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

Revolut Wins Crypto Approval Across Europe

Revolut Wins Crypto Approval Across Europe
Revolut Wins Crypto Approval Across Europe
August 15, 2022  |  Cryptocurrency

Revolut, a digital bank based in London, has won approval from regulators in Cyprus to offer cryptocurrency-related trading services, a move that will let Revolut...

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Small Banks See Fortunes Rise and Fall With Crypto
Small Banks See Fortunes Rise and Fall With Crypto
August 15, 2022  |  Cryptocurrency

Small banks were happy to land cryptocurrency-related businesses as clients when the industry was booming. Now that crypto prices have plunged, those banks are on...

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CBDC Weekly: Bipartisan Push to Speed Up Fed’s Digital Dollar Study
CBDC Weekly: Bipartisan Push to Speed Up Fed’s Digital Dollar Study
August 15, 2022  |  Cryptocurrency

A bipartisan group of members of Congress is pushing for faster action on a digital dollar. Get the Full Story Complete the form to unlock...

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Crypto Mining Firm Prime Blockchain Cancels $1.2B SPAC
Crypto Mining Firm Prime Blockchain Cancels $1.2B SPAC
August 15, 2022  |  Cryptocurrency

Blank-check company 10X Capital Venture Acquisition Corp and crypto mining outfit Prime Blockchain have called off their planned $1.2 billion merger, yet another sign of...

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PYMNTS Cryptocurrency Glossary: Central Bank Digital Currency
PYMNTS Cryptocurrency Glossary: Central Bank Digital Currency
August 15, 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 in...

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Another Hack, Another Collapse as Stablecoin Woes Follow Familiar Pattern
Another Hack, Another Collapse as Stablecoin Woes Follow Familiar Pattern
August 15, 2022  |  Cryptocurrency

Another unbacked stablecoin collapsed this weekend, this time after a hacker was able to mint a staggering $1.28 billion worth of the dollar-pegged token. Get...

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El Salvador Weekly: Four Questions for President Bukele on ‘Doubt’ Surrounding Bitcoin
El Salvador Weekly: Four Questions for President Bukele on ‘Doubt’ Surrounding Bitcoin
August 15, 2022  |  Cryptocurrency

Salvadoran President Nayib Bukele added his voice to the bragging ministers after the United Nations World Tourism Organization’s (WTO) Aug. 1 World Tourism Barometer report...

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Savvy Retailers Demand Sophisticated Answers to Evolving Crypto Questions
Savvy Retailers Demand Sophisticated Answers to Evolving Crypto Questions
August 15, 2022  |  Cryptocurrency

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...

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Voyager Investors Sue Mark Cuban Over Alleged ‘Ponzi Scheme’ Promotion
Voyager Investors Sue Mark Cuban Over Alleged ‘Ponzi Scheme’ Promotion
August 14, 2022  |  Legal

Billionaire Mark Cuban is being sued over allegations that he misled investors to put money into now-bankrupt crypto lender Voyager Digital, a class-action lawsuit filed...

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