Cryptocurrency
Most Recent
New Regulations Could Push US Dollar Stablecoins Into The Payments Mainstream
Friday 15th January - 4:03 am
For stablecoins, concept is edging closer to reality, especially for digital dollars – with a dose of regulatory clarity.
To that end, as Jeremy Allaire, CEO of Circle, told PYMNTS’ Karen Webster, ...Bitcoin Daily: Gemini Acquires Blockrize, Announces Credit Card With Crypto Rewards
Thursday 14th January - 8:29 pm
Cryptocurrency exchange Gemini announced in a press release Thursday (Jan. 14) that it will soon be offering a cryptocurrency rewards credit card with its acquisition of Blockrize, which was developing ...Today In Payments: CT AG Launches Antitrust Probe Into Amazon’s eBook Business; Petco’s $864 Million IPO Beats Forecasts
Thursday 14th January - 3:05 pm
In today’s top news, Connecticut’s Attorney General has opened an antitrust probe into Amazon’s eBook business, and Petco beat expectations in its IPO. Plus, Grab Financial raised $300 million.
Connecticut AG ...ECB's Lagarde: Bitcoin A Money Laundering Tool, Needs More Regulation
Thursday 14th January - 10:32 am
Bitcoin is about to get even more scrutiny by regulators, on a global stage.
At least it seems so, if recent comments by European Central Bank President Christine Lagarde are any ...Bitcoin Daily: OCC Grants Crypto Firm Anchorage Conditional Digital Banking License; Crypto Exchange RG Coins Owner Arrested For Money Laundering
Wednesday 13th January - 9:36 pm
The Office of the Comptroller of the Currency (OCC) granted digital asset platform Anchorage Trust Company a digital banking license, according to a press release Wednesday (Jan. 13). With the ...Today In Payments: Visa Opts Out Of Plaid Acquisition, Cites Complex Litigation; BillTrust To Make NASDAQ Debut Today Trading As BTRS
Wednesday 13th January - 3:00 pm
In today’s top news, Visa opted out of its acquisition of Plaid after the DOJ sued over antitrust concerns, and Billtrust is expected to start trading today after completing its ...Bitcoin Daily: 20 Pct Of Bitcoin Trapped In ‘Lost’ Wallets; Goldman Says Bitcoin Is Maturing
Tuesday 12th January - 8:29 pm
Goldman Sachs Global Head of Commodities Research Jeff Currie told CNBC the bitcoin market is maturing.
“I think in any nascent market you get that volatility and those risks that are ...Debate Looms Over Crypto Privacy, Security And Regulation
Tuesday 12th January - 2:52 pm
In the starkest terms, the latest regulatory debate over cryptocurrencies – as with so much else in the financial sphere – comes down to privacy versus security.
And the debate, which ...Bitcoin Daily: Britain's Financial Regulator Warns Of Crypto Scams Offering High Returns
Monday 11th January - 9:18 pm
The U.K. Financial Conduct Authority (FCA) said new scams could end up having devastating effects on crypto investors, CoinDesk reported.
According to the FCA, investors could lose “all their money” if ...Cryptocurrency Market Tumbles; Bitcoin Falls 12 Percent
Monday 11th January - 12:43 pm
The price of bitcoin kept going up and up and up for months — to a high of more than $40,000. Then, on Monday (Jan. 11), the market came crashing ...Neobank Revolut Applies For UK Financial Services License
Monday 11th January - 6:56 am
British challenger bank Revolut has submitted a banking license application to the U.K. Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA).
Nik Storonsky, founder and CEO at Revolut, said ...Blockchain Unchained: Paxos CEO Sees Expanded Role For Token-Based Digital Assets
Monday 11th January - 4:00 am
Although blockchain technology and Bitcoin, its best-known inhabitant, have been around for 10 years, the world is just now entering a seismic transition from holding account-based assets to a system ...Bitcoin Daily: Grayscale CEO Says Pension, Endowment Funds Driving Bitcoin Rally; NYC Bar Owner Selling Two Locales For Bitcoin
Sunday 10th January - 7:37 pmGrayscale Investments CEO Michael Sonnenshein told Bloomberg that the digital asset management firm has seen increased crypto investments from pension funds and endowments, driving digital asset growth and acceptance.
Grayscale’s 10 ...Ripple, Second Stimulus Bill, Checkout Features Top This Week’s News
Friday 8th January - 4:00 pm
In this week’s news, we saw more rules and breaks for Paycheck Protection Program (PPP) loans in a second stimulus bill, a suit against Ripple Labs and new data on key ...Bitcoin Daily: South Korea’s 20 Pct Crypto Tax To Start In 2023; Bitcoin Shoots Above $40K
Thursday 7th January - 8:48 pm
South Korea will begin taxing crypto benefits 20 percent, from both buying and selling, beginning in 2023, according to a report from Asia Today.
