Cryptocurrency

Cryptocurrency
FOMO vs. FUD: Can Banks’ Fear of Losing Customers Overcome the Fear of Crypto?
December 17, 2021

If you ask crypto insiders, many of the bad investment decisions inexperienced cryptocurrency buyers make can be attributed to two different types of fear. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
El Salvador’s Chivo Wallet Buffeted by Sanction Threat, Identity Theft and Privacy Problems
December 17, 2021

El Salvador’s Chivo wallet just can’t catch a break. 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 newsletter, PYMNTS Today. By completing this form,...

Cryptocurrency
75% of Financial Institutions Plan to Expand Support for Cryptocurrencies Over the Next 12 Months
December 17, 2021

Financial institutions (FIs) are preparing for an anticipated surge in the usage of cryptocurrency, and competition among FIs angling to underpin businesses’ cryptocurrency payments is likely to be fierce.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
The Battle of Stablecoins vs. CBDCs Is Really Two Smaller Wars Also Fighting Each Other
December 17, 2021

Looking back at just this week, it’s evident that the fight between stablecoins and central bank digital currencies (CBDCs) is alive and well. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Circle Expands Access to Crypto Yield Service
December 16, 2021

Circle announced Wednesday (Dec. 15) that the company is expanding the access to its Circle Yield cryptocurrency yield service, opening it up to qualified businesses at a minimum allocation of $100,000 in digital currency. Get the Full Story Complete the form to unlock this article...

Cryptocurrency
Circle Launches USDC-Based Tornado Relief Fund
December 16, 2021

The internet finance platform Circle and Endaoment have joined forces to create a USDC-based disaster relief fund to help victims of last week’s deadly tornadoes in the midwest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
Russian Central Bank Might Ban Crypto Investments 
December 16, 2021

The Central Bank of Russia is talking to financial market leaders and industry experts about a potential ban on cryptocurrency investment to stem the tide of financial instability with increased use of digital currency, according to a Reuters report Thursday (Dec. 16). Get the Full...

Cryptocurrency
Thai Central Banker ‘Red-Lines’ Crypto Payments as Digital Baht Pilot Looms
December 16, 2021

Thailand is moving rapidly toward testing a central bank digital currency (CBDC) and does not want any private competition in the payments sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
2021 Crypto Scams Top $7.7B, Fueled by DeFi-Friendly ‘Rug Pulls’
December 16, 2021

When South Africa-based cryptocurrency exchange Luno discovered that many of its clients were being targeted by a project that promised investors returns so large that it was almost certainly a fraud, it did something that seems like basic common sense for any financial firm: It...