Cryptocurrency

A 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)

Cryptocurrency
Major German Tech Firm Backs Call For Accelerated EU Digital Currency
September 15, 2020

A major German digital security firm that is a significant player in the electronic payments sector on Tuesday (Sept. 15) has backed a call by the head of the European Central Bank (ECB) for quick exploration into creating an official European Union digital currency. Get...

Cryptocurrency
EU Bankers Weigh Risks, Rewards of CBDC – and Cash’s Staying Power
September 15, 2020

Central bank digital coins on the Continent – but plenty of room for cash. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Cryptocurrency
European Central Banks Demand Strict Cryptocurrency Regulations
September 13, 2020

Europe’s biggest banks have called on the European Commission to implement tough regulations for cryptocurrencies, such as stablecoins, that would protect consumers and preserve state sovereignty in monetary policy, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
ECB President: Digital Euro Would Put Europe At Cutting Edge Of Innovation
September 11, 2020

The European Central Bank (ECB) has not decided whether to adopt a digital euro. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Cryptocurrency
Brazil Says Central Bank Digital Currency Set For 2022 Rollout
September 08, 2020

The race toward central bank digital currencies (CBDCs) is tightening, with Brazil reportedly looking to launch one by 2022 in a bid to help digitize payments. And although it’s not a winner-take-all competition, central banks first out of the gate might prove instructive to those who follow...

Cryptocurrency
Revolut Expands Crypto Trading Service To Australia
September 03, 2020

One of Europe’s largest brokerage firms is offering crypto trading services in Australia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Cryptocurrency
Bitcoin Daily: US Seizes Crypto Accounts Tied To N. Korean Cyberattacks That Stole $29M; Australia...
August 31, 2020

Australian racing officials are looking into a thoroughbred operation after it was revealed that the owner could’ve been involved in a money laundering scheme linked to a fake cryptocurrency, according to a report from The Sydney Morning Herald (SMH). Get the Full Story Complete the...

Cryptocurrency
Chinese Bank Shuts Public Access To eWallet For Digital Yuan
August 30, 2020

One of the four largest Chinese banks swiftly disabled its new soft launch for a digital yuan wallet after its quiet rollout got mass attention, according to CoinDesk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
Report: $50B In Cryptocurrency Moved Out Of China
August 21, 2020

More than $50 billion of cryptocurrency was transferred from virtual wallets in China to other parts of the world last year, a potential violation of the nation’s strict limits on how much money can be sent abroad, according to a new report. Get the Full...