According to the report, investors making more ...Today In Payments: Crypto Market Tops $1 Trillion; UnitedHealth’s Optum Buys Change Healthcare
Thursday 7th January - 3:47 pm
In today’s top news, the cryptocurrency market topped $1 trillion after bitcoin set new record highs above $37,000, and UnitedHealth’s Optum bought Change Healthcare. Plus, Americans are reporting not receiving ...PayPal Leads Investment In Crypto Tax Automation Startup TaxBit
Thursday 7th January - 1:20 pm
Cryptocurrency tax automation software startup TaxBit said it has received a new round of funding led by new investors PayPal and Coinbase Ventures, along with existing backer Winklevoss Capital.
The new ...Crypto Market Tops $1 Trillion As Bitcoin Smashes Records
Thursday 7th January - 6:43 am
Bitcoin hit more than $37,700, a new record high that helped drive the cryptocurrency market beyond $1 trillion, CNBC reported on Thursday (Jan. 7), citing data from CoinDesk and CoinMarketCap.
At ...Bitcoin Daily: Bitcoin Tops $35K; IGT Wins Patent For Using Crypto At Casinos
Wednesday 6th January - 8:01 pm
Bitcoin’s price rally is continuing, setting a new record high of $35,821 on Tuesday night (Jan. 5), CNBC reported. Although it dipped slightly, its price still stood above $35,000 on ...OCC Ruling May Set Stage For Stablecoins’ Tipping Point
Wednesday 6th January - 10:14 am
The regulatory path to bringing stablecoins to commercial, traditional banking activities is getting clearer. And as a result, we may see these coins – defined as cryptocurrencies that are pegged ...Crypto Trading Volumes Hit Record $68.3 Billion On Monday
Tuesday 5th January - 9:30 pm
Trading volumes on cryptocurrency exchanges have been doing extraordinarily well this week, hitting a new record volume of $68.3 billion, Reuters reported.
The surge shows how strong trading has been lately, ...Bitcoin Daily: CoinDesk Acquires Crypto Index TradeBlock; Bitcoin.com Co-Founder Sues Bridge.link For Misleading Investors
Tuesday 5th January - 9:09 pm
CoinDesk has acquired digital asset index TradeBlock, the cryptocurrency news platform announced in a press release Tuesday (Jan. 5).
TradeBlock provides price references, customizable algorithms and other cryptocurrency data. With its ...Ripple Sued By Investor Over SEC Troubles
Tuesday 5th January - 5:18 pm
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 ...Today In Payments: Gojek Mulls $18 Billion Merger With Tokopedia; High-Profile Healthcare JV Haven Shuts Down
Tuesday 5th January - 4:58 pm
In today’s top news, Gojek and Tokopedia are reportedly discussing an $18 billion merger, and J.P. Morgan Chase, Amazon and Berkshire Hathaway are dissolving their joint healthcare venture Haven. Plus, ...Bitcoin Daily: S Korea's ICONLOOP To Issue Mobile Driver's License On Blockchain; Bitcoin Dips Below $30,000
Monday 4th January - 10:21 pm
Just days after hitting a new record high of over $34,000, bitcoin rapidly swooped below $30,000 briefly on Monday (Jan. 4).
CNBC reported that bitcoin fell to $29,315 early Monday morning, ...Square CEO Pushes Back On FinCEN's Proposed Crypto Rules
Monday 4th January - 9:05 pm
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 ...Today In Payments: US Consumers Expect To Return $115 Billion In Unwanted Gifts; Banks May Withhold Stimulus To Cover Overdraft Fees
Monday 4th January - 3:00 pm
In today’s top news, U.S. consumers are expected to return $115 billion in unwanted online orders from this holiday season, some stimulus recipients may see their checks go straight to ...Up Up Up For Cryptos – But What Comes Next?
Monday 4th January - 11:08 am
$20,000 seems so … long ago and far away.
And the question becomes: Why the volatile price action in cryptos – which, in the last few sessions, has been decidedly to ...Circle CEO: For Banks, Digital Dollars Demand Stablecoin Strategy
Monday 4th January - 4:02 am
Diem may be a shadow of what some proponents promised it would be back in 2019 — namely, a seismic shift for the monetary system itself.
What once was billed as ...China’s CBDC ‘Dress Rehearsal’ Sets Stage for Other Central Banks
Monday 4th January - 4:00 am
For digital currencies, as goes China, so will go the world?
