Once thought of as just a fad, cryptocurrencies are gaining, well, currency as a conduit for mainstream commerce. 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...
Cryptocurrency and blockchain technologies are proving increasingly useful for cross-border businesses. Cryptocurrencies facilitate easy and cost-effective international payments, and blockchain-based smart contracts foster trust with partners in faraway locations. Despite these benefits, few financial institutions (FIs) provide cryptocurrency access or blockchain products to their business...
The dictionary definition of crypto is “secret or hidden; not publicly admitted.” 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...
Austrian officials say the tax it’s planning to apply to cryptocurrencies, similar to what’s done on mainstream stocks and bonds, is about creating confidence in their viability, according to a Bloomberg report on Tuesday (Nov. 9). Get the Full Story Complete the form to unlock...
Blockchain solutions provider Ripple introduced plans for a new platform to help enable users to buy, sell and hold digital assets, according to a Tuesday (Nov. 9) blog post on the company’s website. Get the Full Story Complete the form to unlock this article and...
A new cryptocurrency tax reporting mandate is expected to become law once President Joe Biden signs the measure, according to a Monday (Nov. 8) report from The Verge. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
People should approach high-risk cryptocurrency investments with great trepidation, Ravi Menon, managing director of the Monetary Authority of Singapore (MAS) said in a speech at the Singapore Fintech Festival on Tuesday (Nov. 9). The annual conference runs through Friday (Nov. 12). Get the Full Story...
Bank of England Governor Andrew Bailey said surging cryptocurrency use is a boon for illicit activity, Reuters reported. 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...
Mastercard announced on Monday (Nov. 8) that it has partnered with three leading digital currency companies across Asia-Pacific to launch crypto-linked payment cards. As a result of the partnerships with Amber, Bitkub and CoinJar, consumers and businesses in the APAC region will be able to...
