Search results for "bitcoin"

August 29, 2022
JPMorgan’s Kelly: Sell Crypto, Stay Away From Large Cap Tech...

JPMorgan Asset Management’s David Kelly thinks investors ought to focus on value stocks as the Federal Reserve continues to raise rates, Bloomberg reported Monday (Aug. 29). The chief global strategist...


August 29, 2022
The Case for Crypto Proof of Work: Bitcoin Is Dirtier...

The blockchain industry has voted with its feet, and Bitcoin-style mining for cryptocurrency has largely been relegated to the scrap heap of history, at least for new chains. Bitcoin, the...


August 29, 2022
Court Says Central African Republic’s Crypto Sales Are Unconstitutional

The Central African Republic’s top court has ruled that using government-backed cryptocurrency to purchase land, citizenship and “e-residency” goes against the country’s constitution. As Reuters reported Monday (Aug. 29), the...


August 29, 2022
SEC Homes in on Small Cryptos to Bolster Oversight Case

The Securities and Exchange Commission appears to be targeting a trio of smaller, privacy-focused cryptocurrencies, including Stellar’s lumen token, the world’s largest digital asset manager revealed in filings recently. Grayscale...


August 29, 2022
Emerging Market Consumers Lukewarm on Value of CBDCs

It’s been over a year since the Central Bank of Nigeria (CBN) issued a circular prohibiting banks and other financial institutions from facilitating cryptocurrency transactions and processing payments for crypto...


August 29, 2022
3 Things to Know About the UK’s DFMI Consortium Exploring...

Last week saw the launch of the Digital Financial Markets Infrastructure (DFMI) consortium, a cross-industry body committed to exploring the future of money through real world pilots of technologies like...


August 28, 2022
Today in Crypto: Taliban Bans Crypto, Arrests Dealers; Grayscale Tells...

The Securities and Exchange Commission (SEC) has been questioning Grayscale Investments over its “securities law analysis” of tokens in a few smaller crypto trusts, a Coindesk report said Saturday (Aug....


August 28, 2022
The Crypto World Can’t Wait for ‘the Merge’

By David Yaffe-Bellany, New York Times The cryptocurrency industry has endured a terrible year. A devastating crash wiped nearly $1 trillion from the market, draining the savings of thousands of people. Several companies filed for...


August 26, 2022
Crypto Derivatives Coming to America

The American cryptocurrency industry has set its sights on a new, far more lucrative target than bitcoin: It’s gunning for crypto derivatives. While they’ve technically been available for a couple...


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.