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

Former Federal Prosecutor: Crypto Regulation Bill ‘Still Pretty Vague’

Former Federal Prosecutor: Crypto Regulation Bill ‘Still Pretty Vague’
Former Federal Prosecutor: Crypto Regulation Bill ‘Still Pretty Vague’
August 08, 2022  |  Regulation

Former federal prosecutor Grant Fondo has said legislation that aims to provide clarity on which U.S. agency should be in charge of crypto regulation isn’t...

READ MORE >
Nepal Cautiously Explores CBDC
Nepal Cautiously Explores CBDC
August 08, 2022  |  CBDC

Step by step, Nepal is looking into issuing its own central bank digital currency (CBDC), a report from Beincrypto said Monday (Aug. 8), quoting a...

READ MORE >
Singapore-Based Crypto Lender Freezes Withdrawals as Stablecoin Contagion Grows
Singapore-Based Crypto Lender Freezes Withdrawals as Stablecoin Contagion Grows
August 08, 2022  |  Cryptocurrency

Yet another crypto lender announced that it has frozen withdrawals, leaving customers potentially facing steep losses. Get the Full Story Complete the form to unlock...

READ MORE >
Stake CEO: Japan Should Lower Crypto Tax
Stake CEO: Japan Should Lower Crypto Tax
August 08, 2022  |  Cryptocurrency

 Japan should lower corporate taxes on cryptocurrencies to retain its base of entrepreneurs, one of the country’s leading crypto business people said Monday (Aug. 8)....

READ MORE >
UAE Money Laundering Watchdog to Crack Down on Crypto, Real Estate Exploitation
UAE Money Laundering Watchdog to Crack Down on Crypto, Real Estate Exploitation
August 08, 2022  |  Cryptocurrency

As a key center of FinTech innovation, the United Arab Emirates (UAE) is home to a growing number of exchanges and platforms dealing in crypto...

READ MORE >
Crypto Compliance Officers Face Added Pressure
Crypto Compliance Officers Face Added Pressure
August 08, 2022  |  Cryptocurrency

Increasing focus on the cryptocurrency industry has placed new pressure on crypto compliance officers and legal professionals, who worry regulators will hold them personally responsible...

READ MORE >
Ethereum 2.0 May Be Greener, but Is It Scalable Enough for Payments?
Ethereum 2.0 May Be Greener, but Is It Scalable Enough for Payments?
August 08, 2022  |  Blockchain

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

READ MORE >
Economist: Tougher Regulation Needed While Stablecoins Make Their Case for Innovation
Economist: Tougher Regulation Needed While Stablecoins Make Their Case for Innovation
August 08, 2022  |  Cryptocurrency

Stablecoins may be able to help crypto’s hot potato problem, but they aren’t going to stop investors from getting burned. Get the Full Story Complete...

READ MORE >
Regulators Fail to Rein In Risk of Shadow Banking, Former BoE Official Says
Regulators Fail to Rein In Risk of Shadow Banking, Former BoE Official Says
August 07, 2022  |  Bank Regulation

U.K. financial regulators haven’t tackled risks adequately, ex-Bank of England governor Paul Tucker says, and now they should construct a “comprehensive” new policy. Get the...

READ MORE >