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
Buffalo Market’s Pay-With-Crypto Brings Food Distribution Into The 2020s
June 14, 2021

Cryptocurrency may be the payment method of the future, but food distribution is, in many ways, the industry of the past. With the bulk (no pun intended) of the industry’s transactions still occurring through offline channels, food distribution has fallen behind the consumer. Get the...

Cryptocurrency
PYMNTS Data Brief: Nearly One-Quarter Of Past, Current Crypto Owners Have Paid With It
June 14, 2021

Wherever one comes down on the debate around cryptocurrency as an investment, a currency or a hybrid of both, it’s captured the public imagination in a big way this year, and all kinds of people have thoughts — and plans — for how they’d like...

Cryptocurrency
Stablecoins May Face More Regulation In Banking  
June 14, 2021

Digital currency has a long way to go before it is ubiquitous. And for stablecoins — not to be confused with digital fiat – the road may be a bit bumpy. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
Brazil’s Central Bank Puts CBDC Debut On Hold 2 Years
June 13, 2021

The Banco Central de Brasil (BCB) wants at least a year of more time before it debuts its new central bank digital currency (CBDC), CoinDesk writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
Debate Sharpens in US Over CBDC
June 13, 2021

The debate over central bank digital currencies sharpened a bit this past week in the marbled halls of the U.S. Congress. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
State Street Mulls Crypto Exchange-Traded Funds
June 11, 2021

As firms such as ETC Group and 21Shares launch, or plan to launch, bitcoin exchange-traded products (ETPs), State Street’s exchange-traded funds business is mulling how it can harness increasing client demand for digital currencies like bitcoin, Financial News reported. Get the Full Story Complete the form...

Cryptocurrency
China’s eCurrency Can Be Stored In Digital Or Physical Wallets
June 11, 2021

Speaking at the 13th annual Lujiazui Forum in Shanghai, Mu Changchun said that the state-backed digital yuan can be stored in a variety of wallets — digital, physical, personal, or public — Bloomberg reported on Friday (June 11). Get the Full Story Complete the form...

Cryptocurrency
Basel Committee Exploring Cryptoasset Regulation For Banks
June 10, 2021

The Basel Committee on Banking Supervision is looking for input on its preliminary ideas as to how the exposure of banks to digital assets should be treated, according to a Thursday (June 10) press release. Get the Full Story Complete the form to unlock this...

Cryptocurrency
France, Switzerland To Experiment With Cross-Border CBDC
June 10, 2021

The national banks of France and Switzerland say they will conduct an experiment using wholesale central bank digital currencies (CBDCs) for cross-border settlement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...