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
Square Cash App Mobile Users Can Now Deposit Bitcoin
June 26, 2019

Some users of the Cash App, which is owned by payments company Square, can now deposit bitcoin, 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....

Cryptocurrency
JPMC To Test Crypto Coin By Year-End
June 25, 2019

JPMorgan plans to test its proposed cryptocurrency, the JPM Coin, by the end of the year, 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. yesSubscribe...

Cryptocurrency
Regulators Say Facebook’s Libra Will Need Scrutiny 
June 25, 2019

More financial regulators are talking about Libra and saying that Facebook’s recently announced cryptocurrency won’t launch without close scrutiny, according to a report by the Financial Times.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
After (And Among) The Libra Headlines, Caution And Clamor
June 24, 2019

All Libra, all the time? 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...

Cryptocurrency
German Central Bank Head Warns About Crypto Use
June 21, 2019

The head of Germany’s central bank warned about stablecoins, which are cryptocurrencies tied to traditional currencies, 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 — no additional...

Cryptocurrency
Global Regulatory Firm To Tighten Rules On Cryptocurrency
June 21, 2019

The Financial Action Task Force (FATF), a global regulatory firm based in Paris and comprised of countries ranging from China to the U.S., said it was going to increase scrutiny over digital currencies to make sure they weren’t being used to launder money, according to...

Cryptocurrency
Facebook Co-Founder Warns Of Libra’s Disruptive Potential
June 21, 2019

In a Financial Times opinion piece, Facebook Co-founder Chris Hughes contends that the social media platform’s Libra cryptocurrency could move power into the wrong hands. At the same time, he noted that regulators should not underrate the disruptive potential of the cryptocurrency. Get the Full...

Cryptocurrency
Facebook Crypto To Face Scrutiny By European Central Bankers
June 21, 2019

While Facebook is aiming to have its Libra crypto power transactions and provide access to financial services to those without bank accounts, European central bankers are claiming oversight over the digital currency. They want to make sure that the digital currency isn’t used for money...

Cryptocurrency
BoE Gov: Facebook’s Libra Will Need Regulation
June 20, 2019

Bank of England (BOE) Governor Mark Carney said Facebook’s newly-announced cryptocurrency, Libra, can’t be the same unregulated type of service that Facebook is, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...