Search results for "bitcoin"

August 04, 2022
Coinbase to Give BlackRock Clients Access to Crypto

Cryptocurrency exchange Coinbase is working with asset management giant BlackRock to give its clients direct access to crypto. The partnership is open to institutional clients of Aladdin, BlackRock’s end-to-end investment...


August 03, 2022
Today in the Connected Economy: Grubhub’s Amazon Bid Pays Off

Today in the connected economy, Grubhub reaps the benefits of its investment in Amazon, with its parent company’s CEO saying orders have accelerated since the partnership began. Plus, the Commodity...


August 03, 2022
$8M Solana Hack: A Cautionary Tale About the Dangers of...

At this point, it’s tempting to say, “Another day, another massive crypto hack.” But this one’s different. While the sum involved is relatively small — an estimated $8 million, compared...


August 03, 2022
Crypto Fight on Capitol Hill Increasingly Favors CFTC

The Commodity Futures Trading Commission (CFTC) appears to have won another round in its fight with the Securities and Exchange Commission (SEC) for control of crypto oversight. The leaders of...


August 03, 2022
ECB Cautions Against Quixotic Quests on Path to CBDC ‘Holy...

Holy Grail? Maybe. But: For cross-border payments, there may be a few paths to that Grail. The recent paper put forth by the European Central Bank, titled “Towards the Holy...


August 03, 2022
Crypto Payments Still Rewarding for Some Users, Even as Headwinds...

When SHOP.COM started taking crypto at checkout a year ago, the firm was pretty confident that existing customers would get onboard with the new way to pay. After all, they...


August 02, 2022
Are People Paying with Crypto Really Trying to ‘Stick It...

Paying in crypto is supposed to lower the fees people pay when they purchase things by cutting out the middlemen like banks, credit card firms and other payments processors. Along...


August 02, 2022
Who Is Bitcoin Creator ‘Satoshi Nakamoto,’ and Why Does He...

“Bitcoin,” “blockchain” and “cryptocurrency” are words that most people have at least heard of since the industry exploded into the mainstream public consciousness over the last year and a half....


August 02, 2022
ECB: CBDC Could Be ‘Holy Grail’ for Cross-Border Payments

A central bank digital currency (CBDC) could be the “holy grail” for cross-border payments, offering a solution that is “immediate, cheap, universal in terms of reach, and settled in a...


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.