Search results for "bitcoin"

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...


September 05, 2022
As Workers of the World Await Fidelity’s Bitcoin 401(k), Will...

Despite strong opposition from some of the most powerful members of Congress and Department of Labor, which oversees 401(k) plans, Fidelity is still preparing to offer the option to invest...


September 04, 2022
Today in Crypto: Actor Bill Murray Loses $185K in Crypto...

Coinbase users in the Eastern European country of Georgia have reportedly been exploiting a price bug to cash out holdings for 100 times the exchange rate. Georgia’s lari currency was...


September 04, 2022
El Salvador Weekly: One Year on, Bitcoin-as-Legal-Tender Is on the...

El Salvador’s experiment to make bitcoin a legal tender alongside the dollar is rapidly approaching its one-year anniversary on Sept. 7, and the endeavor has not been one of President...


September 02, 2022
Building a Metaverse World with a Real-World Economy

When Kevin Beauregard talks about the economy of his forthcoming racing game, ExoGP, the CEO of gaming developer Atmos Labs wants to talk about ownership, not earning. The metaverse-focused game’s...


September 02, 2022
Lawsuits Show Crypto KYC Can Help Recover Losses

One of the biggest issues virtually all crypto regulations seek to fix is the need to identify the parties in every transaction, which is difficult given that blockchain technology is...


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.