With Chinese regulators clamping down on the cryptocurrency market, crypto millionaires in the country are selling the digital tokens in the U.S. and buying real estate with the proceeds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
As crypto gains more acceptance — and also deals with a record number of hacks — insurance companies are getting into the game. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In the cryptocurrency market, some weeks are better than others. And this week, so far, is shaping up to be a strong time for bitcoin amid some positive developments, as the popular cryptocurrency reached almost $7,500 mid-Wednesday after falling to below $5,800 at the end...
Lucid Sight, a blockchain gaming company, has signed a licensing deal with Major League Baseball to launch MLB Crypto Baseball. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Cryptocurrencies such as bitcoin and ether don’t pose much of a risk to global financial stability at the current time, but that isn’t stopping global regulators from creating a framework to monitor risk from cryptocurrency. Get the Full Story Complete the form to unlock this...
With a crackdown on gambling amid the FIFA World Cup, authorities in China have seized over $1.5 million in digital currency. Police started an investigation into the unnamed gambling site after ads said that the platform would “accept international recognized cryptocurrencies, including bitcoin, Ether and...
Zug is a small town near Zürich with only about 30,000 residents, yet it is impacting the FinTech world in a big way. The town, whose economy was once focused on heavy industry and agriculture, is now home to a myriad of companies in the...
In an effort to expedite payments for small businesses, MakerDAO is working with Tradeshift to tokenize unpaid invoices through an experimental program. MakerDAO, which has a stablecoin called Dai, said the token is being tested with the Tradeshift Cash solution, CoinDesk reported. Get the Full Story...
Citing anti-money laundering rules and other regulations, traditional banks in Switzerland have often refused to operate accounts for crypto companies. But Heinz Tännler, finance director of Zug canton, said he believes regulators and politicians may remove some obstacles for crypto firms and allow them to...
