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

OCC Chief Michael J. Hsu Says Regulators Must Monitor 3 Risks of Crypto

OCC Chief Michael J. Hsu Says Regulators Must Monitor 3 Risks of Crypto
OCC Chief Michael J. Hsu Says Regulators Must Monitor 3 Risks of Crypto
October 11, 2022  |  Cryptocurrency

Months of turbulence in the cryptocurrency industry have made it clear that financial regulators must be cautious about how they allow crypto and the traditional...

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BNY Mellon Leads Big Banks Into Crypto Custody
BNY Mellon Leads Big Banks Into Crypto Custody
October 11, 2022  |  Cryptocurrency

Bank of New York Mellon announced that it is offering cryptocurrency custody services for clients, bringing digital assets into the fold alongside the trillions of...

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Payments Platform Wirex Launches USDC on Stellar
Payments Platform Wirex Launches USDC on Stellar
October 11, 2022  |  Cryptocurrency

Payments platform Wirex now supports the USD Coin (USDC) on the Stellar blockchain within the Wirex app and lets users save or spend USDC in real life....

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Google Cloud, Coinbase Team to Serve Web3 Developers
Google Cloud, Coinbase Team to Serve Web3 Developers
October 11, 2022  |  Partnerships

Google Cloud and cryptocurrency exchange Coinbase have formed a long-term partnership that aims to better serve Web3 developers. Get the Full Story Complete the form...

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Youth-Focused Finance Platform Step Raises $300M
Youth-Focused Finance Platform Step Raises $300M
October 11, 2022  |  Investments

Step, a financial platform aimed at teens and young adults, has raised $300 million in debt funding, bringing the company’s total raised capital to $500...

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Today in Crypto: MobileCoin Debuts Data-Protecting Stablecoin; Blockchain Hackers ‘Could Have Gotten More,’ Binance Exec Says
Today in Crypto: MobileCoin Debuts Data-Protecting Stablecoin; Blockchain Hackers ‘Could Have Gotten More,’ Binance Exec...
October 10, 2022  |  Cryptocurrency

Cryptocurrency and payment firm MobileCoin has teamed up with stablecoin platform Reserve to make a new stablecoin called Electronic Dollars (eUSD), which will focus on...

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Platforms Turn To Swiss Crypto Banks To Bridge Digital, Traditional Assets
Platforms Turn To Swiss Crypto Banks To Bridge Digital, Traditional Assets
October 10, 2022  |  Cryptocurrency

With a collateral pool of digital assets worth about $10.5 billion, MakerDAO, the Decentralized Autonomous Organization (DAO) that administers the DAI cryptocurrency, has become an...

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Study of Digital Dollar Beneficial Even if CBDCs Never Happen: Cleveland Fed Head
Study of Digital Dollar Beneficial Even if CBDCs Never Happen: Cleveland Fed Head
October 10, 2022  |  Cryptocurrency

Cleveland Federal Reserve President Loretta Mester said that even if the U.S. does not issue a central bank digital currency (CBDC), the Fed’s study of...

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