Blockchain

Blockchain is resistant to modification of the data. It is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way.

By design, a blockchain is resistant to modification of the data. It is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way".

(source: en.wikipedia.org)

Binance Fights Back Against CFTC Complaint, Claims Regulatory Overreach
Binance Fights Back Against CFTC Complaint, Claims Regulatory Overreach
July 28, 2023  |  Regulation

Binance and its CEO, Changpeng Zhao, are reportedly fighting back against a complaint filed against the cryptocurrency exchange by the U.S. Commodity Futures Trading Commission (CFTC). They filed a...

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This Week in Payments: Card Networks Strong, Crypto Regs in Focus, Shopify Helps SMBs
This Week in Payments: Card Networks Strong, Crypto Regs in Focus, Shopify Helps SMBs
July 28, 2023  |  Payment Methods

This week in payments, Mastercard and Visa both posted strong numbers in the quarter that just ended, cryptocurrency regulation is poised to take a major...

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Mastercard: Click to Pay Transactions Surge 70% Over Last Year’s Levels
Mastercard: Click to Pay Transactions Surge 70% Over Last Year’s Levels
July 27, 2023  |  Mastercard

New payment flows and Click to Pay transactions surged for Mastercard in the second quarter of 2023 as consumers and businesses continued to turn to digital channels as their...

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Prosecutors Want Bankman-Fried Jailed but Drop FTX Campaign Finance Charges
Prosecutors Want Bankman-Fried Jailed but Drop FTX Campaign Finance Charges
July 27, 2023  |  Legal

The soap opera of Sam Bankman-Fried continues, and the latest developments show the script might be going off the rails. Federal prosecutors petitioned Wednesday (July...

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The Ripple Effect: What Proposed US Crypto Legislation Looks Like 
The Ripple Effect: What Proposed US Crypto Legislation Looks Like 
July 26, 2023  |  Cryptocurrency

The U.S. crypto crackdown started at the top, but the sector’s fractures were bottom-up.  Some of the digital asset industry’s biggest names, like Coinbase and...

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HFSC Chairman Says Bill Will Provide Digital Asset Regulatory Framework
HFSC Chairman Says Bill Will Provide Digital Asset Regulatory Framework
July 26, 2023  |  Regulation

A bill now in the U.S. House of Representatives would make it law that not all digital assets are securities. So said House Financial Services Committee (HFSC) Chairman Patrick McHenry in opening...

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Nigeria to Amend eNaira Model to Promote CBDC Use
Nigeria to Amend eNaira Model to Promote CBDC Use
July 26, 2023  |  CBDC

Nigeria’s central bank wants more citizens to use its digital currency. To that end, the bank’s acting governor, Folashodun Adebisi Shonubi, tweeted Wednesday (July 26) that the Central...

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Binance Retreats in Germany as Crypto Landscape Shifts ‘Significantly’
Binance Retreats in Germany as Crypto Landscape Shifts ‘Significantly’
July 26, 2023  |  Cryptocurrency

Cryptocurrency giant Binance has suspended its plans to seek a license in Germany. A company spokesperson told PYMNTS Wednesday (July 26) that Binance has “proactively withdrawn” its...

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Deloitte and Chainalysis Ally to Offer Digital Asset Data and Analytics Solutions
Deloitte and Chainalysis Ally to Offer Digital Asset Data and Analytics Solutions
July 25, 2023  |  Cryptocurrency

Deloitte, one of the “Big Four” accounting, consulting and professional service firms, and blockchain analytics firm Chainalysis have announced an alliance to provide digital asset data...

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