In spurring new consumer behavior, scale matters. That’s especially true with cryptocurrencies, where making the leap from speculation to actual transactions (you know, the kind tied to goods and services) may be more marathon than sprint. Get the Full Story Complete the form to unlock...
Fidelity Digital Assets will soon be collaborating with Silvergate Bank as its second lender extending cryptocurrency-backed loans, Silvergate announced in a press release on Monday (March 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Private, yes. Anonymous, no. In the race to bring central bank digital currencies (CBDCs) into the mainstream, key questions revolve around how they will be issued, accounted for and tracked. At issue, then, is whether individual recipients and users would have anonymity as they spend...
There are some who think that non-fungible tokens (NFTs) are just a fad. After all, as the old investing maxim goes: Price is what you pay, value is what you get. In recent months, we’ve seen tens of millions of dollars paid for artwork. As reported,...
Crunchfish, the Swedish FinTech backed by billionaire Mohammed Al Amoudi, has now come up with a new digital cash fix, Bloomberg writes. The new technology would allow for people to pay merchants in real time, offline and in any currency, including central bank digital currency...
Visa announced Monday (March 29) that it is the first major payments network to settle transactions in dollar denominated stablecoins, which the company claimed is an important step into bringing cryptocurrencies into the payments and commerce mainstream. Get the Full Story Complete the form to...
The Bank of Thailand (BOT) is unsure what it will end up doing about cryptocurrency, a report from The Thaiger says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Global FinTech Circle has rolled out a complete payments solution intended to let non-fungible token (NFT) marketplaces and storefronts accept credit card and crypto payments in the hope of attracting a more widespread audience, according to a press release. Get the Full Story Complete the...
Billionaire investor and the world’s biggest hedge fund founder Ray Dalio said that the history of money has left hints that bitcoin could face being outlawed by the U.S. government, just as gold was in 1934. Get the Full Story Complete the form to unlock...