Cryptocurrency

A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

(source: en.wikipedia.org)

Cryptocurrency
France Partners With Binance in €100M Initiative To Take Crypto and Blockchain to the Moon
November 04, 2021

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...

Cryptocurrency
Mixed Reactions to Rise in Cryptocurrency Use Across the Middle East
November 03, 2021

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...

Cryptocurrency
Call for ‘Urgent Action’ On Stablecoin Signals Tougher Path for Private Issuers
November 02, 2021

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...

Cryptocurrency
Creators of Squid Crypto Cash Out; Investors Lose $2M
November 02, 2021

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...

Cryptocurrency
Green Bay Packers’ Aaron Rodgers Teams With Cash App in Crypto Giveaway
November 01, 2021

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...

Cryptocurrency
President’s Working Group: Stablecoin Risks Warrant Legislation
November 01, 2021

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...

Cryptocurrency
EverGrow Tops 60K Holders and $1B Market Capitalization
November 01, 2021

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...

Cryptocurrency
Metaverse’s Cryptocurrency Leaps in Price After Facebook Rebrands as Meta
October 31, 2021

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...

Cryptocurrency
An Internet Currency? Square CFO Amrita Ahuja Can See It
October 28, 2021

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...