Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

UK FCA OKs Future Fintech’s Purchase of London Money Transfer Firm

UK FCA OKs Future Fintech’s Purchase of London Money Transfer Firm
UK FCA OKs Future Fintech’s Purchase of London Money Transfer Firm
August 19, 2022  |  Acquisitions

The U.K. subsidiary of blockchain app tech developer Future FinTech Group (FTFT) has gotten permission from the Financial Conduct Authority (FCA) to acquire money transfer firm Khyber Money...

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Mercado Libre’s New Crypto Raises More Questions Than Answers
Mercado Libre’s New Crypto Raises More Questions Than Answers
August 19, 2022  |  Cryptocurrency

The Mercado Coin announced Thursday (Aug. 18) by Latin American eCommerce giant Mercado Libre may be a digital currency issued on the Ethereum blockchain, but...

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PYMNTS Intelligence: How Credit Unions Can Meet Member Needs With Cryptocurrency Services
PYMNTS Intelligence: How Credit Unions Can Meet Member Needs With Cryptocurrency Services
August 19, 2022  |  Credit Unions

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Today in Crypto: MercadoLibre Launches Cryptocurrency in Brazil, Tether Changes Up Auditors
Today in Crypto: MercadoLibre Launches Cryptocurrency in Brazil, Tether Changes Up Auditors
August 18, 2022  |  Cryptocurrency

Tether has begun working with BDO Italia, the Italian member firm of the BDO global organization, to bolster its transparency, a press release said. Get...

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Nigeria Aims for 8M eNaira Users as Crypto Adoption Grows
Nigeria Aims for 8M eNaira Users as Crypto Adoption Grows
August 18, 2022  |  Cryptocurrency

Since launching its digital currency last October, Nigeria has seen 840,000 people use the eNaira, and the country is now looking to get that number...

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EMEA Daily: AI Firm G42 Launches $10B Technology Fund; VertoFX Acquires Innovation Studio Locusnine
EMEA Daily: AI Firm G42 Launches $10B Technology Fund; VertoFX Acquires Innovation Studio Locusnine
August 18, 2022  |  International

Today in Europe, the Middle East and Africa (EMEA) news, G42 has partnered with the Abu Dhabi Growth Fund (ADG) to launch a $10 billion...

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MercadoLibre Launches Cryptocurrency in Brazil
MercadoLibre Launches Cryptocurrency in Brazil
August 18, 2022  |  Cryptocurrency

Latin American eCommerce giant MercadoLibre has launched a cryptocurrency known as MercadoCoin, which it will roll out in Brazil in connection with its loyalty program....

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DeFi Platforms Tighten AML to Court Institutional Investors
DeFi Platforms Tighten AML to Court Institutional Investors
August 18, 2022  |  Cryptocurrency

Despite its potentially huge returns, institutional investors have steered clear of decentralized finance. Get the Full Story Complete the form to unlock this article and...

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Ripple, Brazil’s Travelex Bank Add Crypto-Based X-Border Payments
Ripple, Brazil’s Travelex Bank Add Crypto-Based X-Border Payments
August 18, 2022  |  Cryptocurrency

Aiming to use cryptocurrency to enable cheaper, faster cross-border payments, enterprise blockchain and crypto solution provider Ripple has teamed up with Travelex Bank to launch...

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