PYMNTS-MonitorEdge-May-2024

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

Report: Trump Company Considers Adding Crypto Payments and Trading
Report: Trump Company Considers Adding Crypto Payments and Trading
November 21, 2024  |  Cryptocurrency

President-elect Donald Trump’s social media company, Trump Media & Technology (TMTG), reportedly filed a trademark application Monday (Nov. 18) for a service called TruthFi that...

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UK to Consider Comprehensive Regulatory Framework for Crypto Sector
UK to Consider Comprehensive Regulatory Framework for Crypto Sector
November 21, 2024  |  Cryptocurrency

The United Kingdom reportedly will consider a comprehensive regulatory framework for the cryptocurrency sector in early 2025. The Labour Party, which came to power in...

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Mastercard and J.P. Morgan Partner on Blockchain-Based B2B Payments
Mastercard and J.P. Morgan Partner on Blockchain-Based B2B Payments
November 21, 2024  |  Blockchain

Complexity is frequently the default setting for business-to-business (B2B) payments, particularly cross-border ones. But the industry is moving toward greater simplicity and automation with the...

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PayPal Resolves 2-Hour Global Outage Affecting Multiple Products
PayPal Resolves 2-Hour Global Outage Affecting Multiple Products
November 21, 2024  |  Technology

PayPal experienced a global outage that affected multiple products for about two hours Thursday (Nov. 21). The incident lasted from 10:53 UTC to 12:59 UTC...

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McHenry: Banking Regulators Stuck ‘Fighting the Last War’
McHenry: Banking Regulators Stuck ‘Fighting the Last War’
November 20, 2024  |  Bank Regulation

By this time next year, America’s banking regulators will likely have new leadership. At a hearing Wednesday (Nov. 20) Rep. Patrick McHenry took the outgoing...

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This Week in Web3: Understanding Blockchain Solutions for Business Challenges
This Week in Web3: Understanding Blockchain Solutions for Business Challenges
November 20, 2024  |  Blockchain

At its core, blockchain is a distributed ledger technology (DLT) that records transactions across multiple computers in a secure, immutable and transparent manner. Unlike traditional...

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Coinbase Wallet Introduces Rewards Program for USDC Holders
Coinbase Wallet Introduces Rewards Program for USDC Holders
November 20, 2024  |  Cryptocurrency

Coinbase Wallet has begun letting users of its USDC stablecoin earn rewards. USDC Rewards, announced Wednesday (Nov. 20), lets Coinbase Wallet users earn 4.7% APY...

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Bitcoin Reaches Record High Near $95K Amid Trump Interest in Crypto
Bitcoin Reaches Record High Near $95K Amid Trump Interest in Crypto
November 20, 2024  |  Bitcoin

Bitcoin and the global cryptocurrency market reportedly hit record highs Wednesday (Nov. 20). Bitcoin hit a record high of $94,982.37 before dipping to $93,709, a...

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Citi Sees Blockchain at Center of Borderless Commerce Initiative
Citi Sees Blockchain at Center of Borderless Commerce Initiative
November 20, 2024  |  Blockchain

If the payments landscape had a holy grail, it would be seamless cross-border payments. Unlike domestic payments, which are shifting toward a real-time, 24/7 model,...

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