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
Wells Fargo To Pilot Digital Coin
September 19, 2019

The various debates over crypto – security, volatility, their place within, or outside of, the central banking system – are far from settled. And against that backdrop comes … a new settlement coin. Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
German Finance Minister Speaks Out Against Stablecoins
September 18, 2019

The Finance Minister in Germany Olaf Scholz spoke out on Tuesday (Sept. 17) about proposed cryptocurrencies like Facebook’s Libra and said Berlin would reject them, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
Facebook Lobbied UK For Libra Support Pre-Launch
September 18, 2019

Before it publicly released its plans for Libra, Facebook met with the Finance Ministry, the central bank and regulators in the U.K. about the proposed cryptocurrency, according to Reuters.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
Burger King Now Accepts Bitcoin
September 17, 2019

You want fries with that crypto? Might have to wait a bit, especially on the international stage. 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...

Cryptocurrency
What South Korea’s Delisting Of Private Altcoins Means For Crypto
September 17, 2019

Only five coins — altcoins to be exact. But may South Korea’s bid to delist those five coins on a single exchange, over privacy concerns, be a harbinger of things to come? Regulators seem to be drawing a bead on AML and the anonymous nature...

Cryptocurrency
Libra CEO: Crypto Is A Payment Network, Not A Currency
September 16, 2019

Calibra CEO David Marcus, who’s heading up the organization pushing the proposed Facebook cryptocurrency Libra, has taken to social media to dispel the idea that the crypto is a danger to the status quo of the global economy, according to reports.  Get the Full Story...

Cryptocurrency
Global Regulators Debate Stablecoin Risks With JPMC
September 16, 2019

Global central bank officials met with leaders from both Facebook’s Libra Association and JPMorgan to discuss policies and regulation around new cryptocurrencies, the Bank for International Settlements (BIS) said in a press release on Monday (Sept. 16). Get the Full Story Complete the form to unlock...

Cryptocurrency
Cubans Using Crypto To Get Around US Sanctions
September 15, 2019

Cubans are turning to digital currencies to get around U.S. sanctions. 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 completing...

Cryptocurrency
26 EU Central Bankers Set To Grill Libra Execs Today
September 15, 2019

Libra Association representatives are getting ready to face questioning by 26 central banks over the potential peril the proposed cryptocurrency poses to financial strength, the Financial Times reported Sunday (Sept. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited...