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

China Trials Digital Yuan By Giving Away $1.5M
China Trials Digital Yuan By Giving Away $1.5M
October 12, 2020  |  Cryptocurrency

China’s central bank is issuing 10 million yuan ($1.5 million) worth of digital currency to 50,000 people chosen by lottery in the country’s first trial run...

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Bitcoin Daily: Bitcoin Near $11.5K As Stimulus Talks Reopen
Bitcoin Daily: Bitcoin Near $11.5K As Stimulus Talks Reopen
October 11, 2020  |  Bitcoin

Bitcoin continued its upward trend over the weekend with prices near $11,500, according to CoinDesk, with the spike likely tied to the possibility of more...

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New US ‘Cryptocurrency Enforcement Network’ Takes Aim At Bitcoin Scammers
New US ‘Cryptocurrency Enforcement Network’ Takes Aim At Bitcoin Scammers
October 09, 2020  |  Security & Fraud

Bitcoin and other cryptocurrencies are continuing to attract attention from authorities for all the wrong reasons. For instance, a new U.S. Justice Department report is...

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The Lures – And Challenges – Of Central Bank Digital Currencies
The Lures – And Challenges – Of Central Bank Digital Currencies
October 09, 2020  |  Cryptocurrency

Beyond bitcoin – that marquee name of crypto and its brethren, which have yet to escape wild price swings and speculative fervor – lies the...

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Fed, Central Banks Frame Criteria For Digital Currency
Fed, Central Banks Frame Criteria For Digital Currency
October 09, 2020  |  Cryptocurrency

The Federal Reserve is collaborating with seven central banks and the Bank for International Settlements (BIS) to hammer out a framework for digital currency.  Get...

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Bitcoin Daily: US Attorney General Unveils Crypto Enforcement Blueprint; Canadian Businesses Damaged By Attempted Bitcoin ATM Theft
Bitcoin Daily: US Attorney General Unveils Crypto Enforcement Blueprint; Canadian Businesses Damaged By Attempted Bitcoin...
October 08, 2020  |  Bitcoin

Attorney General William P. Barr unveiled the publication of “Cryptocurrency: An Enforcement Framework,” which his Cyber-Digital Task Force created, according to a Thursday (Oct. 8)...

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Square Buys Up $50M In Bitcoin
Square Buys Up $50M In Bitcoin
October 08, 2020  |  Cryptocurrency

Square, the FinTech payments company headed by Twitter CEO Jack Dorsey, announced on Thursday (Oct. 8) that it has invested $50 million —  approximately 1...

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Ripple Announces Line Of Credit Offering
Ripple Announces Line Of Credit Offering
October 08, 2020  |  Payments Innovation

Enterprise blockchain service provider Ripple on Thursday (Oct. 8) announced a beta offering called Line of Credit that it says lets its FinTech customers use...

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Today In Payments: Big Tech Slams House Antitrust Report; Credit Card Borrowing Falls
Today In Payments: Big Tech Slams House Antitrust Report; Credit Card Borrowing Falls
October 08, 2020  |  News

In today’s top news, Big Tech slammed the House antitrust report, and credit card debt has fallen for the sixth consecutive month. Plus, Revolut launches...

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