As firms such as ETC Group and 21Shares launch, or plan to launch, bitcoin exchange-traded products (ETPs), State Street’s exchange-traded funds business is mulling how it can harness increasing client demand for digital currencies like bitcoin, Financial News reported. Get the Full Story Complete the form...
Speaking at the 13th annual Lujiazui Forum in Shanghai, Mu Changchun said that the state-backed digital yuan can be stored in a variety of wallets — digital, physical, personal, or public — Bloomberg reported on Friday (June 11). Get the Full Story Complete the form...
The Basel Committee on Banking Supervision is looking for input on its preliminary ideas as to how the exposure of banks to digital assets should be treated, according to a Thursday (June 10) press release. Get the Full Story Complete the form to unlock this...
The national banks of France and Switzerland say they will conduct an experiment using wholesale central bank digital currencies (CBDCs) for cross-border settlement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
ForUsAll, a 401(k) provider, plans to give some workers the option to invest in cryptocurrencies starting in July. 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...
All eyes may be on cryptocurrencies, with the wild gyrations in price of bitcoin and other offerings, and headlines swirling around ransomware. On the one hand, El Salvador has embraced bitcoin as legal tender, on the other hand, nations such as China have all but...
A regulatory framework is needed for stablecoins like tether, former Commodity Futures Trading Commission Chairman (CFTC) Timothy Massad said in an interview with CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Virtual cloud desktop startup Shells will now be accepting cryptocurrency via BitPay, according to a press release. 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...
A central bank digital currency (CBDC) could provide benefits such as greater financial inclusion, but such a token would require a deep investment in research and development, an expert is expected to say before a U.S. Senate subcommittee hearing on Wednesday (June 9) entitled “Building...
