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

61% of Businesses See Operational Efficiency as Blockchain and Crypto Opportunity
61% of Businesses See Operational Efficiency as Blockchain and Crypto Opportunity
February 07, 2022  |  Blockchain

Executives with a deeper understanding of how blockchain technology works tend to use or exhibit openness to using it at a higher rate than those...

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New FDIC Acting Chair: Evaluation of Crypto Risks Is a Top Priority for 2022
New FDIC Acting Chair: Evaluation of Crypto Risks Is a Top Priority for 2022
February 07, 2022  |  Cryptocurrency

Federal Deposit Insurance Corporation (FDIC) Acting Chairman Martin J. Gruenberg on Monday (Feb. 7) included the evaluation of the risks related to cryptocurrency as a...

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With Product Debuts, Crypto Industry Puts Banks in its Crosshairs
With Product Debuts, Crypto Industry Puts Banks in its Crosshairs
February 07, 2022  |  Cryptocurrency

The fast-growing U.S. crypto debit card market has a new entrant in Wirex, a U.K.-based digital payments platform that claims the first such cryptocurrency-based payments...

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Fraud’s Impact on Crypto Is About More Than Money
Fraud’s Impact on Crypto Is About More Than Money
February 07, 2022  |  Security & Fraud

Compared to other financial industries, the cryptocurrency market is disproportionately subject to fraud, with a net fraud rate of 7.4% last year. Get the Full...

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Japan’s Biggest Bank Plans Yen-Pegged Stablecoins
Japan’s Biggest Bank Plans Yen-Pegged Stablecoins
February 07, 2022  |  Cryptocurrency

Mitsubishi UFJ Trust, Japan’s largest bank by assets, is planning to issue a stablecoin pegged to the yen under the revised Settlements and Payment System...

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DriveWealth Expands Into Crypto Trading Space
DriveWealth Expands Into Crypto Trading Space
February 07, 2022  |  Cryptocurrency

Brokerage firm DriveWealth, a New Jersey-based FinTech, is getting into cryptocurrency trading, CNBC reported Monday (Feb. 7). Get the Full Story Complete the form to...

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SEC’s Request Suggests that Opposition to Bitcoin ETF May Be Fading
SEC’s Request Suggests that Opposition to Bitcoin ETF May Be Fading
February 07, 2022  |  Cryptocurrency

In what might be a sign that is loosening its opposition, the Securities and Exchange Commission (SEC) has requested public comments on a spot Bitcoin...

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A CBDC in the US Will Take Years, but Some Benefits May Come Earlier 
A CBDC in the US Will Take Years, but Some Benefits May Come Earlier 
February 07, 2022  |  CBDC

Anyone hoping the Federal Reserve Board would shed light on the future of the digital dollar in its highly anticipated white paper in January was...

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US House Resubmits Legislation to Simplify Tax Burdens on Crypto Users
US House Resubmits Legislation to Simplify Tax Burdens on Crypto Users
February 07, 2022  |  Cryptocurrency

The two largest cryptocurrencies, bitcoin and ethereum, surged last week as prices increased following a stronger-than-expected U.S. jobs report, Forbes reported Saturday (Feb. 5). Get the...

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