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

In Buying Diem’s Stablecoin, Silvergate Bank Makes Itself a Contender
In Buying Diem’s Stablecoin, Silvergate Bank Makes Itself a Contender
February 02, 2022  |  Cryptocurrency

With its decision this week to spend $200 million to buy the assets of the Diem Association’s largely launch-ready stablecoin, Silvergate Bank has the potential...

READ MORE >
South Africa Urges Caution on Crypto Exchange FTX
South Africa Urges Caution on Crypto Exchange FTX
February 02, 2022  |  Cryptocurrency

South Africa’s Financial Sector Conduct Authority (FSCA) is warning cryptocurrency traders to be “cautious and vigilant” when using FTX Trading Ltd., which is among the...

READ MORE >
Today in Crypto: Intuit CEO to Traders: Beware of Bitcoin, NFT Tax Bill; Bitcoin Broker NYDIG Debuts Service to Pay Workers in Bitcoin; Crypto.com US App Users Can Get Early Direct Deposit; Amber Group Acquires Japanese Exchange DeCurret
Today in Crypto: Intuit CEO to Traders: Beware of Bitcoin, NFT Tax Bill; Bitcoin Broker...
February 01, 2022  |  Cryptocurrency

Amber Group, a crypto finance startup working in algorithmic trading and digital market making, has acquired DeCurret, a Japan-licensed crypto exchange operator. Get the Full...

READ MORE >
Announcing Crypto Trading Tax and Digital Rupee Plans, India Makes Clear Payments Are Out
Announcing Crypto Trading Tax and Digital Rupee Plans, India Makes Clear Payments Are Out
February 01, 2022  |  Cryptocurrency

India’s finance minister just announced that India’s next budget will include a 30% tax on cryptocurrency, suggesting a long-feared total ban is likely off the...

READ MORE >
Solana Pay Launches as Low-Cost, Instant Crypto Payment for Everyday Purchases
Solana Pay Launches as Low-Cost, Instant Crypto Payment for Everyday Purchases
February 01, 2022  |  Cryptocurrency

Solana Labs announced in a Tuesday (Feb. 1) blog post a new point-of-sale (POS) payment product that lets merchants accept the USD Coin (USDC) stablecoin...

READ MORE >
ConsenSys Acquires MyCrypto, Teams with MetaMask
ConsenSys Acquires MyCrypto, Teams with MetaMask
February 01, 2022  |  Partnerships / Acquisitions

Blockchain software firm ConsenSys has acquired Ethereum interface MyCrypto as it plans to collaborate with the Web3 wallet MetaMask. Get the Full Story Complete the...

READ MORE >
Fed Paper Finds Stablecoin Risks Are Manageable, and Come With Rewards
Fed Paper Finds Stablecoin Risks Are Manageable, and Come With Rewards
February 01, 2022  |  Cryptocurrency

In a new paper on the potential uses and dangers of stablecoins, Federal Reserve researchers come to a fairly clear conclusion that the safest way...

READ MORE >
PYMNTS Intelligence: Keeping Cryptocurrency Payments Safe From Identity Fraud
PYMNTS Intelligence: Keeping Cryptocurrency Payments Safe From Identity Fraud
February 01, 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....

READ MORE >
Crypto Coming to India with Digital Rupee, 30% Tax
Crypto Coming to India with Digital Rupee, 30% Tax
February 01, 2022  |  Cryptocurrency

In a budget speech on Tuesday (Feb. 1) India’s Finance Minister Nirmala Sitharaman announced that the transfer of digital assets would be allowed, with income...

READ MORE >