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

Crypto’s ‘Future Is on the Right Path,’ Says Singapore FinTech Regulator

Crypto’s ‘Future Is on the Right Path,’ Says Singapore FinTech Regulator
Crypto’s ‘Future Is on the Right Path,’ Says Singapore FinTech Regulator
June 26, 2022  |  Cryptocurrency

Sopnendu Mohanty, chief FinTech officer with Singapore’s regulator, is praising the leadership of some big crypto firms — saying several leaders like Binance and Crypto.com...

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Report: Goldman Sachs Seeks $2B to Buy Celsius Assets
Report: Goldman Sachs Seeks $2B to Buy Celsius Assets
June 26, 2022  |  Cryptocurrency

Goldman Sachs is trying to raise $2 billion toward buying the assets of Celsius Network, a distressed crypto lender struggling amid the turmoil in the...

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El Salvador Weekly: Bitcoin Remittances Aren’t Happening; Veterinary Clinic’s Running on Loans
El Salvador Weekly: Bitcoin Remittances Aren’t Happening; Veterinary Clinic’s Running on Loans
June 24, 2022  |  Cryptocurrency

The government-issued Chivo digital wallet was supposed to be a way to encourage Salvadorans to adopt bitcoin after the government of President Nayib Bukele made...

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US Comptroller Takes a Victory Lap on Crypto
US Comptroller Takes a Victory Lap on Crypto
June 24, 2022  |  Cryptocurrency

It wasn’t exactly an “I told you so,” but Comptroller of the Currency Michael Hsu didn’t mince words either when discussing crypto’s place in the...

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Bottomed Out or Still Running? Weekend May Seal Bitcoin’s Fate
Bottomed Out or Still Running? Weekend May Seal Bitcoin’s Fate
June 24, 2022  |  Cryptocurrency

Bitcoin’s been on a roller coaster this week, bouncing above and below $20,000, a price that is a line in the sand for the first...

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Celsius Hires Restructuring Experts Ahead of Possible Bankruptcy
Celsius Hires Restructuring Experts Ahead of Possible Bankruptcy
June 24, 2022  |  Cryptocurrency

Embattled cryptocurrency lender Celsius Network has hired restructuring consultants as it prepares for a possible bankruptcy. Get the Full Story Complete the form to unlock...

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Crypto Exchange FTX Looking to Add BlockFi Stake to Portfolio
Crypto Exchange FTX Looking to Add BlockFi Stake to Portfolio
June 24, 2022  |  Cryptocurrency

Cryptocurrency exchange FTX is in talks to acquire a stake in crypto lender BlockFi after giving it a $250 million credit line this week, people...

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85% of Big Retailers Accept Cryptocurrency as a Form of Payment
85% of Big Retailers Accept Cryptocurrency as a Form of Payment
June 24, 2022  |  Cryptocurrency

Merchants and consumers have had enough experience with cryptocurrencies that they understand the advantages they offer as a payment method. Get the Full Story Complete...

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The $100M Hack and Crypto’s Cross-Chain Payments Problem
The $100M Hack and Crypto’s Cross-Chain Payments Problem
June 24, 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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