Cryptocurrency

Cryptocurrency
PYMNTS Report: 60% of Well-Off Consumers Still Buy Crypto as Investment
September 09, 2022

New research on the demographic differences between who’s buying crypto and who’s is not show that the new asset class is as polarizing on a household income basis as it is in terms of marketplace volatility. Get the Full Story Complete the form to unlock...

Cryptocurrency
El Salvador Weekly: One Year in, Bitcoin Currency Experiment Has Bombed
September 09, 2022

The anniversary of El Salvador’s experiment with bitcoin as a legal tender hit without much fanfare on Sept. 7, as it takes a fair bit of creativity to call it anything but a failure. Get the Full Story Complete the form to unlock this article...

Cryptocurrency
Partisan Fight over Digital Dollar Looms Larger
September 09, 2022

Reports that the Treasury Department is behind building a digital dollar before deciding whether to launch it will set off a partisan battle in Washington that’s been looming for a year. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
Report: Crypto May be Part of Adam Neumann’s New Startup, Flow
September 09, 2022

Former WeWork CEO Adam Neumann’s new residential real estate startup will reportedly include a digital wallet enabling the use of cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
SEC Chair Gensler Backs Granting CFTC More Crypto Oversight
September 09, 2022

In order to best protect investors, regulating bodies must collaborate to establish clear policies, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler said in support of giving more cryptocurrency oversight to the Commodity Futures Trading Commission (CFTC). Get the Full Story Complete the form...

Cryptocurrency
Today in Crypto: SEC’s Gensler Says Crypto Intermediaries Should Register; Brazil Tops 1M Registered Crypto...
September 08, 2022

Some Celsius Network borrowers want a bankruptcy court to get an independent examiner to look into the lender’s financials – though not one working for the U.S. Trustee office, Coindesk wrote. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
Chainalysis Aids US in Recovering $30M in Stolen Crypto
September 08, 2022

The U.S. has seized more than $30 million in crypto that North Korean-linked hackers allegedly stole, a blog post from crypto intelligence firm Chainalysis said, adding that Chainalysis had helped recover some of the funds. Get the Full Story Complete the form to unlock this...

Cryptocurrency
What’s a Wrapped Token: Cross-Chain Cryptos Open Blockchain Commerce
September 08, 2022

If you want to do business or invest in crypto, sending funds from one blockchain to another is one of the biggest hassles. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Fed’s Powell on Stablecoins: Money Isn’t ‘Just Another Consumer Product’
September 08, 2022

Most eyes were on Jerome Powell‘s comments about the Federal Reserve‘s battle with inflation, but the United States central bank’s chairman had time to call out Congress for failing to come to terms on stablecoin legislation. Get the Full Story Complete the form to unlock...