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

Circle Valued at $9B Following New SPAC Agreement
Circle Valued at $9B Following New SPAC Agreement
February 17, 2022  |  SPAC

USD Coin issuer Circle has formed a new agreement with special purpose acquisition company (SPAC) Concord Acquisition Corp. that values Circle at $9 billion. Get...

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UAE Introduces Federal Licensing for Virtual Asset Service Providers to Attract Crypto Firms
UAE Introduces Federal Licensing for Virtual Asset Service Providers to Attract Crypto Firms
February 17, 2022  |  Cryptocurrency

Federal licensing for virtual asset service providers (VASPs) is in the last stretch of becoming a reality in the United Arab Emirates (UAE) as the...

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Crypto Shield Launched to Offer Digital Wallet Insurance
Crypto Shield Launched to Offer Digital Wallet Insurance
February 16, 2022  |  Cryptocurrency

Crypto Shield, a new product from Boost Insurance and InsurTech Breach Insurance, debuted Tuesday (Feb. 15) to cover the theft of cryptocurrencies. Get the Full...

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Canada Sanctions 34 Crypto Wallets, Investigates ‘Freedom Convoy’ Donations
Canada Sanctions 34 Crypto Wallets, Investigates ‘Freedom Convoy’ Donations
February 16, 2022  |  Cryptocurrency

The Ontario Provincial Police and Royal Canadian Mounted Police have ordered companies to stop doing transactions from 34 crypto wallets, which they’ve tied to the...

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STASIS to Issue Euro Stablecoin on XRP Ledger
STASIS to Issue Euro Stablecoin on XRP Ledger
February 16, 2022  |  Cryptocurrency

STASIS, which works in euro-backed stablecoin production, plans to issue the EURS stablecoin on the XRP ledger (XRPL), a press release said Wednesday (Feb. 16)....

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FBI Targets Crypto Over Ransomware Crimes
FBI Targets Crypto Over Ransomware Crimes
February 16, 2022  |  Security & Fraud

With ransomware on the rise, the FBI is looking at cryptocurrency as the main way these cybercrimes are facilitated, Bloomberg reported Wednesday (Feb. 16). Get...

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Today in Crypto: Bank of Russia Pilots CBDC; Latin American Venture Capital Crypto Investments Hit $653M in 2021
Today in Crypto: Bank of Russia Pilots CBDC; Latin American Venture Capital Crypto Investments Hit...
February 16, 2022  |  News

The Bank of Russia is debuting a pilot stage for its digital ruble, the central bank digital currency (CBDC) it’s got in the works, CoinDesk...

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PYMNTS Blockchain Series: What Is BNB Chain and Why Isn’t It Binance Anymore?
PYMNTS Blockchain Series: What Is BNB Chain and Why Isn’t It Binance Anymore?
February 16, 2022  |  Blockchain

Throughout this series of articles, we’re looking at the top blockchains in crypto to help you make sense of the alphabet soup of so-called “altcoins”...

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Colorado Plans to Accept Crypto for Tax Payments by End of Summer
Colorado Plans to Accept Crypto for Tax Payments by End of Summer
February 16, 2022  |  Cryptocurrency

Colorado will begin taking cryptocurrency for tax and other payments by the end of the summer, Gov. Jared Polis told CoinDesk. Get the Full Story...

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