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
Biden’s Executive Order Set to Fast-Track Crypto Policy
March 09, 2022

Saying the “rise in digital assets creates an opportunity to reinforce American leadership in the global financial system and at the technological frontier,” President Joe Biden said he would sign an executive order Wednesday (March 9) aimed at establishing a single, government-wide policy on cryptocurrencies...

Cryptocurrency
Yellen: Biden’s Crypto Executive Order Strikes Innovation-Risk Balance 
March 09, 2022

President Joe Biden’s executive order on cryptocurrencies addresses the balance between innovation and risk while also collaborating with other U.S. agencies and their policies, Treasury Secretary Janet Yellen said in a statement published on the Treasury’s website late Tuesday (March 8). Get the Full Story...

Cryptocurrency
Today in Crypto: Russian Investors Continue Crypto Trading; Bain Capital Debuts $560M Crypto Fund
March 08, 2022

Russian investors will likely be conducting transactions in bitcoin and other cryptocurrencies in spite of sanctions, Bloomberg reported Tuesday (March 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
Visa CEO Unsure of Crypto’s Role in US, Canada
March 08, 2022

Visa will continue building out its cryptocurrency platform, though the company’s CEO Al Kelly has reservations about the wider crypto sector, CoinDesk reported Tuesday (March 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
US Treasury Wants to Promote Crypto Literacy
March 08, 2022

As cryptocurrency becomes more and more mainstream, the U.S. Treasury says it wants to help educate consumers about the risks of investing in the digital assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
Donated Crypto Assets Distributed to Ukrainian Army, Volunteers
March 08, 2022

Whitepay, a fundraising platform launched to help Ukraine, reported it had raised $2 million of stablecoin tether (USTD), according to Arab News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
SEC Charges Siblings in $124M ‘Snake Oil’ Crypto Scam
March 08, 2022

The Securities and Exchange Commission said a brother-and-sister duo defrauded thousands of investors out of more than $124 million via two unregistered, fraudulent offerings of securities in the digital token Ormeus Coin. Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
EU Crypto Regulation May Need Clarification From Day One
March 08, 2022

The European Parliament’s Monetary Committee will soon vote on a directive, Markets in Crypto Assets (MiCA), that will regulate crypto assets in Europe. After a last-minute delay in the vote last week to revisit some provisions, a new vote has been scheduled for Monday (March...

Cryptocurrency
Grain-Backed Crypto Tokens Open New Possibilities for Farm Loans, Purchases
March 08, 2022

An Argentinian company that is creating a cryptocurrency to tokenize grain by the ton has inked an important deal that will see its soy-, corn- and wheat-backed coins accepted as loan collateral by banking giant Santander. Get the Full Story Complete the form to unlock...