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
India’s Supreme Court Reverses Ban On Crypto Trading
March 05, 2020

And now, in India, get ready for the crypto deluge. 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...

Cryptocurrency
Incoming BoE Gov Scrutinizes Libra
March 04, 2020

Andrew Bailey, the incoming governor of the Bank of England (BoE), said that he wasn’t sure about Facebook’s proposed digital currency, Libra, because he wasn’t sure about whether it had backing by actual assets, according to a report by Reuters. Get the Full Story Complete...

Cryptocurrency
Japan’s Central Bank Calls For Nuance With Gov-Backed Crypto
February 27, 2020

Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya said that before they issue their own digital currencies, central banks around the world should attempt to get a better understanding of the pros and cons of the process, according to a report by Reuters. Get the...

Cryptocurrency
Judge Lets XRP Lawsuit Proceed Against Ripple
February 27, 2020

A class-action lawsuit that threatened the world’s third-largest virtual currency, XRP, will continue, as it was not thrown out at the request of blockchain payment services provider Ripple, according to Bloomberg on Wednesday (Feb. 26). Get the Full Story Complete the form to unlock this...

Cryptocurrency
Crypto Broker Tagomi Joins Libra Association
February 27, 2020

Tagomi, a digital currency upstart, will reportedly become the newest Libra Association member. According to reports on Wednesday (Feb. 26), a formal announcement is to occur Friday or the week to come. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
Canada Prepares For Future Digital Currency
February 25, 2020

The Central Bank of Canada said that while it will not be issuing a digital currency anytime soon, it will still develop a blueprint in case a pressing need becomes apparent, according to a report by Bloomberg. Get the Full Story Complete the form to...

Cryptocurrency
US Gov’t Wants To Require Disclosure Of X-Border Crypto Trading
February 25, 2020

The Commerce Department’s Bureau of Economic Analysis (BEA) in the U.S. wants to change a rule for a survey that compels financial service companies to reveal whether they have done any cross-border cryptocurrency transactions, according to a report by CoinDesk. Get the Full Story Complete...

Cryptocurrency
Warren Buffett Says Crypto Has ‘Zero’ Value
February 24, 2020

Warren Buffett, the CEO of Berkshire Hathaway, continued his public aversion to cryptocurrency by once again disavowing it as having no value, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
Financial Stability Board Calls For Current Crypto Education
February 20, 2020

Financial Stability Board (FSB) Chair Randal Quarles has warned global financial regulators that they must accelerate the creation of a framework for cryptocurrency and other forms of digital money, Reuters reported on Wednesday (Feb. 19). Get the Full Story Complete the form to unlock this...