Cryptocurrency

Cryptocurrency
Circle’s $440 Million Funding Round Underscores DeFi’s Rise
June 01, 2021

If you subscribe to the old saying “follow the money,” this might be a good time to take the lead of the big-dollar investors and VCs who are putting significant sums to work in the decentralized finance space. That budding business that allows individuals and enterprises to...

Cryptocurrency
US Eyes ‘Regulatory Perimeter’ For Cryptos, Report Says
May 31, 2021

Senior officials at a handful of U.S. financial regulatory agencies are exploring new ways to regulate the cryptocurrency market but have yet to decide how to do so, the Financial Times (FT) reported on Sunday (May 30). Get the Full Story Complete the form to...

Cryptocurrency
Bitcoin Daily: Irish Central Bank Director Worries About Cryptos’ Popularity; Starling Bank Stops Customer Deposits...
May 31, 2021

Derville Rowland, director general of finance conduct at Ireland’s Central Bank, is concerned about the proliferation of cryptocurrencies, according to The Independent on Monday (May 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
PayPal Plans To Add Crypto Withdraw Feature
May 31, 2021

PayPal will soon let customers who hold cryptocurrency in their accounts transfer the funds to external digital wallets rather than just hold or spend the money, CoinDesk reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
The Calm Before Crypto’s Cross-Border And Tax Storm
May 31, 2021

Crypto, crypto everywhere — or so the exchanges and a growing number of merchants hope. And given the growth of digital transactions and cross-border commerce, it seems that many consumers are hoping so, too. Get the Full Story Complete the form to unlock this article...

Cryptocurrency
Crypto Crash Continues: Bitcoin Down 47.8 Pct Since April High
May 30, 2021

Bitcoin dipped another 5.16 percent on Saturday (May 30), falling now to $33,849.47, Reuters 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,...

Cryptocurrency
Swedish Central Bank Working With Handelsbanken For Digital Coin Trial
May 28, 2021

Sweden’s central bank Riksbank said on Friday (May 28) that it is collaborating with lender Handelsbanken to test the digital currency e-krona, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Dubai Officials: ‘DubaiCoin’ Never Received Any Governmental Approval
May 28, 2021

The government of Dubai has announced that a so-called “DubaiCoin” digital token was not given the green light by “any official authority” and that promotions of the digital currency are a scam, according to a tweet. Get the Full Story Complete the form to unlock...

Cryptocurrency
Big Banks Express Caution Over Crypto At Senate Hearing
May 27, 2021

Chief executives from the biggest U.S. banks testified before the U.S. Senate Banking Committee on Wednesday (May 26) to express concerns about cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...