According to reports out in The Wall Street Journal this morning, Facebook has found some big-name backers for its Libra cryptocurrency project set to debut next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
AT&T has announced that customers can now pay bills with cryptocurrency using BitPay, a crypto payment service, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Crypto hubs are creating digital currencies to bolster local commerce within cities: Tel Aviv, for instance, is distributing cryptocurrency in an experimental rewards program. Customers who make purchases through an app from Colu designed to support local payments at businesses will get 25 coins in...
OneCoin has sent a letter to the press denying that it is a “hybrid Ponzi-pyramid scheme” and scam. 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...
All businesses need capital to survive. That is especially true for embryonic firms with untested business models or products or services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Fundamentals? Or merely a blip? 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 agree to receive...
In response to questions by law enforcement, financial institutions and regulators, the Financial Crimes Enforcement Network (FinCEN) issued guidance for companies and individuals “engaged in expanding fields of financial activity.” The guidance was called Application of FinCEN’s Regulations to Certain Business Models Involving Convertible Virtual...
Facebook is shoring up its secretive blockchain team with hires from PayPal, according to a report by Bloomberg, and the company might be planning to release its own type of cryptocurrency, which could be announced as soon as the next quarter. Get the Full Story...
Tencent-owned Chinese chat app WeChat has altered its terms of service agreement to stop merchants from raising funds using cryptocurrency or tokens, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
