Cryptocurrency

Cryptocurrency
The Calm Before Crypto’s Cross-Border And Tax Storm
May 31, 2021

Crypto, crypto everywhere — or so the exchanges and a growing number of merchants hope. And given the growth of digital transactions and cross-border commerce, it seems that many consumers are hoping so, too. Get the Full Story Complete the form to unlock this article...

Cryptocurrency
Crypto Crash Continues: Bitcoin Down 47.8 Pct Since April High
May 30, 2021

Bitcoin dipped another 5.16 percent on Saturday (May 30), falling now to $33,849.47, Reuters reported. 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,...

Cryptocurrency
Swedish Central Bank Working With Handelsbanken For Digital Coin Trial
May 28, 2021

Sweden’s central bank Riksbank said on Friday (May 28) that it is collaborating with lender Handelsbanken to test the digital currency e-krona, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Dubai Officials: ‘DubaiCoin’ Never Received Any Governmental Approval
May 28, 2021

The government of Dubai has announced that a so-called “DubaiCoin” digital token was not given the green light by “any official authority” and that promotions of the digital currency are a scam, according to a tweet. Get the Full Story Complete the form to unlock...

Cryptocurrency
Big Banks Express Caution Over Crypto At Senate Hearing
May 27, 2021

Chief executives from the biggest U.S. banks testified before the U.S. Senate Banking Committee on Wednesday (May 26) to express concerns about cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
Bank Of Mauritius Looking To Launch CBDC Pilot This Year
May 26, 2021

The Bank of Mauritius is aiming to launch a central bank digital currency (CBDC) by the end of this year, CoinDesk reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
South Africa’s Central Bank Starts Research On Retail-Focused Digital Currency
May 25, 2021

The South African Reserve Bank (SARB) has begun a study to investigate how a central bank digital currency (CBDC) would work for general purpose retail use alongside cash, according to a press release. Get the Full Story Complete the form to unlock this article and...

Cryptocurrency
China’s Bitcoin Mining Crackdown Skews Crypto’s Basic Supply-Demand Economics
May 25, 2021

Supply and demand is the cornerstone of economics. 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. By completing this form, you...

Cryptocurrency
Burned By Bitcoin: How Crypto Has Scorched The Investors Who Can Least Afford It
May 25, 2021

A month-long slump in bitcoin has drawn a lot of unwanted attention to the best world’s best-known cryptocurrency, but it has also scorched a lot of first-time investors who have entered the market at a particularly perilous time. Get the Full Story Complete the form...