Cryptocurrency

Cryptocurrency
U.S. Treasury Eyes Probe of Stablecoins’ Financial Risk
September 12, 2021

The U.S. Department of the Treasury is looking into both the risks and benefits of stablecoins, Reuters 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...

Cryptocurrency
Crypto Is Innovative But Risky, European Regulator Says
September 10, 2021

A new report by the European Securities and Markets Authority (ESMA) calls cryptocurrency both a financial innovation and a possible threat due to the cost of crypto mining. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
BIS Official Urges Central Banks to Adopt Digital Currency
September 10, 2021

The head of the Bank for International Settlements’ Innovation Hub has a message for the world’s central banks: get on the digital currency train or get left behind. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
BitPay CEO Sees Promise Beyond El Salvador’s Grand Bitcoin Experiment
September 09, 2021

El Salvador’s embrace of bitcoin may be a grand experiment, marked by great expectations … or it may be a technological flop with few takers (from the public at large). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
SEC Threatens Coinbase With Lawsuit Over Lending Scheme
September 08, 2021

The U.S. Securities and Exchange Commission (SEC) is threatening to sue the cryptocurrency exchange platform Coinbase over its loan product Coinbase Lend — and the company said in a blog post that it has no idea why. Get the Full Story Complete the form to...

Cryptocurrency
Coinbase CEO’s Tweet Storm Fuels Escalating Fight With SEC Over Regulation of Crypto, Stablecoins
September 08, 2021

For cryptos in general, through the past few years and continuing into today, there has been an existential question: Security or currency? Or something else entirely? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
FCA Chair: Investors Need Protection From Online Crypto Schemes
September 08, 2021

Investors need protection from sketchy cryptocurrency schemes, especially those being promoted online by paid influencers in “pump and dump” maneuvers, Financial Conduct Authority Chairman Charles Randell said in an address at the Cambridge International Symposium on Economic Crime. Get the Full Story Complete the form...

Cryptocurrency
UATP, BitPay Team on Crypto Payment Possibilities
September 08, 2021

Global payment network UATP is working with payment processing company BitPay to allow for more payments using cryptocurrency, a press release stated on Wednesday (Sept. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
With Proper Regs, Crypto Could Be Crime-Fighter Rather Than Criminal Favorite
September 08, 2021

The U.S government has made a lot of noise in recent weeks about the need for tougher regulation in crypto to prevent it from being used for money laundering or to finance terrorism. Get the Full Story Complete the form to unlock this article and...