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
Fed Vice Chair Michael S. Barr Calls for Stablecoin Regulation
October 27, 2023

Michael S. Barr, vice chair for supervision at the Federal Reserve, addressed the increased experimentation with new payment technologies, such as stablecoins and central bank digital currencies (CBDCs), on Friday (Oct. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
FTX Seeks Answers on Sam Bankman-Fried’s Payment to AI Nonprofit
October 26, 2023

FTX wants answers about $6.5 million its founder gave to an artificial intelligence (AI) nonprofit. 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 newsletter,...

Cryptocurrency
FTX Gets Revamp Proposals From 3 Bidders
October 25, 2023

FTX received multiple proposals from bidders hoping to resurrect the bankrupt cryptocurrency exchange. 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 newsletter, PYMNTS Today....

Cryptocurrency
BlockFi to Wind Down Operations, Return Assets to Customers
October 24, 2023

Crypto lender BlockFi has announced that it will wind down its operations and begin returning crypto assets to customers. 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
Crypto Delistings Happening at Record Clip Despite Bitcoin Comeback
October 24, 2023

While bitcoin enjoys an encore, a number of other cryptocurrencies are apparently bowing out. 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 newsletter, PYMNTS...

Cryptocurrency
Plaid and Zero Hash Partnership Lets Customers Trade Crypto via ACH
October 24, 2023

Financial services company Plaid and cryptocurrency infrastructure platform Zero Hash teamed to let customers buy and sell cryptocurrency via automated clearing house (ACH). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Ripple Teams With Uphold to Bolster Cross-Border Payments Infrastructure
October 24, 2023

Blockchain company Ripple has launched a partnership with Web3 financial platform Uphold. 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 newsletter, PYMNTS Today. By completing this form,...

Cryptocurrency
Binance Discontinues Visa Debit Card Services in Europe
October 20, 2023

Binance, one of the world’s largest cryptocurrency exchanges, has announced that it will no longer offer its Binance card services in the European Economic Area (EEA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
SEC Drops Claims Against Ripple Executives
October 20, 2023

Blockchain firm Ripple scored another victory in its 3-year-old battle with the Securities and Exchange Commission (SEC). 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...