PYMNTS-MonitorEdge-May-2024

crypto

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

Coinbase Taps Trustly for Open Banking Payments in Canada
Coinbase Taps Trustly for Open Banking Payments in Canada
August 16, 2023  |  Cryptocurrency

Coinbase has teamed with open banking provider Trustly as it expands into Canada. The partnership, announced Wednesday (Aug. 16), lets Coinbase users in Canada deposit...

READ MORE >
Coinbase Expands Into Canada Amid US Regulatory Scrutiny
Coinbase Expands Into Canada Amid US Regulatory Scrutiny
August 14, 2023  |  Cryptocurrency

Coinbase has officially expanded into Canada as it continues to battle regulators stateside. America’s largest cryptocurrency exchange announced Monday (Aug. 14) that it was working...

READ MORE >
Sen. Lummis and Crypto Lobby Petition for Coinbase Suit Dismissal
Sen. Lummis and Crypto Lobby Petition for Coinbase Suit Dismissal
August 13, 2023  |  Cryptocurrency

One of the Senate’s biggest cryptocurrency champions has come to embattled exchange Coinbase’s defense. Sen. Cynthia Lummis, R-Wyo., on Friday (Aug. 11) submitted an amicus brief on...

READ MORE >
PayPal Debuts Stablecoin Pegged to US Dollar
PayPal Debuts Stablecoin Pegged to US Dollar
August 07, 2023  |  Cryptocurrency

PayPal has introduced a U.S. dollar-pegged stablecoin amid new regulations around digital currencies. Announced Monday (Aug. 7), PayPal USD is “designed to contribute to the opportunity...

READ MORE >
Decentralized Crypto Platforms Still Waiting on Their Golden Age
Decentralized Crypto Platforms Still Waiting on Their Golden Age
July 23, 2023  |  Cryptocurrency

Decentralized cryptocurrency platforms have seen their spot trading volumes plummet in the last year. That drop, a Sunday (July 23) Bloomberg News report noted, stands in...

READ MORE >
Report: CoinDesk to Change Hands in $125 Million Deal
Report: CoinDesk to Change Hands in $125 Million Deal
July 20, 2023  |  Cryptocurrency

A syndicate of investors is reportedly poised to take control of cryptocurrency-focused media company CoinDesk. The investor group is led by Matthew Roszak of Tally Capital, a private investment...

READ MORE >
Binance CEO Confirms Job Cuts but Disputes Numbers
Binance CEO Confirms Job Cuts but Disputes Numbers
July 16, 2023  |  Cryptocurrency

Binance has reportedly cut 1,000-plus jobs in recent weeks while also dealing with a wave of executive departures. Those layoffs were reported Friday (July 14) by Reuters, and...

READ MORE >
Crypto Lender Aave Introduces GHO Stablecoin
Crypto Lender Aave Introduces GHO Stablecoin
July 16, 2023  |  Cryptocurrency

Crypto lender Aave has debuted its first stablecoin.  Announced on the company blog Saturday (July 15), Aave’s GHO coin is now live on the ethereum network. “GHO was...

READ MORE >
SEC: Coinbase Knew Securities Laws Applied to Its Business
SEC: Coinbase Knew Securities Laws Applied to Its Business
July 09, 2023  |  Cryptocurrency

The Securities and Exchange Commission (SEC) says Coinbase has long understood securities laws apply to its business. The SEC and the cryptocurrency platform have been engaged in an...

READ MORE >