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

FedNow’s Progress on Instant Payments May Weaken Case for Digital Dollar

FedNow’s Progress on Instant Payments May Weaken Case for Digital Dollar
FedNow’s Progress on Instant Payments May Weaken Case for Digital Dollar
March 09, 2022  |  Faster Payments

Deciding whether to create a digital dollar was a key part of an executive order President Joe Biden announced Wednesday morning (March 9) to create...

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Singapore FinTech Cake DeFi Will Invest in Web3, NFTs with $100M VC Arm
Singapore FinTech Cake DeFi Will Invest in Web3, NFTs with $100M VC Arm
March 09, 2022  |  NFTs

Singapore-based cryptocurrency FinTech platform Cake DeFi on Wednesday (March 9) launched a $100 million venture capital investment arm — Cake DeFi Ventures — that will...

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Digital Dollar Looms, But so Do Questions Over Necessity
Digital Dollar Looms, But so Do Questions Over Necessity
March 09, 2022  |  CBDC

It seems the digital dollar may be on the way — the jury’s out, though, as to whether we might really need a central bank...

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Biden’s Executive Order Set to Fast-Track Crypto Policy
Biden’s Executive Order Set to Fast-Track Crypto Policy
March 09, 2022  |  Cryptocurrency

Saying the “rise in digital assets creates an opportunity to reinforce American leadership in the global financial system and at the technological frontier,” President Joe...

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Yellen: Biden’s Crypto Executive Order Strikes Innovation-Risk Balance 
Yellen: Biden’s Crypto Executive Order Strikes Innovation-Risk Balance 
March 09, 2022  |  Cryptocurrency

President Joe Biden’s executive order on cryptocurrencies addresses the balance between innovation and risk while also collaborating with other U.S. agencies and their policies, Treasury...

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Today in Crypto: Russian Investors Continue Crypto Trading; Bain Capital Debuts $560M Crypto Fund
Today in Crypto: Russian Investors Continue Crypto Trading; Bain Capital Debuts $560M Crypto Fund
March 08, 2022  |  Cryptocurrency

Russian investors will likely be conducting transactions in bitcoin and other cryptocurrencies in spite of sanctions, Bloomberg reported Tuesday (March 8). Get the Full Story...

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If DeFi Is Really Decentralized, Why Did a Top Developer Quitting Crash Dozens of Tokens?
If DeFi Is Really Decentralized, Why Did a Top Developer Quitting Crash Dozens of Tokens?
March 08, 2022  |  Blockchain

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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Visa CEO Unsure of Crypto’s Role in US, Canada
Visa CEO Unsure of Crypto’s Role in US, Canada
March 08, 2022  |  Cryptocurrency

Visa will continue building out its cryptocurrency platform, though the company’s CEO Al Kelly has reservations about the wider crypto sector, CoinDesk reported Tuesday (March...

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Binance’s Plan to Build Crypto-to-Fiat Payments Rail Meets Regulatory Resistance
Binance’s Plan to Build Crypto-to-Fiat Payments Rail Meets Regulatory Resistance
March 08, 2022  |  Regulation

The road to payments processing is littered with potholes, and it appears Binance, the world’s top cryptocurrency exchange, drove into one Monday (March 7). Get...

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