PYMNTS-MonitorEdge-May-2024

digital assets

Why Banks Might Want to Have a Blockchain Strategy
Why Banks Might Want to Have a Blockchain Strategy
November 11, 2024  |  Blockchain

The definition of crypto has historically oscillated between two poles: buzzword and true innovation. And to hear the industry’s executives tell it, the lack of...

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Bitcoin Reaches Record $80K Following Trump Victory
Bitcoin Reaches Record $80K Following Trump Victory
November 10, 2024  |  Cryptocurrency

Bitcoin’s price reached an all-time high of $80,000 following Donald Trump’s presidential victory. As the Financial Times (FT) reported Sunday (Nov. 10), the digital currency...

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Swift Settles Tokenized Fund Subscriptions and Redemptions on Its Network
Swift Settles Tokenized Fund Subscriptions and Redemptions on Its Network
November 05, 2024  |  Payment Methods

Swift has completed a successful pilot for tokenized fund subscriptions and redemptions using its network. The project — completed in partnership with UBS Asset Management...

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Crypto.com and Ingenico Team on Crypto Payments for Merchants
Crypto.com and Ingenico Team on Crypto Payments for Merchants
November 05, 2024  |  Cryptocurrency

Payments acceptance provider Ingenico has launched a partnership with Crypto.com. The new collaboration will bring cryptocurrency payments and merchant services to users of the Ingenico...

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Ripple Offers ‘Bank-Grade’ Custody Tech to Crypto Firms
Ripple Offers ‘Bank-Grade’ Custody Tech to Crypto Firms
October 10, 2024  |  Cryptocurrency

Digital asset infrastructure firm Ripple has introduced new features and functionalities for its custody solution. “Custody is a key entry point into the digital asset economy, and...

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Crypto.com Sues SEC Amid Threat of Enforcement Action
Crypto.com Sues SEC Amid Threat of Enforcement Action
October 08, 2024  |  Cryptocurrency

Calling it a “misguided” federal agency, Crypto.com has sued the Securities and Exchange Commission (SEC). The suit, filed Tuesday (Oct. 8), came after the cryptocurrency...

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Swift Tokenized Transaction Tests Aim to Bridge ‘Digital Islands’
Swift Tokenized Transaction Tests Aim to Bridge ‘Digital Islands’
October 03, 2024  |  Digital Payments

Swift wants to let banks test tokenized transactions on its global messaging network. Beginning next year, financial institutions (FIs) will be able to carry out...

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Coinbase Tells Appeals Court It Seeks Regulatory Clarity From SEC
Coinbase Tells Appeals Court It Seeks Regulatory Clarity From SEC
September 23, 2024  |  Cryptocurrency

Coinbase Global addressed a federal appeals court Monday (Sept. 23), aiming to force the Securities and Exchange Commission (SEC) to create new rules for digital...

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JPMorgan Joins BIS Cross-Border Payments Project Using Digital Currencies
JPMorgan Joins BIS Cross-Border Payments Project Using Digital Currencies
September 18, 2024  |  Cross-border Payments

Some of the world’s biggest banks and payments firms are teaming to rethink cross-border payments. As Bloomberg News reported Wednesday (Sept. 18), the Bank for International Settlements (BIS) has...

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