Cryptocurrency

Cryptocurrency
Binance Users Want Money Back After Glitch Following Crypto Crash
July 12, 2021

Binance froze for over an hour while the price of bitcoin and other cryptocurrencies fell — and now this has led to lawsuits, The Wall Street Journal (WSJ) reported Sunday (July 11). Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
From Ban To Fan: India Mulls Possible U-Turn On Cryptocurrencies
July 12, 2021

The shot may have been fired across the bow for bitcoin-as-currency just a few weeks ago. El Salvador became the first country to accept the marquee cryptocurrency Bitcoin as legal tender. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
Chinese Crackdown Leads To Crypto Slump
July 12, 2021

Trading on major cryptocurrency exchanges fell by more than 40 percent in June, thanks in part to stricter regulations in China, new research shows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
China Gives Out Total Of $41.5M As Country Speeds Up Digital Yuan Tests
July 12, 2021

China continues at a brisk pace on its long march to launching a digital currency. Trials for the central bank digital currency (CBDC) have taken place in such cities as Chengdu, Shenzhen and Suzhou. Get the Full Story Complete the form to unlock this article...

Cryptocurrency
BIS Report: CBDCs Can Cut Cross-Border Payments’ Friction Points
July 12, 2021

For central bank digital currencies to reach their full potential, banks must look beyond domestic use — and examine CBDCs’ risks and rewards for cross-border transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
Square Building Hardware Wallet For Cryptocurrencies
July 09, 2021

Square is working on a hardware wallet for cryptocurrency and is putting together a team of engineers to get the process started, Reuters reported on Friday (July 9), citing tweets from Square Hardware Lead Jesse Dorogusker. Get the Full Story Complete the form to unlock...

Cryptocurrency
Digital Yuan Lottery Now Open To 10M Consumers In China
July 08, 2021

China’s expanding digital yuan trial is now open to 10 million people, all of whom are hoping to be part of the historic launch of a virtual currency backed by a central bank, Bloomberg reported Thursday (July 8). Get the Full Story Complete the form...

Cryptocurrency
Circle Announces SPAC Listing Plans; Deal Combines Crypto’s Hyper Growth With USD’s Stability
July 08, 2021

The latest entrant to the SPAC parade has all the buzz of crypto and blockchain, but is rooted in the dollar and in stablecoins. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Visa Expands Ecosystem For Crypto-Linked Cards As Spending Tops $1B
July 08, 2021

Visa said it had struck partnerships with more than 50 cryptocurrency platforms and exchanges to allow end-users to spend digital currencies at 70 million merchants globally via crypto-linked cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...