Search results for "bitcoin"

September 15, 2022
PYMNTS Intelligence: Making Sense of the Digital Currency Space

Before stablecoins, cryptocurrencies or even the blockchain technology on which these are based, eMoney emerged as a concept that promised to revolutionize commerce. Instead of cash, checks or cards, eMoney...


September 15, 2022
Credit Unions See Crypto as Member Investment Conversation Starter

It’s time for credit unions to make sure that they know how to talk to members about crypto, according to a major credit union service organization (CUSO). This is why...


September 14, 2022
Today in Crypto: FTX Eyes Capital Raise Linked to a...

A man was arrested in the Netherlands on suspicion of laundering stolen money using malicious software allegedly linked to Electrum, a crypto wallet service, Coindesk wrote Wednesday (Sept 14). The...


September 14, 2022
US Treasury Blacklists Bitcoin Addresses Linked to Iranian Ransomware Group

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned 10 individuals and two entities for their roles in ransomware activity, cyber-espionage and other cybercrimes.  The named parties...


September 14, 2022
Republic on the Future of Blockchain Tokens

According to the new "Blockchain Payments Tracker®," Republic Crypto's Jon Knipper tells PYMNTS that cryptos hold other advantages, including resistance to censorship as well as a regulatory edge when it...


September 13, 2022
Ethereum’s New Green Blockchain Is Bitcoin’s Biggest Threat

Using bitcoin for payments may not get as much chatter as it did at the beginning of the year, but under the hood, a lot’s been happening in 2022. Payments...


September 13, 2022
NFT Weekly: Starbucks’ Token Rewards; Beyoncé, Bruno Mars Hitmakers Go...

Starbucks has been an early adopter of crypto — or at least an early experimenter — since 2019 when it first started testing various pay-with-bitcoin tools, notably through its loyalty...


September 13, 2022
Crypto Payments Firm RocketFuel, PaymentCloud Team on Merchant Payments Tool

Cryptocurrency payments and infrastructure company RocketFuel on Tuesday (Sept. 13) announced it had reached an agreement to offer its products with merchant-services provider PaymentCloud. Under the arrangement, according to RocketFuel,...


September 13, 2022
EMEA Daily: Verto and Xente Team up on NGO Payments;...

Today in Europe, the Middle East and Africa (EMEA), Verto has partnered with Xente to provide payment services to NGOs and the United Arab Emirates gets a new digital bank...


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.