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 Exchange BitMEX Founders Plead Guilty After Failing to Establish AML Rules

Crypto Exchange BitMEX Founders Plead Guilty After Failing to Establish AML Rules
Crypto Exchange BitMEX Founders Plead Guilty After Failing to Establish AML Rules
February 25, 2022  |  Legal

Founders of cryptocurrency exchange BitMEX have pleaded guilty to violating bank secrecy regulations by failing to establish an anti-money laundering (AML) program, the U.S. Attorney’s...

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TechREG Weekly: Biden’s Executive Crypto Order May Be Delayed; EU Wants More Data from US Firms 
TechREG Weekly: Biden’s Executive Crypto Order May Be Delayed; EU Wants More Data from US...
February 25, 2022  |  Regulation

The week started with the prospect of an executive order by President Joe Biden to regulate cryptocurrencies that could trigger new regulation from different federal...

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PYMNTS Intelligence: How FinTechs Can Give CUs a Leg up in the Digital Transformation
PYMNTS Intelligence: How FinTechs Can Give CUs a Leg up in the Digital Transformation
February 25, 2022  |  Credit Unions

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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China Court Rules Crypto Transactions ‘Illegal’; Violators Face 10 Years in Prison
China Court Rules Crypto Transactions ‘Illegal’; Violators Face 10 Years in Prison
February 24, 2022  |  Cryptocurrency

China’s Supreme Court this week set penalties for violating recent prohibitions against engaging in cryptocurrency transactions. Get the Full Story Complete the form to unlock...

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Coinbase’s Services and Subscription Revenues Grow By 10x
Coinbase’s Services and Subscription Revenues Grow By 10x
February 24, 2022  |  Earnings

Crypto trading platform Coinbase posted fourth-quarter earnings that showed a surge in retail trading volumes – and volatility. Trading volumes are likely to decline in...

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Today in the Connected Economy: AmEx, Resy Support Indie Restaurants
Today in the Connected Economy: AmEx, Resy Support Indie Restaurants
February 24, 2022  |  Connected Economy

Today in the connected economy, American Express and Resy launch a campaign to get people eating at independent restaurants. Also, PayPal is among investors in...

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Ukraine Conflict Leads to $242M Crypto Liquidation
Ukraine Conflict Leads to $242M Crypto Liquidation
February 24, 2022  |  Cryptocurrency

Russia’s incursion into the Ukraine early Thursday (Feb. 24) triggered more than $242 million in liquidations in the crypto market. Get the Full Story Complete...

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HandCash App Integrates Circle, Fabriik Tools To Offer Top-Ups
HandCash App Integrates Circle, Fabriik Tools To Offer Top-Ups
February 24, 2022  |  Partnerships

Bitcoin Satoshi Vision (BSV) trading wallet company HandCash announced its partnership with payments platform Circle and Canadian FinTech firm Fabriik to allow users the opportunity...

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Academic and Economic Experts Debate the Need and Scope of Crypto Regulation 
Academic and Economic Experts Debate the Need and Scope of Crypto Regulation 
February 24, 2022  |  Cryptocurrency

Cryptocurrencies raise potential benefits and risks. They represent a break from the traditional model of so-called “fiat currency,” which gives government bodies inherent regulatory power....

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