London challenger bank Revolut has rolled out four new crypto tokens — EOS, OMG Network, Tezos and 0x — for users in the Europe Economic Area (EEA), the company said in a blog post on Thursday (Dec. 10). Revolut first added bitcoin, ether and litecoin...
Paxos, a stablecoin issuer and crypto services firm, has filed to become a federally-regulated bank in the U.S., Coindesk reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Facebook’s Libra (OK, now it’s been renamed to Diem) looms as 2021 dawns – maybe – and in a form diminished from its initial ambitions back in 2019, to disrupt the monetary system itself. Get the Full Story Complete the form to unlock this article...
Ripple CEO Brad Garlinghouse has walked back his intent to leave the U.S. over uncertain crypto regulations, according to a report by CoinDesk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
A new bill introduced in the U.S. Congress would make stablecoins illegal unless they’re approved by the government, according to a report by Cointelegraph. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Goodbye Libra and hello Diem. Facebook’s cryptocurrency project on Tuesday (Dec. 1) unveiled a new name as it seeks to put some distance between itself and its powerful but controversial Big Tech sponsor. Get the Full Story Complete the form to unlock this article and...
With apologies to T.S. Eliot: This is the way Libra launches — not with a bang, but a whimper. 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...
European Central Bank President Christine Lagarde wrote in an editorial that she thinks stablecoins could pose a risk to “financial stability and monetary sovereignty.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
When PayPal announced recently that its 350 million users can deposit bitcoin and other cryptocurrencies in their accounts and spend it at 26 million merchants next year, it was characterized as the inevitable advance of digital currency. Daniel Gouldman, CEO of crypto-banking platform operator Ternio, told Karen...
