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
Cashless Norway Explores Central Bank Digital Currency
April 22, 2021

Is Norway, the most cashless society on the planet, ready for a central bank digital currency (CBDC)? The head of the country’s central bank is starting to think so. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
US House Passes Bill To Form ‘Digital Asset Working Group’ 
April 21, 2021

Operating frameworks – and at least some guidelines on just what cryptocurrencies are and how they should be used – may be in the offing sooner rather than later. On Tuesday (April 20), the U.S. House of Representatives passed several pieces of legislation focused on...

Cryptocurrency
Circle CEO: Crypto’s Growth Depends On Improved Settlement Process
April 21, 2021

The cryptocurrency drumbeat continues to build. Coinbase has gone public. PayPal and Venmo allow customers to buy, sell and store cryptocurrencies.  Tesla lets consumers use bitcoin to buy its car. But to reach an eCommerce ecosystem that rivals the actual Internet in scale and reach,  Circle CEO Jeremy...

Cryptocurrency
Gilded Rolls Out Mass Pay To Let Firms Pay Employees Via Crypto
April 20, 2021

Gilded, which automates crypto payments and accounting, has rolled out a technology called Mass Pay that lets companies pay as many as 500 staffers at a single time in Ethereum-based digital currencies like stablecoins, according to a Tuesday (April 20) announcement. Get the Full Story...

Cryptocurrency
Crypto Speculators Rally Around Dogecoin, But Uncertainty Remains
April 20, 2021

Tuesday (April 20) was supposed to be a red-letter day of sorts for Dogecoin, the cryptocurrency that has its roots as an internet sensation – chiefly as a joke – and has grown to be a phenomenon. Get the Full Story Complete the form to...

Cryptocurrency
WeWork Will Now Accept Cryptocurrency Payments
April 20, 2021

WeWork has begun accepting some forms of cryptocurrency for inbound and outbound transactions, the shared office space provider announced on Tuesday (April 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Facebook’s Diem Could Launch Stablecoin In 2021
April 20, 2021

Facebook-backed digital currency project Diem could launch its first stablecoin in 2021 as a small-scale pilot, CNBC reported on Tuesday (April 20), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
SEC Reckons With Crypto’s Currency And Security Conundrum
April 20, 2021

Regulation straddles the fine line between art and science — and getting the right mix of “spirit” and “letter” of new codes of conduct and operations, for businesses at least, is seldom a seamless process. Get the Full Story Complete the form to unlock this...

Cryptocurrency
Venmo Users Can Now Buy, Sell And Hold Cryptocurrency
April 20, 2021

PayPal’s peer-to-peer (P2P) payment app Venmo is now offering its estimated 77 million users an entrée into the cryptocurrency arena, the company said in a press release on Tuesday (April 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited...