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

FTX Passed on Celsius After Seeing Balance Sheet
FTX Passed on Celsius After Seeing Balance Sheet
June 30, 2022  |  Cryptocurrency

Cryptocurrency exchange operator FTX was contemplating a deal to bail out troubled Celsius but ultimately walked away because the crypto lender’s balance sheet added up...

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Is Play-to-Earn Killing Blockchain Gaming?
Is Play-to-Earn Killing Blockchain Gaming?
June 30, 2022  |  Blockchain

If you look at where investors are putting their money, blockchain games are the Next Big Thing in the crypto world. In the second quarter...

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Basel Committee Hands Down Crypto Guidance for Banks
Basel Committee Hands Down Crypto Guidance for Banks
June 30, 2022  |  Cryptocurrency

Banks should be more cautious when setting aside capital to cover risks from unbacked cryptocurrency assets, the Bank of International Settlements’ (BIS’) Basel Committee said...

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Today in TechREG: EU Agrees on Strong AML Rules for Crypto Transactions; CFPB Warns Debt Collectors About Fees
Today in TechREG: EU Agrees on Strong AML Rules for Crypto Transactions; CFPB Warns Debt...
June 30, 2022  |  Regulation

Today in TechREG, European Union negotiators have reached an agreement about the scope of anti-money laundering (AML) rules for cryptocurrency transactions. While most of the...

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Coinbase Furthers European Expansion Following US Layoffs
Coinbase Furthers European Expansion Following US Layoffs
June 30, 2022  |  Cryptocurrency

Already active in the U.K., Ireland, and Germany, cryptocurrency exchange Coinbase is seeking additional licenses across Europe in an international expansion move that follows layoffs...

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Despite Risks, Crypto-Backed Mortgages, Loans Gaining Traction
Despite Risks, Crypto-Backed Mortgages, Loans Gaining Traction
June 30, 2022  |  Cryptocurrency

There’s been talk about people buying real estate with cryptocurrency for some time, but a new report from banking giant Citi finds that crypto-backed mortgages...

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China’s Tech Industry to Curb Secondary NFT Trading
China’s Tech Industry to Curb Secondary NFT Trading
June 30, 2022  |  NFTs

Dozens of Chinese tech companies have pledged to stop the secondary trading of non-fungible tokens (NFTs). Get the Full Story Complete the form to unlock...

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ConnectOne Bank on How Blockchain Tokens Are Revolutionizing Transactions
ConnectOne Bank on How Blockchain Tokens Are Revolutionizing Transactions
June 30, 2022  |  Blockchain

In the "Blockchain Payments Tracker," ConnectOne Chairman and CEO Frank Sorrentino tells PYMNTS that blockchain is about more than processing cryptocurrency, saying it can redefine...

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EU Agrees on Strong AML Checks for Crypto With an Exemption for Unhosted Wallets 
EU Agrees on Strong AML Checks for Crypto With an Exemption for Unhosted Wallets 
June 30, 2022  |  Cryptocurrency

EU policymakers agreed on new anti-money laundering (AML) rules for crypto transactions on Wednesday, June 29. The agreement contemplates that for transactions between digital wallet...

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