In the bid to bring cryptocurrencies ever more into the mainstream — in retail use cases and commercial ones — the competition has been shaping up to be one between cryptos like bitcoin, stablecoins and central bank digital currencies (CBDCs). Get the Full Story Complete...
Ongoing concerns over the spread of the COVID-19 Delta variant have led to bitcoin’s largest decline in four weeks, below $30,000, according to a Tuesday (July 20) report in CoinDesk. Bitcoin sellers were active in Asia Tuesday morning, according to the report. Get the Full...
U.S. Treasury Secretary Janet Yellen told regulators it is critical that the government establishes and adopts a framework for digital currency stablecoins, Reuters reported on Tuesday (July 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look like as recovery rolls on and the next iteration of normal rolls out. In this excerpt, Eden Doniger, general counselor...
There was a total of $5 billion in transactions with China’s new central bank digital currency (CBDC) by the end of June, the Peoples’ Bank of China said in a new report. Get the Full Story Complete the form to unlock this article and enjoy...
U.S. Treasury Secretary Janet L. Yellen has convened top financial markets advisors and regulators to discuss the potential — both good and bad — of stablecoins, her office announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The People’s Bank of China (PBOC) is evaluating use of the digital yuan for cross-border payments and is open to discussions about developing worldwide principles with the international monetary system, Reuters reported on Friday (July 16), citing a white paper. Get the Full Story Complete the form...
Square is working on a new platform for decentralized finance (DeFi), Bloomberg 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 to our daily newsletter, PYMNTS Today....
In world that is literally filled with crypto volatility and speculation, Europe’s appetite for something that is more stable is understandable. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...