The Hong Kong Monetary Authority (HKMA) is weighing regulations for cryptocurrencies and stablecoins, with plans to launch a framework by July. The latest move would align with recommendations from the Financial Stability Board (FSB), an international organization that aims for global financial stability. Get the...
Cryptocurrencies and digital assets are the biggest threat to investors, according to new data from the North American Securities Administrators Association (NASAA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
You can understand Kim Kardashian and former NBA star Paul Pierce getting snared, but you’d think Floyd Mayweather would have learned to avoid crypto endorsements by now. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Ethereum platform Elrond Foundation, which boasts 100,000 transactions per second, will acquire Portugal-based cryptocurrency firm Utrust, according to a CoinDesk report Tuesday (Jan. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Cash App, the peer-to-peer payment service owned by Block, formerly Square Inc., has integrated the Lightning Network. 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...
It has been reported that PayPal is considering the launch of its own cryptocurrency stablecoin as a way to make and accept payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Bitcoin firm NYDIG’s subsidiary Bottlepay, a bitcoin payments app, has been registered by the U.K. Financial Conduct Authority (FCA) as a cryptoasset business, the first company on the Lightning Network to earn the designation, and one of just a few companies to ever receive it....
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Algorand is bringing direct fiat payment channels into their network through a partnership with Alchemy Pay, according to a press release on Monday (Jan. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...