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

Today in Crypto: EU Eyes Capping Banks’ Crypto Holdings; Bitcoin Miner Stronghold Restructures; JPMorgan Analyst: Coinbase to Benefit From Ethereum Merge

Today in Crypto: EU Eyes Capping Banks’ Crypto Holdings; Bitcoin Miner Stronghold Restructures; JPMorgan Analyst: Coinbase to Benefit From Ethereum Merge
Today in Crypto: EU Eyes Capping Banks’ Crypto Holdings; Bitcoin Miner Stronghold Restructures; JPMorgan Analyst:...
August 17, 2022  |  Cryptocurrency

EU banks exposed to cryptocurrencies could see caps and big capital requirements from a new financial services law as lawmakers look to curb risk from...

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PYMNTS Cryptocurrency Glossary: The Metaverse
PYMNTS Cryptocurrency Glossary: The Metaverse
August 17, 2022  |  Cryptocurrency

Cryptocurrency is a confusing business with a language all its own, in part because it is a genuinely new way of doing business and also...

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Colombia Eyes CBDC to Ease Transactions, Stop Tax Evasion
Colombia Eyes CBDC to Ease Transactions, Stop Tax Evasion
August 17, 2022  |  CBDC

Aiming to make transactions easier for consumers and to put an end to tax evasion, Colombia is reportedly considering introducing a central bank digital currency...

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Academic Study Finds Signs of Insider Trading at Crypto Exchange Coinbase Global
Academic Study Finds Signs of Insider Trading at Crypto Exchange Coinbase Global
August 17, 2022  |  Security & Fraud

A new study by three academics has found that insider trading at cryptocurrency exchange Coinbase Global may be more widespread than a case being pursued...

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FinTech Qenta Acquires Crypto Company Noble Money
FinTech Qenta Acquires Crypto Company Noble Money
August 17, 2022  |  Acquisitions

Financial insurance platform Qenta has acquired digital currency company Noble Money, Inc. for an undisclosed amount, the FinTech said in a news release Wednesday (Aug....

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UK Cross-Industry Consortium to Focus on Future of Digital Currencies
UK Cross-Industry Consortium to Focus on Future of Digital Currencies
August 17, 2022  |  Digital Payments

A new cross-industry group called the Digital Financial Market Infrastructure (DFMI) Consortium has launched in the U.K. to focus on consulting and experimenting with alternative...

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Genesis Cuts Staff 20% Staff as CEO Michael Moro Exits, COO Named Interim Exec
Genesis Cuts Staff 20% Staff as CEO Michael Moro Exits, COO Named Interim Exec
August 17, 2022  |  Cryptocurrency

In a workforce and leadership shakeup, crypto brokerage Genesis is cutting 20% of its staff as CEO Michael Moro stepped down and Chief Operating Officer...

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Toomey: FDIC ‘Improperly’ Restricting Crypto Trading Amid Broader U.S. Crackdown
Toomey: FDIC ‘Improperly’ Restricting Crypto Trading Amid Broader U.S. Crackdown
August 17, 2022  |  Cryptocurrency

A clash may be coming between congressional Republicans and federal banking regulators over the treatment of cryptocurrency businesses. Get the Full Story Complete the form...

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CUs’ Sitting on Valuable Crypto Asset — the Ability to Educate
CUs’ Sitting on Valuable Crypto Asset — the Ability to Educate
August 17, 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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