Cryptocurrencies raise potential benefits and risks. They represent a break from the traditional model of so-called “fiat currency,” which gives government bodies inherent regulatory power. Their use offers potential for criminals to escape the oversight of the government, but they also present potential benefits for...
The Biden administration is putting new sanctions on Russia over the current Ukraine conflict, trying to cut off foreign capital, The New York Times wrote Wednesday (Feb. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Chinese province of Zhejiang’s branch of the National Development and Reform Commission (NDRC) has said it will introduce punitive electricity prices for crypto miners, CoinDesk reported Wednesday (Feb. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Tech execs from companies like Google or Facebook have been exiting their jobs in favor of crypto companies, CNBC reported Wednesday (Feb. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
USD Coin issuer Circle Internet Financial, LLC has launched the Circle Account, allowing business customers to deposit, withdraw, send, receive, store and allocate funds to invest in digital currency, according to a Wednesday (Feb. 23) press release. Get the Full Story Complete the form to...
The organization founded to foster monetary cooperation worldwide has warned Nigeria that its central bank digital currency (CBDC) is a money laundering risk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
A member of the European Parliament from Spain says the cryptocurrency sector is vulnerable to money laundering and must be monitored, CryptoBriefing.com reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Portugal’s securities and financial instruments regulator said it’s time to adopt rules for crypto assets, according to BrytfmOnline.com. 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...
The Brazilian Senate’s economic affairs committee Tuesday (Feb. 22) approved a bill legitimizing crypto transactions, CoinDesk reported. 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...