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)

Ripple Pulls Out of Fortress Trust Acquisition
Ripple Pulls Out of Fortress Trust Acquisition
September 29, 2023  |  Acquisitions

Cryptocurrency company Ripple is not moving ahead with its previously announced plans to acquire custodian Fortress Trust. “A few weeks ago, we signed a letter of...

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Coinbase CEO Criticizes Chase UK Ban on Crypto Transactions
Coinbase CEO Criticizes Chase UK Ban on Crypto Transactions
September 29, 2023  |  Cryptocurrency

Coinbase CEO Brian Armstrong has reportedly criticized J.P. Morgan Chase’s decision to block crypto-related transactions in its U.K. digital banking subsidiary, Chase UK. Armstrong said that private companies should not...

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Bankman-Fried Trades Cargo Shorts for Trousers as Trial Looms
Bankman-Fried Trades Cargo Shorts for Trousers as Trial Looms
September 29, 2023  |  Legal

The biggest white collar trial of the past 15 years starts next Tuesday (Oct. 3). And the defendant, Sam Bankman-Fried — the famously frumpled co-founder...

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Ripple Says the Global Economy Needs a Global Payment Scheme
Ripple Says the Global Economy Needs a Global Payment Scheme
September 29, 2023  |  Cross Border Commerce

Transforming the world takes time, even when innovations aim at just one part of it. That, at least on the surface, appears to be the...

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The US Has Passed Zero Crypto Legislation Since FTX Collapsed
The US Has Passed Zero Crypto Legislation Since FTX Collapsed
September 28, 2023  |  Cryptocurrency

In terms of the cryptocurrency industry, the U.S. legislative landscape has been remarkedly static. In the almost 11 months since the former face of crypto,...

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BIS and Central Banks Complete Test of Cross-Border Trading of CBDCs
BIS and Central Banks Complete Test of Cross-Border Trading of CBDCs
September 28, 2023  |  CBDC

The Bank for International Settlements (BIS) and three central banks concluded a central bank digital currency (CBDC) project. Project Mariana was developed by three BIS...

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PYMNTS Intelligence: How CUs Can Meet Members’ Cryptocurrency Expectations
PYMNTS Intelligence: How CUs Can Meet Members’ Cryptocurrency Expectations
September 28, 2023  |  Credit Unions

Cryptocurrencies have become a popular choice for consumers either seeking a novel, fast-moving and potentially lucrative investment opportunity or exploring alternative payment methods to fiat...

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Binance Exits Russia With Sale to Fledgling Crypto Firm CommEX
Binance Exits Russia With Sale to Fledgling Crypto Firm CommEX
September 27, 2023  |  Cryptocurrency

Binance says it will exit the Russian cryptocurrency market as part of its compliance strategy. The world’s largest crypto company announced Wednesday (Sept. 27) that it had agreed...

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Are Credit Unions Ready for Cryptocurrency?
Are Credit Unions Ready for Cryptocurrency?
September 27, 2023  |  Credit Unions

Few technologies have sparked more interest and controversy in recent years than cryptocurrency. The worldwide market capitalization of the digital currency hit more than $1...

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