cryptocurrency

Cryptocurrency and blockchain technology have long been heralded as the future of finance, offering increased access and efficiency for moving money worldwide. This prophecy edged closer to fruition Tuesday as MoneyGram, one of the largest money transfer companies globally, announced plans to launch a noncustodial cryptocurrency wallet in 2024. This

The crypto winter is thawing. In a move that signals growing adoption of digital assets, Crypto.com has partnered with PayPal to become the preferred cryptocurrency exchange for trading its new stablecoin, PYUSD. This collaboration bridges traditional finance and the world of cryptocurrencies, bringing digital assets another step closer to

The cryptocurrency market is waiting for a catalyst to spur sustainable growth. According to trader Alex Kuptsikevich, that catalyst could come in the form of banking turmoil or concerns over government solvency. Kuptsikevich argues that "bitcoin and crypto need financial chaos to grow." His comments come as bitcoin and ether

Brazil has experienced a massive surge in cryptocurrency adoption, prompting the country's central bank to announce tighter regulations aimed at reigning in the blossoming digital asset market. According to Banco Central do Brasil, the nation's central bank, cryptocurrency imports by Brazilians jumped 44.2% between January and August of 2023

In a shocking move that contradicts the UK's pro-crypto goals, JPMorgan Chase's British subsidiary announced Tuesday that it will ban all cryptocurrency transactions for its customers starting next month. The abrupt decision, shared in an email to clients, bars any crypto-related payments including wire transfers to exchanges. While some dismiss

Kraken's potential expansion into stock trading could shake up the finance industry and bolster crypto adoption, but regulatory hurdles remain. San Francisco-based cryptocurrency exchange Kraken is exploring the possibility of expanding into stock and exchange-traded fund (ETF) trading in the U.S. and U.K. as early as 2024, according

The European Union dropped an 800,000 euro bombshell this week that sent shockwaves throughout the cryptocurrency community. In an explosive move, the EU issued a massive contract to study crypto's "significant harm" on the environment as it weighs future policies to curb energy use. This urgent inquiry threatens to

Who is pushing for what regulations on crypto, when, where, why, and how? The "Stand with Crypto" movement led by Coinbase is lobbying lawmakers to pass industry-friendly rules, warning on September 28, 2023 that without them, jobs and innovation will leave America for overseas. In this vital news for the

Securities and Exchange Commission Chairman Gary Gensler received blistering criticism from pro-crypto lawmakers during a House Financial Services Committee hearing on Wednesday, accused of stifling innovation and favoring large financial institutions over smaller competitors after a recent string of court losses. But can decentralized cryptocurrencies like Bitcoin offer a solution?

The crypto industry was thrown into further uncertainty this week as SEC Chair Gary Gensler continued his aggressive stance against digital assets in testimony before Congress. Though specifics remain unclear, Gensler's remarks signal an uphill battle ahead for crypto firms seeking legitimacy. In a contentious hearing before the House Financial