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
Circle Announces SPAC Listing Plans; Deal Combines Crypto’s Hyper Growth With USD’s Stability
July 08, 2021

The latest entrant to the SPAC parade has all the buzz of crypto and blockchain, but is rooted in the dollar and in stablecoins. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Visa Expands Ecosystem For Crypto-Linked Cards As Spending Tops $1B
July 08, 2021

Visa said it had struck partnerships with more than 50 cryptocurrency platforms and exchanges to allow end-users to spend digital currencies at 70 million merchants globally via crypto-linked cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
Visa’s Crypto-Backed Cards Count $1 Billion In Spending
July 07, 2021

Visa said Wednesday that its cryptocurrency-backed credit card is growing in popularity. The company’s chief financial officer told CNBC today that users of the card had spent more than $1 billion worth of cryptocurrency globally on goods and services in the first six months of...

Cryptocurrency
InComm, Flexa Partnership Lets Merchants Accept Crypto Payments
July 07, 2021

Global payments firm InComm Payments says it is working with Flexa to offer customers an easier way to accept digital currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
NFT Market Hits $2.5B In Six Months
July 06, 2021

The sales volume for non-fungible tokens (NFTs) hit $2.5 billion in the first six months of this year, up from a total of $13.7 million in all of 2020, Fox News reported, citing data from the NFT marketplace OpenSea and other marketplace data. Get the Full Story Complete...

Cryptocurrency
New Ukraine Legislation Lists CBDC As Cash Equivalent
July 02, 2021

New legislation passed by the Ukrainian parliament addressed central bank digital currency (CBDC) and determined that it was functionally equal to cash or other payment tools, Coindesk reported on Thursday (July 1). Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
FIs Inch Closer To Offering Crypto Accounts For Customers
July 01, 2021

As banks get further into crypto, it is hard to not see that evolution as validation for digital currencies and the world’s fastest-growing new asset class. At least that is the conventional wisdom in the wake of a number of deals among providers to bring...

Cryptocurrency
Coinbase Planning Decentralized App Store Using Blockchain
July 01, 2021

Coinbase is planning to develop a cryptocurrency app store for decentralized apps (dApps) using the blockchain, with an end goal of listing all legal assets and putting decision-making into the hands of users. Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
Bank Of France Governor: Digital Yuan Threatens Euro
June 29, 2021

As China keeps developing its digital yuan, European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau doesn’t think it’s a good sign for the euro, Bloomberg writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...