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

Some Central Bankers Signal Support for Private Sector Digital Currencies Over CBDCs

Some Central Bankers Signal Support for Private Sector Digital Currencies Over CBDCs
Some Central Bankers Signal Support for Private Sector Digital Currencies Over CBDCs
July 26, 2022  |  CBDC

Conventional wisdom holds that, as digital currencies continue to evolve and as bitcoin and its brethren joust with the traditional banking system, central banks would...

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Why a Senate Bill’s $50 Tax Exemption Won’t Boost Crypto Spending
Why a Senate Bill’s $50 Tax Exemption Won’t Boost Crypto Spending
July 26, 2022  |  Cryptocurrency

A pair of U.S. senators have introduced a bipartisan bill to exempt low-value cryptocurrency transactions from capital gains tax reporting requirements. Get the Full Story...

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Ripple Partners With FOMO Pay to Improve Treasury Management
Ripple Partners With FOMO Pay to Improve Treasury Management
July 26, 2022  |  Partnerships

Singapore-based payment solution provider FOMO Pay has teamed up with Ripple to use the company’s cryptocurrency-powered technology to improve cross-border treasury flows, according to a...

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SEC Turns Up the Heat on Coinbase
SEC Turns Up the Heat on Coinbase
July 26, 2022  |  Cryptocurrency

Less than a week after the U.S. Department of Justice (DOJ) hit a former Coinbase manager and two associates with insider trading charges, the U.S....

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Titanium Blockchain CEO Pleads Guilty in $21M Crypto Fraud Case
Titanium Blockchain CEO Pleads Guilty in $21M Crypto Fraud Case
July 25, 2022  |  Legal

Titanium Blockchain Infrastructure’s (TBIS) CEO, Michael Alan Stollery, pleaded guilty Friday (July 22) for his role in a crypto fraud scheme in which he used...

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CBDC Weekly: Is the US Behind on a Digital Dollar?
CBDC Weekly: Is the US Behind on a Digital Dollar?
July 25, 2022  |  CBDC

About 50 countries are in the development, pilot or launch phase of a central bank digital currency (CBDC), according to Josh Lipsky, senior director at...

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Today in Crypto: Bitcoin Dips 3.5% Ahead of Expected Fed Rate Hike; Mexican Exchange Bitso Hits 1M Users
Today in Crypto: Bitcoin Dips 3.5% Ahead of Expected Fed Rate Hike; Mexican Exchange Bitso...
July 25, 2022  |  Cryptocurrency

Despite the Chicago Board of Options Exchange’s volatility index showing a lack of investor anxiety ahead of the Federal Reserve rate increase, bitcoin was down...

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Algorand Adviser Says Digital Dollar Could Be Lifeline, Not a Threat to Banks
Algorand Adviser Says Digital Dollar Could Be Lifeline, Not a Threat to Banks
July 25, 2022  |  CBDC

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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CFTC Introduces Office of Technology Innovation as Crypto Regulation Develops
CFTC Introduces Office of Technology Innovation as Crypto Regulation Develops
July 25, 2022  |  Regulation

The Commodity Futures Trading Commission (CFTC), which is one of the top U.S. crypto regulators, is bolstering its regulatory power with the new Office of...

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