Cryptocurrency
Cryptocurrency
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Circle Internet Financial Inc., a developer of the USD Coin digital token, has hired an executive from the Facebook Inc.-backed Diem Association to spearhead strategy and policy efforts.
April 12 - PSO content
Cryptocurrency wallet provider Neptune is launching a new service that will allow investors to manage multiple currencies for various uses through a single channel.
April 1 -
The two payment brands have found ways to limit currency conversion risk — a key concern among banks and merchants.
March 31 -
The two payment brands have found ways to limit currency conversion risk — a key concern among banks and merchants.
March 30 -
Visa Inc. said its payments network will use a stablecoin backed by the U.S. dollar to settle transactions, as blockchain technology gains more acceptance in the established financial system.
March 29 -
Wallex hopes its EURST stablecoin will be transparent and familiar enough to appeal to mainstream payment companies.
March 26 - PSO content
Paysafe is adding cryptocurrency options to its Skrill digital wallet in the U.S. through a partnership with Coinbase that will allow users in most states to buy and sell multiple cryptocurrencies.
March 25 -
Democratic leaders are encouraging the Federal Reserve to develop its own digital currency to expand financial services access. Chair Jerome Powell indicated the central bank plans to take a methodical approach.
March 22 -
Banks, credit card companies and digital payments processors are nervously watching the push to create an electronic alternative to the paper bills Americans carry in their wallets, or what some call a digital dollar and others call a Fedcoin.
March 22 -
The former acting comptroller of the currency will help the technology company move its secure data exchange technology into the financial market.
March 15 -
Binance Holdings, the world's largest cryptocurrency exchange, has named prominent former U.S. politician Max Baucus as a policy and government relations adviser.
March 12 -
Some bank regulators are allowing companies that offer digital currencies to apply for a charter, potentially giving them a path to the Federal Reserve system without proper oversight.
March 11 -
PayPal Holdings Inc. said it will acquire the cryptocurrency firm Curv as it seeks to beef up its talent pool for handling digital currencies.
March 8 -
Some bank regulators are allowing companies that offer digital currencies to apply for a charter, potentially giving them a path to the Federal Reserve system without proper oversight.
March 3 -
PayPal Holdings Inc. is in talks to acquire the startup Curv, which helps companies transfer and store digital currencies.
March 2 -
The insurance industry has shied away from crypto, but as the market gets larger opportunity will arise for insurers, says InsuranceQuotes.com's Brian O'Connell.
March 2 -
Governments are digitizing money, creating a need for banks to provide rails to connect consumers and central banks.
February 25 -
Citing strong client demand, the nation's largest custody bank is building infrastructure and a team that can help clients store and manage bitcoin and many other types of virtual currency and tokenized assets.
February 23 -
With the SEC probing Ripple, MoneyGram sidelines its partner to nurture online operations, which hit a milestone by surpassing in-store Walmart remittances in December.
February 22 -
Billionaire Elon Musk defended Tesla Inc.’s $1.5 billion Bitcoin investment on Twitter, calling the cryptocurrency a “less dumb” version of cash.
February 19









![“We have an obligation to be on the cutting edge of understanding the technological challenges, as well as the potential costs and benefits, of issuing a [central bank digital currency],” said Fed Chair Jerome Powell. But, he added, "Because we’re the world’s principal reserve currency, we don't need to rush this project, and we don't need to be first to market.”](https://arizent.brightspotcdn.com/dims4/default/aeb3835/2147483647/strip/true/crop/3000x1688+0+0/resize/1280x720!/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2F25%2Fdc%2Fb4fb547245f29e576203fc912f94%2Fpowell-jerome-bl-032221.jpg)







