(source: en.wikipedia.org)
To crowd out the cryptos, hand out the central bank digital currency (CBDC). To that end, China is ramping up pilots of its soon-to-be-widely deployed digital yuan to include lotteries. It’s a novel approach to getting digital yuan into the hands of a widening audience, almost...
China is holding a 40 million renminbi ($6.2 million) lottery in Beijing to continue its digital yuan pilot program, CNBC reported, citing the Beijing Local Financial Supervision and Administration Bureau. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
If you want to spend it — will they come? Apologies to the old baseball movie, but the question is a fair one. As cryptocurrencies continue to gather their fair share of headlines, consumers are becoming more interested in how, where and when they’ll be...
Mobile commerce company Perk Hero parent Perk Labs has partnered with cryptocurrency provider BitPay to accept crypto as a form of payment via Perk Hero, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Coinbase — the biggest U.S. cryptocurrency exchange — is supporting both Google Pay and Apple Pay with the Coinbase Visa debit card to facilitate the spending of cryptocurrency for everyday purchases and bill payments. Get the Full Story Complete the form to unlock this article...
If you subscribe to the old saying “follow the money,” this might be a good time to take the lead of the big-dollar investors and VCs who are putting significant sums to work in the decentralized finance space. That budding business that allows individuals and enterprises to...
Senior officials at a handful of U.S. financial regulatory agencies are exploring new ways to regulate the cryptocurrency market but have yet to decide how to do so, the Financial Times (FT) reported on Sunday (May 30). Get the Full Story Complete the form to...
Derville Rowland, director general of finance conduct at Ireland’s Central Bank, is concerned about the proliferation of cryptocurrencies, according to The Independent on Monday (May 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
PayPal will soon let customers who hold cryptocurrency in their accounts transfer the funds to external digital wallets rather than just hold or spend the money, CoinDesk reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
