Cryptocurrency

Cryptocurrency
Academic and Economic Experts Debate the Need and Scope of Crypto Regulation 
February 24, 2022

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...

Cryptocurrency
Russia May Turn to Crypto to Go Around US Sanctions
February 23, 2022

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...

Cryptocurrency
China’s Zhejiang Province Hikes Electric Rates for Crypto Miners
February 23, 2022

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...

Cryptocurrency
Today in Crypto: Blockchain Platforms Pilfer Big Tech Execs to Build Web3; Crypto Tax Prep...
February 23, 2022

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...

Cryptocurrency
Circle Intros Digital Assets Portal for Businesses
February 23, 2022

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...

Cryptocurrency
IMF Warns Nigeria’s CBDC Poses Money Laundering Risks
February 23, 2022

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...

Cryptocurrency
EU Looks to Give AML Watchdog Crypto Oversight
February 23, 2022

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...

Cryptocurrency
Portugal’s Securities Regulator Vows Crypto Rules
February 23, 2022

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...

Cryptocurrency
Today in Crypto: Brazilian Lawmakers Move Crypto Transactions Bill Along; UK’s Luxury Furniture Retailer Sees...
February 22, 2022

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...