Search results for "bitcoin"

September 27, 2022
Stablecoins Seeks to Break into Gig Economy

As the gig economy explodes and goes global, companies are finding it necessary to pay people farther and farther abroad, which can get more and more complex the farther you...


September 27, 2022
Strike Raises $80M to Grow Its Bitcoin-Based Payment Network

Digital payment provider Strike, which is built on the Bitcoin Lightning Network, has raised $80 million in a Series B funding round, which it will use to grow, expand existing...


September 27, 2022
Bankrupt Crypto Firm Voyager Sold to FTX for $1.4B

Voyager Digital will sell its assets to cryptocurrency exchange FTX for $1.4 billion, the struggling crypto lender announced late Monday (Sept. 26). The sale came “after multiple rounds of bidding...


September 26, 2022
Russian Regulators Explore Cross-Border Crypto Payments

Russian authorities are working on a way to use cryptocurrencies for settlements with other nations amid the sanctions related to the Russia-Ukraine war. The country’s central bank and finance ministry...


September 25, 2022
Today in Crypto: Pentagon Hires Inca Digital to Research Crypto...

The Defense Advanced Research Projects Agency (DARPA) has hired Inca Digital, a digital asset data and analytics provider, to look into cryptocurrency risks to national security. DARPA, the research and...


September 25, 2022
Russian Financial Regulators Explore Cross-Border Crypto Payments

Russian authorities are working on a way to use cryptocurrencies for settlements with other nations amid the sanctions related to the Russia-Ukraine war. The country’s central bank and finance ministry...


September 25, 2022
Bankrupt Crypto Lender Voyager’s CFO Ashwin Prithipaul Resigns

Bankrupt crypto lender Voyager Digital, which saw a number of troubles amid the volatile crypto market this year, has announced that its Chief Financial Officer Ashwin Prithipaul will be stepping...


September 23, 2022
Fitch Says Bond Buy Won’t Lower El Salvador’s Default Risk

El Salvador has repurchased more than $500 million of its bonds at a huge discount, but that may not lessen its risk of a default at the beginning of 2023....


September 23, 2022
SEC Ethereum Lawsuit Asserts Control Over Most Crypto Blockchains

Earlier this week, the Securities and Exchange Commission (SEC) buried a very broad and very big jurisdiction claim 69 paragraphs down in a lawsuit about a 2018 initial coin offering...


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.