The First Deputy Governor of the central bank of France, Denis Beau, spoke in support of a blockchain-based settlement system that would allow for faster transfers of euros, as well as be more cost-efficient, according to a report by Yahoo! Finance. Get the Full Story...
There has been a larger amount of cryptocurrency crime this year than last, and criminals are getting away with more and more money, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The central bank in China has started a fresh suppression campaign on crypto in the country’s financial hub of Shanghai after President Xi Jinping said the country needed to speed up the development of blockchain technology, according to a report by Reuters. Get the Full...
A group of senators have introduced a bill that would classify Facebook’s proposed cryptocurrency Libra as a security under the law, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Cryptocurrency forensics and analysis firm Elliptic found that roughly $400 million worth of XRP tokens on the Ripple payment network is connected to illegal transactions, Elliptic said in a press release on Wednesday (Nov. 20). Get the Full Story Complete the form to unlock this...
Among the biggest problems for cryptocurrency — if not the biggest — is legitimacy. The world seems to be divided into two camps, at least when speaking generally: Those who think bitcoin and other digital currencies provide the promise of transactional efficiency in the coming...
The director of the Financial Crimes Enforcement Network (FinCEN), Kenneth Blanco, said on Friday (Nov. 15) that the U.S. government is going to strictly oversee the implementation of rules that would force crypto exchanges, marketplaces and digital wallets to identify their customers when they do...
April is months away, but tax season is likely top of mind for crypto holders. 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,...
Former U.S. Federal Reserve Chairman Alan Greenspan said Tuesday (Nov. 12) that central banks have no reason to issue digital currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...