Financial Intelligence Units (FIUs) from the 39-country Financial Action Task Force (FATF) and the Egmont Group Secretariat gathered in Paris to talk about the global repercussions of virtual assets, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) said in a press release. Get the...
The Silicon Valley cryptocurrency exchange Coinbase has become the first pure-play crypto startup to earn approval as a Visa principal member, the company said in a blog post on Wednesday (Feb. 19). Get the Full Story Complete the form to unlock this article and enjoy...
The cost of crimes involving bitcoin and cryptocurrency hit $4.3 billion in 2019, according to Chainalysis and The Wall Street Journal, which was a bigger figure than either of the preceding two years combined. Get the Full Story Complete the form to unlock this article...
Central bank leaders from six countries and the Bank for International Settlements (BIS) have planned an April meeting to discuss digital currencies and the parameters involved for launching their own, the Nikkei Asian Review reported on Thursday (Feb. 6). Get the Full Story Complete the...
The United States Federal Reserve is examining the possibilities and issues surrounding cryptocurrencies and digital payments, which include whether there would be a benefit to the agency issuing a digital currency, according to a report by Reuters. Get the Full Story Complete the form to...
The former Bank of France (BoF) governor Christian Noyer said that a centralized, global eCurrency is still at least a decade away. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Japanese social media network Line can begin trading its own digital currency among its 700 million users beginning in April 2020. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Although the Bank of Japan has no immediate time frame to issue digital currencies, the central bank’s deputy governor said it should explore the possibility and be ready, Reuters reported on Thursday (Jan. 30). Get the Full Story Complete the form to unlock this article...
Singapore is aiming to boost cryptocurrency firms by offering them a chance to apply for operating licenses. The move, called the Payment Services Act, will allow global cryptocurrency firms the chance to expand their operations. It will also move Singapore into a more competitive space...
