Cryptocurrency

Cryptocurrency
Central African Republic Set to Start Crypto Sales
July 15, 2022

The Central African Republic will start selling its cryptocurrency, Sango Coin, next week, saying it will be worth $21 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
Despite Massive Failings, Dogecoin Keeps Fetching Wallet Share
July 15, 2022

Sometimes it’s better to be cool than competent. 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...

Cryptocurrency
Customers Flee Coinbase’s Fees, Pushing Exchange Out of Top 10
July 15, 2022

Coinbase is bleeding customers so quickly that it has collapsed out of the top 10 global cryptocurrency exchanges, dropping from fourth to 14th in just eight months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
Market Crash Tests Crypto’s Survival of the Fittest
July 15, 2022

When TerraUSD or UST, an algorithmic stablecoin that was supposed to be pegged to the dollar, collapsed in May, it sent shockwaves across the crypto market, impacting economies and wiping out trillions of dollars in the valuation of bitcoin and other digital coins. Get the...

Cryptocurrency
Today in Crypto: Circle Reveals USDC Reserve Assets; Celsius Details Billion-Dollar Budget Hole in Chapter...
July 14, 2022

Circle has said it wants to add more transparency to its operations, and has begun to share mint and burn data for its USD Coin stablecoin, a company post said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
Brazilian Bank Itaú to Debut Asset Tokenization Platform, Crypto Custody Services
July 14, 2022

The largest private bank in Brazil, Itaú Unibanco, has announced plans to roll out a new asset tokenization platform, which will turn regular finance products into tokens. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
Gensler Says SEC Can ‘Exempt’ Crypto Firms From Disclosures — If They Register
July 14, 2022

Securities and Exchange Commission (SEC) Chairman Gary Gensler did not, in fact, offer to exempt cryptocurrency exchanges, lenders and broker dealers from securities laws. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Stablecoin Collapse Sent Voyager Digital and Celsius on Different Paths to Bankruptcy
July 14, 2022

When Celsius Network became the second crypto lender to enter bankruptcy Wednesday (July 13) it looked from the surface like the last of the big dominoes set up by the $48 billion collapse of a poorly designed stablecoin had fallen. Get the Full Story Complete...

Cryptocurrency
Ape Now, Pay Later: DeFi Lender Brings BNPL to NFTs as Crypto Lending Market Crumbles
July 14, 2022

The NFT market is flatlining, the DeFi lending market has seen some big bankruptcies, and bitcoin has been dipping under $20,000 regularly for a month. Perfect time to start a buy now, pay later (BNPL) lending market for non-fungible token (NFT) collectibles. Get the Full...