Cryptocurrency

Cryptocurrency
Tesla Tries Dogecoin as Payment, Report Says
January 13, 2022

Tesla will be testing a new payment option for dogecoin, according to the source code for its website, The Block Crypto reported Thursday (Jan. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
43% of Businesses Say Potential Efficiencies Influence Their Blockchain and Crypto Strategies
January 13, 2022

When corporate treasurers are considering the adoption of blockchain or cryptocurrency solutions, the top factor is the potential for greater operational efficiencies. The Corporate Treasury Shift, a PYMNTS report sponsored by Circle, found that 43% of businesses say that’s a factor affecting their development of...

Cryptocurrency
State Bank of Pakistan, Government Weighing Crypto Ban
January 13, 2022

The State Bank of Pakistan (SBP) and the federal government are reportedly weighing a ban on all cryptocurrency transactions in the country, according to Cointelegraph on Thursday (Jan. 13), citing reports from the Sindh High Court (SHC) and SAMAA TV network. Get the Full Story...

Cryptocurrency
US Banks Plan USDF Stablecoin
January 12, 2022

A group of U.S. banks will offer its own stablecoin, USDF, as it tries to beat concerns about the reserves behind equivalents from nonbanks, according to a Wednesday (Jan. 12) CoinDesk report. Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
Wikimedia Criticized for Taking Crypto Donations Over Environment Concerns
January 12, 2022

The non-profit foundation Wikimedia, which is in charge of Wikipedia, has gotten pushback over accepting cryptocurrency donations due to environmental concerns, according to a report Wednesday (Jan. 12) by CoinDesk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
Lawmakers: CFTC Must Pay Closer Attention to Crypto
January 12, 2022

U.S. lawmakers on both sides of the political aisle want the Commodity Futures Trading Commission to do more to control cryptocurrencies, according to a Bloomberg report Wednesday (Jan. 12).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
Central Bank of Iran to Aid Traders Making Sanction-Busting Crypto Payments
January 12, 2022

The U.S. and most allied governments have long accused Iran of using bitcoin to get around sanctions imposed to punish Iran for its nuclear program. Now the Central Bank of Iran is getting in on the action, formally creating a system to allow businesses to...

Cryptocurrency
Hong Kong Monetary Authority Calls Stablecoins Crypto’s Greatest Threat
January 12, 2022

Hong Kong’s banking regulator is looking hardest at payments-related stablecoins when it comes to regulating cryptocurrencies. 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
GAO Report Suggests Tightening Regulations on Crypto ATMs 
January 12, 2022

As regulators worldwide consider ways to police cryptocurrency, the U.S. reports use of crypto payments to enable illegal human and drug trafficking is on the rise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...