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

US Treasury Sets out International Cooperation Plan to Rein in Digital Assets
US Treasury Sets out International Cooperation Plan to Rein in Digital Assets
July 08, 2022  |  Regulation

The Secretary of the Treasury on Thursday (July 7) delivered to President Biden a report suggesting that more engagement with foreign counterparts and in international...

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Rolex Dealer Says Luxury Watch Shortage Is Spreading
Rolex Dealer Says Luxury Watch Shortage Is Spreading
July 08, 2022  |  Retail

Not only are consumers being scared off from buying luxury watches as the cryptocurrency market continues to crater, but it’s becoming harder to find those...

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Voyager Bankruptcy Cracks Crypto Diehards
Voyager Bankruptcy Cracks Crypto Diehards
July 07, 2022  |  Cryptocurrency

Crypto investors’ confidence is taking a hit lately with the collapse of Voyager Digital, Bloomberg wrote Thursday (July 7). Get the Full Story Complete the...

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Today in Crypto: Shiba Inu Plans Stablecoin, Reward Token, Card Game; Bitso Launches Crypto Remittance in Colombia
Today in Crypto: Shiba Inu Plans Stablecoin, Reward Token, Card Game; Bitso Launches Crypto Remittance...
July 07, 2022  |  Cryptocurrency

A developer behind SHIB, a popular meme crypto, has teased plans to boost the Shiba Inu ecosystem with a new decentralized stablecoin, CoinDesk reported Wednesday...

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FDIC Probes Voyager Digital Over Account Insurance Claims
FDIC Probes Voyager Digital Over Account Insurance Claims
July 07, 2022  |  Cryptocurrency

Voyager Digital marketed its deposit accounts for crypto purchases as safe, but customers might not be afforded the protection they thought because their assets weren’t...

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The Token Economy: Can Micropayments Be More than Microsuccessful?
The Token Economy: Can Micropayments Be More than Microsuccessful?
July 07, 2022  |  Cryptocurrency

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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Today in FinTech: Korea Gets Crypto Bank; MAS Grants MPI; B2B BNPL in Africa
Today in FinTech: Korea Gets Crypto Bank; MAS Grants MPI; B2B BNPL in Africa
July 07, 2022  |  Fintech Investments

In today’s FinTech news, Korea gets its first crypto bank while Singapore awards a major payment institution license. Plus, B2B buy now, pay later (BNPL)...

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Crypto Fundamentals: How Do Exchanges Make Money?
Crypto Fundamentals: How Do Exchanges Make Money?
July 07, 2022  |  Cryptocurrency

Welcome to the first in PYMNTS’ series on the fundamentals of the crypto industry. In it, we’ll be looking at how the market works and...

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FTX’s Bankman-Fried Minted Massive Crypto Fortune by Taking (Relatively) Long View
FTX’s Bankman-Fried Minted Massive Crypto Fortune by Taking (Relatively) Long View
July 07, 2022  |  Cryptocurrency

Sam Bankman-Fried became one of the richest names in crypto by building a better mousetrap: a stable and customer-focused exchange that grew primarily by word...

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