Search results for "bitcoin"

April 25, 2024
Stripe to Launch Support for Global Stablecoin Payments This Summer

Stripe is bringing back crypto payments after stopping them in 2018. John Collison, co-founder of Stripe, said in a Thursday (April 25) post on X (formerly Twitter): “Crypto is back.” Crypto is...


April 24, 2024
Square and Cash App Collaborate on Bitcoin Conversions for Sellers

Block ecosystems Square and Cash App have begun rolling out a feature that will allow eligible Square sellers to automatically convert a portion of their daily sales to bitcoin with Cash App. The rollout of...


April 21, 2024
Bitcoin Halving Concludes as Investors Uncertain on Gains

Like the Summer Olympics and the presidential election, bitcoin’s “halving” comes every four years. The latest halving — a preprogrammed event that cuts the amount of available coins to be...


April 17, 2024
This Week in Web3: Bitcoin Halving, Stablecoins, Bankman-Fried

The bitcoin halving is imminent, and crypto is on everyone’s mind this week. That’s because the technical event, which happens every four years and serves to create more scarcity of...


April 17, 2024
Crypto.com VC Arm Cautious of Outsized Valuations

Crypto.com’s venture capital unit has doubts about some of the sector’s steep valuations. That’s according to CEO Kris Marszalek, who spoke on the topic in an interview with Bloomberg News published Wednesday...


April 16, 2024
Crypto.com Adding 1,400 Employees as Bitcoin, Other Tokens Rally

Crypto.com is in the process of adding 1,400 employees, a little more than a year after cutting one-fifth of its staff.  The turnaround at the digital asset exchange began after...


April 10, 2024
This Week in Web3: Usability, Utility and Oversight 

The next iteration of the internet, Web3, has been around for a while now.  Meta’s Reality Labs division — the arm of the tech giant that focuses on metaverse, mixed...


April 10, 2024
EU Watchdog: 90% of Crypto Trading Confined to 10 Exchanges

Ten cryptocurrency exchanges account for 90% of the market’s trading. And that concentration could be a problem, according to a report issued Wednesday (April 10) by the European Securities and Market Authority (ESMA)....


April 10, 2024
Treasury: ‘Malign Actors’ Use Crypto to Get Around Regulators

Cryptocurrency is increasingly becoming a safe haven for “malign actors” such as terror groups. That’s according to testimony Tuesday (April 9) by U.S. Treasury Deputy Secretary Wally Adeyemo, who spoke...


AML/KYC
How Gemini Balances User Privacy With AML And KYC Compliance Cryptocurrencies’ anonymous nature makes them popular, but crypto exchange platforms are still required to collect buyers’ personal data for AML and KYC compliance. In the “AML/KYC Tracker,” a PYMNTS and Trulioo collaboration, Elena Hughes, chief compliance officer at Gemini, explains how platforms can selectively collect data to ensure user privacy and adhere to regulations.  
The Corporate Treasury Shift: Asset Allocation And The New Cryptocurrency Option
More Banks Turn to Crypto, Blockchain to Help Corporates Drive Global Growth Fifty-eight percent of multinationals that do business in six or more countries use cryptocurrencies in their day-to-day operations. A new PYMNTS study of 250 multinational financial institutions (FIs), sponsored by Circle, examines how their corporate customers are using blockchain and crypto to manage liquidity, make payments and drive global growth — and the digital currency imperative it implies for FIs that wish to retain those corporate relationships.