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
Crypto Legislation Could Come This Year, Schumer Tells Crypto4Harris
August 15, 2024

Senate Majority Leader Chuck Schumer believes crypto legislation could happen this year. 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...

Cryptocurrency
Mastercard and MetaMask Team to Launch Crypto-to-Fiat Card
August 14, 2024

Mastercard has launched a crypto-to-fiat card with Web3/blockchain platform MetaMask and cryptocurrency payments firm Baanx. 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,...

Cryptocurrency
SEC Alleges NovaTech Ltd Ran Fraudulent Crypto-Centered Scheme
August 12, 2024

The Securities and Exchange Commission (SEC) charged NovaTech Ltd, its operators, Cynthia and Eddy Petion, and the company’s top promoters with running a fraudulent scheme centered on crypto assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
Fed Action Against Customers Bank Underscores Crypto’s Challenges
August 12, 2024

Despite the decentralized nature of cryptocurrencies and other digital assets, Web3 businesses need banking partners. 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,...

Cryptocurrency
Ripple’s Cross-Border Business Could Be Collateral Damage in SEC Suit
August 09, 2024

One of the longest running legal cases impacting crypto’s regulatory future is potentially nearing resolution. 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,...

Cryptocurrency
Robinhood CEO Says Company Responded to SEC Wells Notice
August 08, 2024

Robinhood Markets reportedly submitted a response to a Securities and Exchange Commission (SEC) Wells Notice that it received in May, which warned the company of impending enforcement action related to its cryptocurrency business. Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
Ripple CEO Hails Court Ruling in Case Brought by SEC
August 07, 2024

Blockchain solutions provider Ripple Labs was ordered by a federal judge to pay a civil penalty of $125 million in a case brought by the Securities and Exchange Commission (SEC) and centered on the company’s sale of its XRP token to institutional investors. Get the...

Cryptocurrency
Cryptocurrency Prices Plunge as Investors Sell Off Risky Assets
August 05, 2024

The cryptocurrency market experienced a significant downturn Sunday and Monday (Aug. 4-5), resulting in a loss of approximately $367 billion in value over a 24-hour period. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
DraftKings Shutters NFT Marketplace Amid Legal Headaches
July 30, 2024

Online betting service DraftKings said is closing down its three-year-old non-fungible token (NFT) marketplace. 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...