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
‘Travel Rule’ To Force Crypto Exchanges To Share Customer Data
November 15, 2019

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...

Cryptocurrency
Will The IRS Take A Bite Out Of Crypto’s Wild Ride?
November 12, 2019

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,...

Cryptocurrency
Former Fed Chair: Central Banks Have No Reason To Issue Digital Currencies
November 12, 2019

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...

Cryptocurrency
China Making Privacy Allowances As It Plans Digital Currency Launch
November 12, 2019

China is planning to launch a digital currency in early 2020 that will make allowances for privacy, a senior central bank official said on Tuesday (Nov. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
Andreessen Horowitz To Launch School For Blockchain/Crypto Startups
November 08, 2019

Venture capital firm Andreessen Horowitz is offering a course to help entrepreneurs better understand blockchain technology and cryptocurrency companies, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
EU’s Public Version Of Libra Could Soon Make Headway
November 08, 2019

With the caveat that the project faced challenges and was for the long term, senior officials have noted that progress on the feasibility of a European Central Bank (ECB)-backed crypto could be made in the months to come. A public digital currency would provide an...

Cryptocurrency
EU Draft Floats Digital Currency Proposal To Counteract Libra
November 05, 2019

A European Union draft document says the European Central Bank (ECB) should contemplate issuing its own digital currency, Reuters reported on Tuesday (Nov. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Global Watchdog IOSCO: Libra Could Be Subject To Securities Rules
November 04, 2019

The International Organization of Securities Commissions (IOSCO) said existing securities rules could be applied to Libra, Facebook’s proposed cryptocurrency, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
Researchers Say Bitcoin’s Spike Was Triggered By Tether
November 04, 2019

Hook, line and sinker, amid bulls and whales. 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, you...