August 15, 2022
El Salvador Weekly: Four Questions for President Bukele on ‘Doubt’...
Salvadoran President Nayib Bukele added his voice to the bragging ministers after the United Nations World Tourism Organization’s (WTO) Aug. 1 World Tourism Barometer report placed El Salvador as one...
August 15, 2022
Savvy Retailers Demand Sophisticated Answers to Evolving Crypto Questions
Welcome to “The Merchants Guide to Accepting Crypto: The Questions to Ask,” a new PYMNTS series aimed at helping merchants big and small, online and in-store, who want to accept...
August 14, 2022
Voyager Investors Sue Mark Cuban Over Alleged ‘Ponzi Scheme’ Promotion
Billionaire Mark Cuban is being sued over allegations that he misled investors to put money into now-bankrupt crypto lender Voyager Digital, a class-action lawsuit filed in Miami states, calling the...
August 14, 2022
Today in Crypto: Binance Recovers $450K Stolen From Curve.Finance; Buterin...
India’s Enforcement Directorate, which works on probing financial crimes, announced Friday (Aug. 12) that it has frozen assets worth around 3.7 billion rupees ($46.4 million) from crypto exchange Vauld. In...
August 14, 2022
Brazilian Crypto Platform BlueBenx Suspends Withdrawals, Reports $31M Hack
Brazilian cryptocurrency investment platform BlueBenx has become the latest crypto company to suspend withdrawals, citing an alleged hack that cost the company over $31 million. The company said withdrawals might...
August 12, 2022
Federal CFTC Files Civil Charges Against Ohio Man and Companies...
The federal Commodities Figure Trading Commission (CFTC) filed civil charges against an Ohio man and his three companies, alleging he perpetuated a digital asset trading scam much like a “Ponzi...
August 12, 2022
Inflation, Credit Pressures Manageable for BNPL Providers Amid Soaring Volumes
Buy now, pay later (BNPL) took off like a rocket during the pandemic, in an age when interest rates were at historic lows and stimulus payments left many consumers feeling...
August 11, 2022
How the Digital Euro Can Help Address Disintermediation, Sovereignty Issues
In a recent European Central Bank (ECB) working paper, central bank digital currencies (CBDCs) were discussed as being a potential “holy grail” for cross-border payments. In it, the authors highlighted...
August 11, 2022
PYMNTS Cryptocurrency Glossary: Stablecoins
Cryptocurrency is a confusing business with a language all its own, in part because it is a genuinely new way of doing business and in part because it was created...