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
In About-Face, Russia’s Central Bank Issues Crypto Licenses
March 18, 2022

On March 17, Russia’s Sberbank announced it had received a license from the Bank of Russia to run a cryptocurrency exchange and even launch its own token. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
Argentine’s Congress Favors IMF Debt Deal to Dampen Cryptocurrency
March 18, 2022

Argentine’s Senate has approved a $45 billion deal with the International Monetary Fund (IMF) that includes a provision that discourages cryptocurrencies, CoinDesk.com reported Friday (March 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
Australia’s Watchdog Hauls Meta to Court Over Alleged Scam Crypto Ads
March 18, 2022

Australia’s competition watchdog is taking Facebook parent Meta Platforms Inc. and Meta Platforms Ireland Ltd. to federal court over allegations of publishing scam advertisements for cryptocurrencies featuring Australian public figures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
In $44B Argentine Debt Deal, IMF Shows Growing Willingness to Coerce Anti-Crypto Policies
March 18, 2022

Buried in the text of the deal the Argentine Senate’s approved on March 18 to refinance its $44 billion debt to the International Monetary Fund and avoid a default was a one-line provision that seems to signal a broader effort to discourage the use of...

Cryptocurrency
21 Crypto Firms Still Awaiting FCA Approval
March 18, 2022

Time is running out for cryptocurrency businesses looking to get approval to operate in the U.K. 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...

Cryptocurrency
Today in Crypto: Coinbase Bullish on NFTs; Crypto-Focused Political Donors Prefer Dollars Over Bitcoin
March 17, 2022

In cryptocurrency news, Coinbase might see another $1.26 billion in revenue from its NFT segment, according to Needham analyst John Todaro, Coindesk wrote Thursday (March 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
Use in Ukraine Lends Some Luster to Crypto’s Dark Side in Senate Hearing
March 17, 2022

It probably isn’t a surprise that today’s (March 17) Senate Banking Committee hearing on the role of crypto in supporting illicit activities focused heavily on sanctions busting — particularly with the addition of Michael Chobanian, founder of the KUNA crypto exchange and president of Blockchain...

Cryptocurrency
Crypto-Focused Political Donors Prefer Dollars Over Bitcoin
March 17, 2022

Cryptocurrency industry insiders donated $7.3 million to political campaigns and committees in 2021 through the end of January, but almost all of that money came in dollars — cash, checks and credit cards — rather than in bitcoin or one of the other token types,...

Cryptocurrency
Bipartisan Congressional Group Asks SEC for Info About Crypto Probes
March 17, 2022

A bipartisan group of Congress members sent a letter to the U.S. Securities and Exchange Commission (SEC) requesting information about its cryptocurrency probes to ensure that innovation isn’t suppressed due to overreaching requests for information. Get the Full Story Complete the form to unlock this...