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
Inflation, Rising Bank Rates Driving Crypto Lending in LatAm
September 29, 2022

Some Latin Americans are turning to cryptocurrency to access credit as a way to combat the difficulty of borrowing money from traditional banks there. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Today in Crypto: EU Lawmakers Target DeFi, NFT Money Laundering in New Bill
September 29, 2022

Members of the European Parliament determined to fight money laundering will be looking into big crypto transactions alongside the metaverse, DeFi and NFTs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
FCA: Crypto Firms Denied Licenses Are Re-Applying
September 29, 2022

At the Consumer Protection in Financial Services Summit in London Thursday (Sept. 29), Sheldon Mills, executive director for competition and consumers at the U.K.’s Financial Conduct Authority (FCA) said that crypto companies were undeterred by initial failure to obtain licenses to operate in Britain and...

Cryptocurrency
Want to Stop Crypto Hacks? Make Them Reversible
September 29, 2022

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, you agree to receive marketing communications from PYMNTS and...

Cryptocurrency
Crypto Weekly: Platforms Win Regulatory Approval in EMEA
September 29, 2022

After years of operating a lucrative business model from offshore tax havens with little or no regulatory oversight, 2022 has been the year that crypto trading platforms have joined the financial mainstream as countries around the world move to regulate the space. Get the Full...

Cryptocurrency
PSPs Are Making Stablecoin Payments a Reality
September 29, 2022

It’s been easy to say that all the dire predictions about stablecoins taking over payments and pushing out national currencies were wildly overblown as their actual use outside of crypto exchanges has been minimal — to the point of being nearly non-existent. That could be...

Cryptocurrency
FIs Seek Expert Insights on How Best to Tame Crypto
September 29, 2022

When Chainalysis helped U.S. authorities track down and retrieve $30 million in crypto stolen in March by a very sophisticated North Korean government-sponsored hacking group, the work the blockchain data platform performed was very complex. But what it did was provide tools and expertise to...

Cryptocurrency
Today in Crypto: Crypto Stronger Without ‘Tourists,’ VC Atomico Partner Says; Coinbase Cloud, Brazil Regulators...
September 28, 2022

Web3 gaming platform AQUA has debuted a marketplace for trading in-game assets, a Coindesk report said. 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...

Cryptocurrency
Circle, Robinhood Partner to Simplify, Expand Use of USDC
September 28, 2022

Circle Internet Financial, the issuer of USD Coin (USDC) and Euro Coin (EUROC), has partnered with Robinhood to make it easier for customers to learn about and use USDC.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...