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
Cuba Officially Endorses Crypto For Payments
August 27, 2021

Cuba is opening the door to cryptocurrencies, allowing the digital currency to be used for payments in the country after it explores a framework for regulations and licensing, the Associated Press and other news outlets reported on Friday (Aug. 27).  Cuba, cryptocurrencies, payments Get the...

Cryptocurrency
Ethereum Whales Move $500M Across 13 Trades
August 26, 2021

The roller coaster ride of the crypto market prompted whales to transfer over $500 million in Ethereum in 13 unrelated trades on Tuesday and Wednesday of this week, The Daily Hodl reported on Thursday (Aug. 26). Get the Full Story Complete the form to unlock...

Cryptocurrency
Social Media Speed Bump Could Slow Path Of Cryptos’ Main Street Ambitions
August 25, 2021

In the age of social media, anyone, at any time, can rise up to become an influencer. 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...

Cryptocurrency
Bitcoin Daily: Blockstream Raises $210M At $3.2B Valuation; El Salvador Preps 200 ATMs For Bitcoin...
August 25, 2021

Bitcoin-related technology purveyor Blockstream has landed $210 million in Series B financing that, according to the company, puts its valuation at $3.2 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Paxos’ Digital Currency To Be Renamed Pax Dollar
August 24, 2021

Paxos has changed its Paxos Standard into the Pax Dollar, or USDP, according to a company blog post. 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...

Cryptocurrency
Stablecoins’ Use Cases Still Emerging As Changes, Regulations Loom 
August 24, 2021

There is continued debate over the role of stablecoins – and where they fit within digital commerce, in both commercial and retail settings. These cryptos have at least one advantage over more “traditional” offerings like bitcoin, Ethereum and others: They (at least ostensibly) do not have...

Cryptocurrency
Circle’s New Reserve Details Show Reservations Over Stablecoin Reserves 
August 23, 2021

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Cryptocurrency
USDC Now Backed By Cash, US Treasuries
August 23, 2021

Cryptocurrency exchange Coinbase and network Centre are collaborating to support Circle’s USD Coin, which is now backed by cash and short-term U.S. Treasuries, according to a Centre blog post and multiple news reports. Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
PayPal Expands Crypto Trading To UK Users 
August 23, 2021

PayPal’s first global expansion of cryptocurrency trading launches this week to users in the U.K. with the ability to buy and sell bitcoin, Ethereum, Litecoin and Bitcoin Cash, according to a press release. Get the Full Story Complete the form to unlock this article and...