Search results for "bitcoin"

September 07, 2022
Luxury Resort Palazzo Versace Dubai Accepts Crypto via Binance

Palazzo Versace Dubai, a hotel and resort completed in Culture Village by Dubai Creek in Dubai, United Arab Emirates (UAE), is now accepting cryptocurrency payments for dining, stays and spa...


September 07, 2022
Sanctions-Busting Russian Stablecoin Would Test US Regulations

Get ready to see the stablecoin regulation wars heat up. Tuesday (Sept. 6), Russia’s official government news agency, Tass, reported that the government was turning to stablecoins to make cross-border...


September 07, 2022
Ethereum’s Moment in Sun Overshadowed as Markets Drive Crypto Down

For crypto insiders, Tuesday, Sept. 6 was momentous. So why did the market fall off a cliff last night, with bitcoin down almost 6% and ether off almost 10%? In...


September 07, 2022
PYMNTS Intelligence: Keeping Consumers Safe in Web 3.0

As ubiquitous as the internet may be, there are new and exciting virtual realities to consider: The metaverse is on its way. A poll indicated that four out of five...


September 06, 2022
Bnk To The Future Signs Deal to Buy Crypto Lender...

One of the first bitcoin and crypto securities businesses is looking to acquire one of the initial crypto lending platforms in a deal that aims to result in a regulatory-compliant...


September 06, 2022
Crypto Insolvencies Spread as Top Bitcoin Mining Pool Halts Withdrawals

A crypto mining pool that accounts for nearly 10% of bitcoin’s computing power has cut off withdrawals, citing liquidity issues as it blocks members from accessing their cryptocurrency. Many of...


September 06, 2022
Binance Boots Rivals’ USDC Stablecoin as Crypto Trading Retrenches

The stablecoin wars are heating up, and Circle and Coinbase’s USDC could be in for a rough time. As the market shrinks, Binance, the world’s largest cryptocurrency exchange, has fired...


September 05, 2022
Today in Crypto: FIFA Builds NFT Platform for Soccer Fans;...

FIFA will be debuting a non-fungible token (NFT) platform to offer digital collectibles portraying the best game moments in soccer, Bitcoin.com reported. The platform will likely open later in the...


September 05, 2022
Coromandel Provides $25M in Credit to Nectar to Finance Short-Term...

Coromandel Capital has announced that it will be providing $25 million for a senior secured credit facility to Nectar, which gives cash flow financing for real estate entrepreneurs, a press...


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.