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
European Central Bank Outlines Use Cases For Digital Euro
October 02, 2020

Europe should be ready to adopt a digital euro so residents can access money amid the evolving retail payment landscape. That’s the message of the European Central Bank (ECB), the lead institution of the 19 European Union countries which have adopted the euro, the Financial...

Cryptocurrency
European Central Bank Seeks Trademark Of ‘Digital Euro’ Term
October 01, 2020

The European Central Bank (ECB) has taken what could be a big first step toward launching a digital currency. 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...

Cryptocurrency
FinCEN Director Tells Banks To Look Out For Crypto Fraud
September 29, 2020

Kenneth A. Blanco, director of the Financial Crimes Enforcement Network (FinCEN), said banks need to be wary of risks with cryptocurrency, according to remarks planned to be given at the ACAMS AML (anti-money laundering) virtual conference on Tuesday (Sept. 29). Get the Full Story Complete...

Cryptocurrency
Fed Sees Possible Path To ‘Direct Issuance’ Of Digital Dollars
September 25, 2020

Digital dollars could make the leap from concept to reality, but there might be a few ways to get there. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
EU Releases Proposed Cryptocurrency Rules
September 24, 2020

A much anticipated first-ever plan to regulate cryptocurrency in Europe was unveiled on Thursday (Sept. 24) by the European Commission. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
ECB’s Christine Lagarde Pushes For Digital Euro
September 22, 2020

Speaking before the Franco-German Parliamentary Assembly on Monday (Sept. 21), European Central Bank (ECB) President Christine Lagarde made a case for the digital euro, saying it would provide an alternative to private digital currencies, according to her prepared opening remarks. Get the Full Story Complete...

Cryptocurrency
Federal Banks, Savings Associations Win Approval For Some Crypto Activities
September 22, 2020

The regulator of the nation’s banks has issued its first guidance on stablecoins, the cryptocurrency backed by traditional currency.  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...

Cryptocurrency
Australia Central Bank Sees No ‘Public Policy’ Case For CBDC (For Now)
September 17, 2020

The race to develop central bank digital currencies (CBDCs) is underway, but it seems the Reserve Bank of Australia may not be in the running. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
Major German Tech Firm Backs Call For Accelerated EU Digital Currency
September 15, 2020

A major German digital security firm that is a significant player in the electronic payments sector on Tuesday (Sept. 15) has backed a call by the head of the European Central Bank (ECB) for quick exploration into creating an official European Union digital currency. Get...