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
New Study: Crypto Emerging as a Favored Form for Cross-Border Remittances
October 26, 2021

PYMNTS research finds that nearly 60% of consumers making cross-border remittances in the past year increased such payments under the pandemic, and, with U.S. consumers sending some $76 billion annually in remittances to people in other countries, the potential to reduce the cost of these...

Cryptocurrency
Rand Paul Wonders if Crypto Will Become World Reserve Currency
October 25, 2021

Senator Rand Paul is wondering whether cryptocurrency could dethrone the dollar as the world’s reserve currency as it continues to grow in popularity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Bakkt Stock Nears $25 Per Share After Mastercard Crypto Team-Up
October 25, 2021

Digital asset platform Bakkt saw its stock jump significantly Monday (Oct. 25) in the wake of its collaboration with Mastercard that gives cryptocurrency access to its customers, Barron’s reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
ACI Teams With RocketFuel To Power Cryptocurrency Merchant Payments
October 25, 2021

Real-time digital payments provider ACI Worldwide is partnering with cryptocurrency payments platform RocketFuel Blockchain to bring alternative currency payments capabilities to merchants around the globe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
Crypto Owners Are 4 Times More Likely to Use Digital Dollar Alternatives for Remittances
October 25, 2021

In much the same way that the shift from in-person retail to digital shopping has changed retail over the past decade, the expanded possibilities surrounding cross-border remittances are set to follow a similar transformation.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cryptocurrency
Hasbro Partners With WAX on Power Rangers NFT Collection 
October 22, 2021

Toy and entertainment company Hasbro, Inc., announced Friday (Oct. 22) during Hasbro Pulse Con that it has teamed up with The Worldwide Asset eXchange (WAX) for its first non-fungible token (NFT) collection, featuring the Power Rangers, according to an Action Figure Insider report.   Get the...

Cryptocurrency
Proactive Approach to Regulation Best Outcome for Crypto Industry, Pros Tell PYMNTS
October 22, 2021

Cryptocurrencies face an uncertain and perhaps even tenuous evolution in commercial transactions. 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...

Cryptocurrency
Consumers Mull Switching Rewards to Cryptocurrency
October 22, 2021

Where there is a will, there is a way. Provided there is also a clear understanding of what’s at the heart of a consumer’s interest in making a change. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
Robinhood CEO Says Over a Million Users Want to Try Its Crypto Wallet
October 21, 2021

Robinhood has a waitlist for its cryptocurrency wallet that now amounts to over 1 million customers, CNBC 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...