sen. Maggie Hassan of New Hampshire has brought up concerns around the use of cryptocurrency for illicit means and has asked federal agencies to do something, The Hill reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
India’s SBI Latest Bank to Bar Payments to Crypto Exchanges
September 16, 2021

The State Bank of India (SBI) has cut off payments made with its Unified Payments Interface (UPI) to cryptocurrency exchanges, the EconoTimes reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Chivo Bitcoin ATMs Come to 10 US Cities From El Salvador
September 16, 2021

El Salvador has rolled out 50 commission-free Chivo bitcoin ATMs in 10 U.S. cities to make it easier and less expensive for people to send money to friends and family members in the Central America country. Get the Full Story Complete the form to unlock...

Cryptocurrency
AMC Brings Bitcoin to Big Screen With Crypto
September 16, 2021

It’s like something out of a movie, at least in its broadest strokes. New-fangled tech comes along, is embraced by the masses and saves troubled business as people clamor to fill aisles and fill the coffers. Get the Full Story Complete the form to unlock...

Cryptocurrency
Billionaires Cohen, Dalio Jump on Crypto as ‘Diversification’ in Portfolios
September 15, 2021

Billionaires Ray Dalio and Steven Cohen are both joining the cryptocurrency movement, putting cash to work and saying that bitcoin is a new way to diversify their holdings, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
House Bill Would Impose ‘Wash Sale’ Securities Rule on Crypto
September 15, 2021

House Democrats are putting forward legislation that will help close a tax loophole for cryptocurrency investors, making it so crypto is subject to anti-abuse rules applying to stocks, bonds and other securities, CNBC reported. Get the Full Story Complete the form to unlock this article...

Cryptocurrency
Australia’s Zip to Allow Merchants to Accept Bitcoin Payments, Adds Crypto Trading
September 14, 2021

Zip, an Australia-based buy now, pay later (BNPL) firm, has begun working in cryptocurrency, the Financial Review reported. The company compared the innovation in the medium to the internet in 1995. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
Crypto Hedge Funds See Nearly 24% Gains in August
September 14, 2021

Cryptocurrency hedge funds gained close to 24% last month thanks to huge swings in the price of digital assets, the Financial Times (FT) reported Tuesday (Sept. 14). Those increases helped the funds outpace investors in equities and currencies markets. Get the Full Story Complete the...