Cryptocurrency

Cryptocurrency
Circle Squares Transparency On Dollar Reserves
July 21, 2021

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...

Cryptocurrency
Escalating Fears Over Delta Variant Lead To Bitcoin Decline
July 20, 2021

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...

Cryptocurrency
US Treasury’s Janet Yellen Presses For Stablecoin Regulations
July 20, 2021

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...

Cryptocurrency
Adopting A ‘Cryptocurrency Strategy’ Will Only Succeed If It Includes A Compliance Strategy
July 20, 2021

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...

Cryptocurrency
People’s Bank Of China Says Almost 25 Million eWallets Opened To Use Digital Yuan
July 18, 2021

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...

Cryptocurrency
US Regulators, Advisory Group To Look At Stablecoins
July 18, 2021

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...

Cryptocurrency
China Evaluating Use Of Digital Yuan For International Payments
July 16, 2021

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...

Cryptocurrency
Square Eyes Open Developer Platform For Crypto Products
July 15, 2021

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....

Cryptocurrency
EU’s Exploration Of Digital Euro Seen As Threat To Other Volatile Cryptocurrencies
July 15, 2021

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...