The price of bitcoin kept going up and up and up for months — to a high of more than $40,000. Then, on Monday (Jan. 11), the market came crashing down. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The regulatory path to bringing stablecoins to commercial, traditional banking activities is getting clearer. And as a result, we may see these coins – defined as cryptocurrencies that are pegged to some underlying unit of value (such as U.S. dollars) – gain a wider embrace...
Trading volumes on cryptocurrency exchanges have been doing extraordinarily well this week, hitting a new record volume of $68.3 billion, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Ripple Labs, which makes the XRP token, was sued by investor Tetragon Financial Group after the U.S. Securities and Exchange Commission (SEC) said virtual tokens were sold improperly, Bloomberg reported Tuesday (Jan. 5). Get the Full Story Complete the form to unlock this article and...
Payments provider Square has spoken out against a recent Financial Crimes Enforcement Network (FinCEN) rule that would require cryptocurrency service providers to keep more detailed records on bitcoin transactions as opposed to most other kinds of cash transactions. Get the Full Story Complete the form...
$20,000 seems so … long ago and far away. 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. By completing this form,...
Indian FinTech Cashaa and the country’s United Multistate Credit Cooperative Society teamed up to launch what they say is the world’s first cryptocurrency bank branch through a joint-venture bank called Unicas, according to a release. Get the Full Story Complete the form to unlock this...
This year is one for the history books for all sorts of reasons, not all of them bad. For cryptocurrencies, 2020 shaped up to be a banner year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
At a time when 90 percent of Americans have never owned bitcoin and nearly 70 percent say they have no plans to do so in the future, the thought of widespread adoption and usage of cryptocurrency seems to be a distant prospect for most people....