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

Brazilian Bank Itaú to Debut Asset Tokenization Platform, Crypto Custody Services
Brazilian Bank Itaú to Debut Asset Tokenization Platform, Crypto Custody Services
July 14, 2022  |  Cryptocurrency

The largest private bank in Brazil, Itaú Unibanco, has announced plans to roll out a new asset tokenization platform, which will turn regular finance products...

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Gensler Says SEC Can ‘Exempt’ Crypto Firms From Disclosures — If They Register
Gensler Says SEC Can ‘Exempt’ Crypto Firms From Disclosures — If They Register
July 14, 2022  |  Cryptocurrency

Securities and Exchange Commission (SEC) Chairman Gary Gensler did not, in fact, offer to exempt cryptocurrency exchanges, lenders and broker dealers from securities laws. Get...

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Stablecoin Collapse Sent Voyager Digital and Celsius on Different Paths to Bankruptcy
Stablecoin Collapse Sent Voyager Digital and Celsius on Different Paths to Bankruptcy
July 14, 2022  |  Cryptocurrency

When Celsius Network became the second crypto lender to enter bankruptcy Wednesday (July 13) it looked from the surface like the last of the big...

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Plaid Adds Support for Digital Asset Exchanges
Plaid Adds Support for Digital Asset Exchanges
July 14, 2022  |  Digital Banking

Payment processing firm Plaid is now supporting digital asset exchanges and investment platforms to meet the growing number of people using cryptocurrencies. Get the Full...

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Today in TechREG: California Regulator Probes Crypto Lenders; UK Parliament Wants Visa, Mastercard to Explain Swipe Fees Hike
Today in TechREG: California Regulator Probes Crypto Lenders; UK Parliament Wants Visa, Mastercard to Explain...
July 14, 2022  |  Regulation

Today in TechREG, the U.K. Parliament sent letters to Visa and Mastercard demanding an explanation for the increase on cross-border fees after the U.K. left...

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Ape Now, Pay Later: DeFi Lender Brings BNPL to NFTs as Crypto Lending Market Crumbles
Ape Now, Pay Later: DeFi Lender Brings BNPL to NFTs as Crypto Lending Market Crumbles
July 14, 2022  |  Cryptocurrency

The NFT market is flatlining, the DeFi lending market has seen some big bankruptcies, and bitcoin has been dipping under $20,000 regularly for a month....

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NFTs Are Now a Legal Way to Serve Documents in UK Courts 
NFTs Are Now a Legal Way to Serve Documents in UK Courts 
July 14, 2022  |  Legal

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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Crypto Lender Celsius Files for Chapter 11 Bankruptcy
Crypto Lender Celsius Files for Chapter 11 Bankruptcy
July 13, 2022  |  Cryptocurrency

Celsius Network, the embattled crypto lender, filed for Chapter 11 bankruptcy Wednesday (July 13) a month after it had frozen customer accounts, according to the...

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California Regulator Probes Crypto Lenders Over Withdrawal Suspensions
California Regulator Probes Crypto Lenders Over Withdrawal Suspensions
July 13, 2022  |  Cryptocurrency

The California Department of Financial Protection and Innovation (DFPI), which looks into operations of state-licensed financial institutions, will be investigating whether crypto-asset companies that suspended...

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