Search results for "bitcoin"

July 31, 2022
Today in Crypto: Binance, FTX Grow During Selloff; Crypto Beginners...

Spanish banking multinational Santander will begin offer crypto trading for its Brazil clients, according to Santander Brazil CEO Mario Leao. “We recognize that it is a market that is here...


July 29, 2022
El Salvador Weekly: Bond Buyback Hopes to Stem Bitcoin-Related Default...

El Salvador will buy back $1.6 billion worth of its sovereign bond, hoping to pull its highly discounted debt out of deep junk territory and reassure the market that it...


July 28, 2022
Today in Crypto: Durbin, Warren Question Fidelity on Retirement Funds’...

Solana-based yield protocol Nirvana Finance has been hit by a $3.5 million exploit which used flash loans to manipulate and drain liquidity. Flash loans are a popular way for attackers...


July 28, 2022
FinTech IPO Index Sinks 3.3% as Economic Concerns Overshadow Earnings...

The investing world is parsing the slew of earnings that are continuing to come from banks, from the payments networks. And  thus far, while earnings announcements have yet to pick...


July 28, 2022
French Lawmaker Calls for Crypto Committee as Legal Questions Loom

With legal questions mounting around the push to adopt cryptocurrency as an accepted form of payment across countries around the world, French Senator Nathalie Goulet on Thursday (July 28) pushed...


July 28, 2022
French Lawmaker Calls for Crypto Committee as Legal Questions Loom

With legal questions mounting around the push to adopt cryptocurrency as an accepted form of payment across countries around the world, French Senator Nathalie Goulet on Thursday (July 28) pushed...


July 28, 2022
Blockchain in Action: Making Oil, Gas Flow More Easily

Welcome to the ninth article in PYMNTS’ Blockchain in Action Series. Most people at least know that blockchain is the technology that bitcoin and other cryptocurrencies are built on, but...


July 28, 2022
South Korea’s Crypto ‘Kimchi Premium’ Suspected in $3.4B FX Investigation

When people talk about illicit Korean cryptocurrency transactions, people tend to think of North Korean hackers stealing billions in bitcoin to fund the country’s nuclear weapons program. But when South...


July 28, 2022
Thai Crypto Exchange Zipmex Seeks Bankruptcy Protection

Zipmex is seeking bankruptcy protection in Singapore, the Thailand-based cryptocurrency exchange said Wednesday (July 27). “This helps protect Zipmex against third-party actions, claims, and proceedings while it is active, and...


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.