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

37% of Firms Use Blockchain, Crypto for Cross-Border Payments
37% of Firms Use Blockchain, Crypto for Cross-Border Payments
July 13, 2022  |  B2B Payments

With rare exceptions, even slow cryptocurrency transactions are faster than many other payment methods. Most blockchain transactions are completed in minutes, rather than hours or...

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UK Parliament Launches Inquiry Into Crypto
UK Parliament Launches Inquiry Into Crypto
July 13, 2022  |  Cryptocurrency

The U.K. Parliament’s Treasury Committee is conducting an inquiry into the role cryptocurrencies play in the United Kingdom, and is asking the public for input....

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Global Regulators Call for Interoperable Stablecoins, CBDCs
Global Regulators Call for Interoperable Stablecoins, CBDCs
July 13, 2022  |  Regulation

The Bank for International Settlements (BIS) and the International Organization of Securities Commissions (IOSCO) published on Wednesday (July 13) their guidance on the application of...

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Digital Dollar May Prevent Runs, but Banks Fear Lost Profits
Digital Dollar May Prevent Runs, but Banks Fear Lost Profits
July 13, 2022  |  CBDC

A new Treasury Department report argues that banks’ fears that a digital dollar would lead to the loss of depositors and even bank runs is...

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Revolut Lets Some Customers Earn Rewards, Learn About Crypto
Revolut Lets Some Customers Earn Rewards, Learn About Crypto
July 12, 2022  |  Cryptocurrency

Revolut’s Crypto Learn & Earn program will allow users to learn about rewards and how to work with the assets, a company blog said Tuesday...

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Binance CEO, Lightning Rod for Controversy, Launches Bitcoin Price War
Binance CEO, Lightning Rod for Controversy, Launches Bitcoin Price War
July 12, 2022  |  Cryptocurrency

On July 8, Changpeng “CZ” Zhao, founder and CEO the world’s largest cryptocurrency exchange, Binance, launched what is likely to become an all-out price war...

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Crypto’s Decline Drags Down Venture Capital Funding
Crypto’s Decline Drags Down Venture Capital Funding
July 12, 2022  |  Cryptocurrency

New data has shown that funding for private crypto companies is down, with startups feeling the effect of the economic factors souring digital currencies, public...

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The Token Economy: The Promise of Faster, Cheaper Cross-Border Payments
The Token Economy: The Promise of Faster, Cheaper Cross-Border Payments
July 12, 2022  |  Cryptocurrency

When boosters of cryptocurrency talk about the ways it can turn traditional finance into obsolete finance, cross-border payments are inevitably the first thing they mention....

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Multicoin Capital Announces $430M Fund for Crypto Ventures
Multicoin Capital Announces $430M Fund for Crypto Ventures
July 12, 2022  |  Cryptocurrency

Multicoin Capital has a new venture fund, totaling $430 million for investing in crypto opportunities, a company press release said Tuesday (July 12). Get the...

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