Search results for "bitcoin"

March 20, 2024
Ethereum Foundation Faces Investigation by Undisclosed ‘State Authority’

The Ethereum Foundation, a Swiss nonprofit at the heart of the Ethereum ecosystem, is reportedly under investigation by an undisclosed “state authority.” The investigation was disclosed Feb. 26 on the group’s...


March 19, 2024
Goldman Sachs Reports Growing Institutional Interest in Cryptocurrency

Goldman Sachs has reportedly been making significant strides in the cryptocurrency industry. A recent surge in cryptocurrency prices, with bitcoin hitting an all-time high of $73,794 last week, has been...


March 15, 2024
Dogecoin Value Surges 15% After Elon Musk’s Remarks

Elon Musk has once again stirred up the cryptocurrency market by suggesting that dogecoin (DOGE) should be accepted as a payment method for Tesla vehicles. Dogecoin saw a 15% increase...


March 14, 2024
Would You Sell Your House for Bitcoin? People Do

It is 2024, and the $2.9 trillion cryptocurrency sector doesn’t appear to be going anywhere. That’s despite a 2022 and 2023 that saw the total market capitalization shrink down over half from earlier...


March 13, 2024
FDIC Vice Chair: Tokenization ‘Beginning’ to Deliver Benefits  

Blockchain is full of promise, cryptocurrency perhaps less so, and tokenization is already shifting what it means to “own” an asset. In a speech delivered this week by Travis Hill, vice...


March 05, 2024
Analysts Debate Role of Stablecoins as Tether Tops $100 Billion

Tether, the leading global stablecoin, reportedly surpassed $100 billion in circulation this week. This milestone has fueled debate about the role of digital currencies in finance, Reuters reported Tuesday (March 5)....


March 05, 2024
Bitcoin Briefly Crosses Record $69K Threshold

Bitcoin’s price hit an all-time high Tuesday (March 5) before retreating by day’s end. The most popular cryptocurrency traded at more than $69,000 earlier in the day — breaking the...


March 05, 2024
HealthLock and Mastercard Team to Prevent Medical Fraud

Medical fraud and overbilling prevention solution HealthLock has expanded its year-old partnership with Mastercard. Beginning April 1, the HealthLock platform will be available to commercial, small business and consumer Mastercard cardholders in the...


March 05, 2024
Baanx Raises $20 Million to Bring Crypto Payments Offering to...

Cryptocurrency payments company Baanx has reportedly raised $20 million. The firm will use the Series A funding to help it introduce its services in the U.S. and Latin America, Chief Commercial Officer Simon...


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.