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
Today in Crypto: 2 Argentinian Banks Let Customers Buy Crypto; Coinbase CEO Anticipates A Billion...
May 03, 2022

Two Argentinian banks will be the first in their country to allow the use of cryptocurrency, with Banco Galicia, the biggest private bank there, and digital bank Brubank, letting their customers buy crypto, Bloomberg reported Monday (May 2). Get the Full Story Complete the form...

Cryptocurrency
Quickbit Debuts Sweden’s First Crypto Debit Card
May 03, 2022

Quickbit has become the first Swedish crypto firm to offer a debit card in that country, the company announced on its website Tuesday (May 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
1 in 5 US Consumers Have Purchased Bitcoin
May 03, 2022

Three cryptocurrencies are the ones that the greatest shares of consumers currently own, have ever owned and are aware of. Making the top 3 in each of these aspects are bitcoin, ether and dogecoin. Get the Full Story Complete the form to unlock this article...

Cryptocurrency
Another Blockchain Overwhelmed by NFT Transactions as Solana Crashes Outright
May 03, 2022

When it comes to processing transactions on a blockchain, scalability isn’t everything. 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
EU Commissioner Urges Global Collaboration for Crypto Regulation 
May 03, 2022

Mairead McGuiness, European commissioner for financial services, financial stability and capital markets union, called on regulators to adopt a global approach to regulate cryptocurrencies and suggested that Europe and the U.S. could work together to lead the way.  Get the Full Story Complete the form...

Cryptocurrency
Bipartisan Bill Paves the Way for CFTC’s Crypto Oversight
May 03, 2022

Republican and Democratic lawmakers last week (April 28) introduced the Digital Commodity Exchange Act of 2022 in the House, which essentially authorizes the Commodity Futures Trading Commission (CFTC) to register and regulate trading venues offering spot or cash digital commodity markets as digital commodity exchanges...

Cryptocurrency
Today in Crypto: Crypto.com’s CRO Token Drops 11% After Company Cuts Rewards; ApeCoin Drops After...
May 02, 2022

Crypto.com’s CRO Visa Cards will be undergoing some changes soon, with a reduction in rewards, a new rewards cap and the phasing out of some rewards, according to a company blog post published Sunday (May 1). Get the Full Story Complete the form to unlock...

Cryptocurrency
Buffett: Crypto Has ‘a Magic to It,’ but He Wouldn’t Buy It All for $25
May 02, 2022

There will be no Berkshire Coin cryptocurrency, Berkshire Hathaway Chairman Warren Buffett said at the company’s annual shareholder meeting on April 30, nor will there be a Buffett Coin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
El Salvador’s Bitcoin-As-Currency Experiment Is Costly And Failing
May 02, 2022

Eight months after its September rollout, it’s become evident that El Salvador’s much-hyped experiment with making bitcoin a legal tender has been a failure so far. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...