Search results for "bitcoin"

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...


July 27, 2022
Russia Plans Amendments to Regulate NFTs

The Ministry of Economic Development in Moscow has numerous amendments planned to regulate non-fungible tokens (NFTs), looking to amend the Civil Code and the law “On Digital Financial Assets.” The...


July 27, 2022
CFPB’s Chopra Warns About Real-Time Crypto Payments

The entry of cryptocurrencies into the real-time payments market is a big concern for the Consumer Financial Protection Bureau, its director said. In discussing a broader look at Big Tech’s...


July 27, 2022
Cathie Woods’ Ark Jumps Ship as Coinbase’s SEC Woes Threaten...

Nasdaq-listed cryptocurrency exchange Coinbase’s troubles have been growing for some time as its stock price followed earnings off a cliff in Q1, a massive round of layoffs hit, and the...


July 27, 2022
Supporting the Right Cryptos and Wallets Is Key When Choosing...

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...


July 26, 2022
Crypto Says It Can Transform the Creator Economy. So Why...

If you want to know why there’s so much talk about crypto and blockchain’s potential to transform the creator economy, one good answer might be that there’s so much in...


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.