Cryptocurrency

A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

(source: en.wikipedia.org)

Cryptocurrency
Crypto Trading Volumes Hit Record $68.3 Billion On Monday
January 05, 2021

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...

Cryptocurrency
Ripple Sued By Investor Over SEC Troubles
January 05, 2021

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...

Cryptocurrency
Square CEO Pushes Back On FinCEN’s Proposed Crypto Rules
January 04, 2021

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...

Cryptocurrency
Up Up Up For Cryptos – But What Comes Next?
January 04, 2021

$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,...

Cryptocurrency
Bitcoin Daily: Unicas Opens Physical Crypto Bank Branch In India; Mayor Eyes Investing 1 Pct...
January 01, 2021

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...

Cryptocurrency
Highs And Lows Of 2020 Could Be 2021’s Dress Rehearsal For Bitcoin And Cryptos
December 31, 2020

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...

Cryptocurrency
Fed, Not Bitcoin To Drive Crypto’s Transformation
December 30, 2020

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....

Cryptocurrency
Central Bank Of Russia: Electronic Money Could Render SWIFT Obsolete
December 28, 2020

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...

Cryptocurrency
Report: As Crypto Becomes More Popular, Regulation Will Increase
December 28, 2020

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...