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
Report: Incoming CEO Says Kraken Doesn’t Plan to Register With SEC
September 23, 2022

Although the Securities and Exchange Commission (SEC) has identified some tokens as securities and called for cryptocurrency platforms to register with the agency as exchanges, crypto exchange Kraken reportedly does not plan to delist the tokens or register with the SEC. Get the Full Story...

Cryptocurrency
Today in Crypto: Crypto Winter Prompts Crypto Firms CEO Exodus; Canada’s Trudeau, New Tory Head...
September 22, 2022

Coinbase has registered with the Dutch Central Bank to be a crypto service provider, which will let it offer all its retail, institutional and ecosystem products in the Netherlands, a blog post said. Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
UK Bill Will Make It Easier to Seize Crypto in Money Laundering Cases
September 22, 2022

A proposed law in the U.K. will make it easier for law enforcement to seize, freeze and recover cryptocurrency used by criminals to launder profits from illegal activity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
Group of 9 Banks Pitches USDF Token as Stablecoin Alternative for Businesses
September 22, 2022

There has been a lot of pushback in Congress to the argument that all stablecoins should be issued by Federal Deposit Insurance Corporation (FDIC)-backed, federally insured banks, particularly by members who want state-chartered banks to be able to get in on the action. Get the...

Cryptocurrency
Today in Crypto: US House Stablecoin Bill Won’t Include Digital Dollar Push, Report Says; Bank...
September 21, 2022

Central Bank of Iran said it will begin a pilot launch of its central bank digital currency, the crypto-rial, on Thursday (Sept. 22), a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
Nasdaq to Launch Crypto Custody Service for Institutional Investors
September 21, 2022

Nasdaq has announced a new business, Nasdaq Digital Assets, which will promote institutional participation in digital assets, a press release said Tuesday (Sept. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Justice Department Seeks Congressional Green Light for Faster Crypto Investigations
September 21, 2022

Not only does the U.S. Department of Justice want crypto criminals who violate money transmitter licensing laws to spend more time in jail, but it also wants to make it easier to put them there. Get the Full Story Complete the form to unlock this...

Cryptocurrency
Twitch Shutting Down Crypto Gambling Live Streams
September 21, 2022

Twitch will ban crypto gambling on its site, the Amazon-owned live streaming platform announced Wednesday (Sept. 21). 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
Today in Crypto: Robinhood Adds USD Coin to Offerings; MicroStrategy Makes Smallest Buy of Bitcoin...
September 20, 2022

Robinhood Markets has added USD Coin stablecoin to its retail-focused crypto offerings, according to a report from Seeking Alpha on Tuesday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...