China, as is well-known, is in the midst of pilot programs tied to its digital yuan — offering both roadmap ...Bitcoin Daily: Bitcoin Crests $34K For First Time; US House Bill Calls For Office To Coordinate Blockchain Use In Federal Gov't
Sunday 3rd January - 10:58 pm
Bitcoin rose above $34,000 on Sunday (Jan. 3), after crossing the $30,000 milestone for the first time ever the day before.
It hit $34,544.94 Sunday morning, CoinDesk reported, before declining slightly, ...Bitcoin Daily: Unicas Opens Physical Crypto Bank Branch In India; Mayor Eyes Investing 1 Pct Of Miami's Reserves In Bitcoin
Friday 1st January - 6:00 amIndian 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 ...Highs And Lows Of 2020 Could Be 2021’s Dress Rehearsal For Bitcoin And Cryptos
Thursday 31st December - 4:01 am
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.
And as we ...Coinbase Faces Class-Action Suit Over Sales Of Ripple's XRP
Wednesday 30th December - 11:34 pm
A week after the U.S. Securities and Exchange Commission filed a lawsuit against Ripple Labs and some of its executives, alleging the company illegally skirted laws by classifying its XRP ...First Court Date Set For SEC Lawsuit Against Ripple
Wednesday 30th December - 6:55 pm
A lawsuit filed by the Securities and Exchange Commission (SEC) against digital payments firm Ripple is heading to virtual court on Feb. 22, according to legal documents filed in the ...Bitcoin Daily: Three Crypto Firms Delist XRP; Bitcoin Hits New Record High Above $28,000
Wednesday 30th December - 5:30 pm
Binance, Bittrex and Crypto.com have all announced that they will delist XRP following last week’s news that the U.S. Securities and Exchange Commission filed a lawsuit against Ripple for trading ...Fed, Not Bitcoin To Drive Crypto’s Transformation
Wednesday 30th December - 11:39 am
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 ...Bitcoin Daily: City In Spain Debuts ‘Elio’ Crypto; OKCoin Halts XRP Trading
Tuesday 29th December - 6:46 pmA small Spanish city has debuted an “Elio” digital currency to help with transactions, Finance Magnates reported. The digital currency, which is pegged to the euro, will let the City ...Today In Payments: Coinbase Suspends XRP Trading; Amazon Delivered Record-Breaking 1.5 Billion Holiday Packages
Tuesday 29th December - 3:00 pm
In today’s top news, Coinbase has suspended XRP trading in the wake of the SEC’s lawsuit against Ripple, and Amazon delivered over 1.5 billion packages this holiday season. Plus, J.P. ...Today In Digital-First Banking: FinCEN Warns FIs About Vaccine Scams; JP Morgan Chase To Buy cxLoyalty's Rewards Division
Tuesday 29th December - 12:20 pm
In today’s top news in digital-first banking, the Financial Crimes Enforcement Network (FinCEN) has issued a warning about COVID-19 vaccine scams and cybersecurity, while J.P. Morgan Chase has agreed to purchase ...SEC’s Ripple Lawsuit Prompts Coinbase To Suspend XRP Trading
Tuesday 29th December - 6:48 am
A lawsuit filed against blockchain money transfer platform Ripple by the U.S. Securities and Exchange Commission (SEC) has prompted Coinbase to suspend all XRP trading.
Paul Grewal, chief legal officer of ...Bitcoin Daily: Lender Vauld Nets $2 Million To Expand To Full Crypto Bank; SEC Freezes Assets Of Virgil Capital In Alleged Fraud In Crypto Trading Fund; Japan's SBI Holdings Claims Ripple's XRP Is Crypto, Not A Security
Monday 28th December - 9:19 pm
Cryptocurrency lending platform Vauld raised $2 million to expand into full banking services, including issuing credit and debit cards and providing fiat and crypto order books, CoinDesk reported.
The funding round ...Central Bank Of Russia: Electronic Money Could Render SWIFT Obsolete
Monday 28th December - 8:08 pm
Digital currencies could render the SWIFT global payments network unnecessary, RT.com reported, citing the Central Bank of Russia (CBR).
Olga Skorobogatova, first deputy governor of the CBR, said 30 countries are ...Report: As Crypto Becomes More Popular, Regulation Will Increase
Monday 28th December - 5:41 pm
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.
Guy Hirsch, ...Today In Payments: Trump Signs Stimulus Bill; Square Said To Mull Buy of Jay-Z’s TIDAL Music-Streaming Service
Monday 28th December - 3:00 pm
In today’s top news, President Trump signed the pandemic relief bill Congress passed last week, and Square CEO Jack Dorsey is reportedly interested in buying Jay-Z’s TIDAL music app. Plus, ...
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