(source: en.wikipedia.org)
IRS Commissioner Charles Rettig says there’s “replicating” of tax evasion with cryptocurrencies using nonfungible tokens (NFTs), CNBC reported on Wednesday (April 14), adding that the IRS is looking at the dark web for crime related to crypto or NFT transactions. Get the Full Story Complete...
It may be a hallmark of public listing of shares that as disruptive tech companies come to market, their stocks soar. The lofty share prices are proof positive that 1) the company is disruptive and 2) the market it promises to disrupt is both real...
What people want most from digital currency is privacy, the European Central Bank (ECB) said in its report from public consultations about the possibility of a central bank coin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
BitPay has joined the Crypto Open Patent Alliance (COPA), agreeing to share open-source projects and participate in a shared patent library, the cryptocurrency payment processor announced on Wednesday (April 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Central bank digital currencies (CBDCs), by and large, have been heralded as having utility across a variety of use cases — from speeding stimulus payments to bringing financial services to the unbanked to easing cross-border B2B payments. Also, of course, for staving off private digital...
Perhaps the key takeaway of the testing is that … more testing is in order. The Swedish central bank (Riksbank) said it had conducted the first phase of its pilot tied to the creation and issuance of a central bank digital currency (CBDC). But there are...
Just about every small business will face at least one moment in its lifespan in which working capital is running low. A mom-and-pop shop on Main Street has plenty of options to access funds, from alternative lenders to banks. Get the Full Story Complete the...
The Bank of Japan is the latest to look into creating a central bank digital currency (CBDC), according to a news release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
In the brave new world of the central bank digital currency (CBDC), smaller nations are taking the plunge, it seems, before the world’s largest economies are quite ready to do so. Late last week, the Eastern Caribbean Central Bank (ECCB) debuted DCash — which makes...
