Digital currencies could render the SWIFT global payments network unnecessary, RT.com reported, citing the Central Bank of Russia (CBR). 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...
Bitcoin has had a good year despite numerous global challenges, becoming more popular than ever. But in doing so, it will now face more scrutiny from regulators, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The second trial of digital yuan by the People’s Bank of China has concluded, resulting in hundreds of thousands spent on eCommerce retail, food delivery and ride-sharing, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and...
If 2020 taught us anything about cryptocurrencies, it’s that they’ve reached a tipping point. Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The road to mainstream acceptance of cryptocurrencies will still have its bumps, its potential roadblocks set in place from regulators. At the heart of it all might lie a jousting existential in nature — namely, between the companies that create and issue cryptos and the agencies...
Ripple Labs Inc. said the Securities and Exchange Commission (SEC) is poised to file a lawsuit against the San Francisco-based cryptocurrency company over the alleged sale of unlicensed securities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The U.S. Treasury Department proposed sweeping new rules late Friday (Dec. 18) that the government says would make convertible digital currencies like bitcoin less attractive to criminals engaging in crimes such as ransomware attacks. Get the Full Story Complete the form to unlock this article...
Facebook’s Libra might be fading a bit as a perceived threat to monetary systems that have been in place around the globe for centuries. But the race is still on for central banks to develop their own digital versions of fiat to take their place...
Amid the rallies that have marked all manner of asset classes in 2020 – where things hummed along to start the year, turned sour in the spring and then rebounded (nay, roared) into the waning months, bitcoin stands out. Get the Full Story Complete the...
