Cryptocurrency

Cryptocurrency
Mastercard’s Crypto Debit Card Integrates With Apple and Google Pay
September 06, 2024

More than half a billion people own crypto, primarily as a speculative investment. And now, with the news Thursday (Sept. 5) that Mercuryo has launched a euro-denominated debit card that allows users to spend bitcoin and other cryptocurrencies directly at over 100 million merchants using...

Cryptocurrency
Coinbase to Continue Spending to Influence US and Global Policy
September 04, 2024

Coinbase reportedly plans to continue its “elevated policy spend” through the U.S. presidential election and beyond. Beyond the U.S. election, the cryptocurrency exchange will continue its policy spend as it faces issues in other parts of the world, Coinbase Chief Financial Officer Alesia Haas said Wednesday...

Cryptocurrency
OKX Names Grab’s Gracie Lin to Head Singapore Crypto Exchange
September 02, 2024

Cryptocurrency exchange OKX has appointed Grab executive Gracie Lin as CEO of its Singapore operations. The company announced the hiring Monday (Sept. 2), while also noting that its Singapore entity had been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore,...

Cryptocurrency
Lawmakers Say Crypto Bill Passage Would Be Long Shot for 2024
September 01, 2024

Will this year see a cryptocurrency bill make it through Congress? There’s a chance, according to a Sunday (Sep. 1) report by Coindesk, though it’s a longshot. The report cited comments from two Republican lawmakers — Sen. Cynthia Lummis, R-Wyo., and Sen. Tim Scott, R-S.C.,...

Cryptocurrency
Coinbase Reports First ‘AI to AI’ Token Purchase
September 01, 2024

Coinbase says it has seen its first-ever “AI to AI” crypto transaction. In a post on X Friday (Aug. 30), CEO Brian Armstrong said the cryptocurrency exchange had overseen its inaugural transaction between two artificial intelligence (AI) agents. “What did one AI buy from another?...

Cryptocurrency
Crypto Is Minting Millionaires, but Its Payment Utility Remains Uncertain
August 28, 2024

In 2010, a Florida man bought two pizzas with 10,000 bitcoin. That singular incident served to confirm the promise of cryptocurrencies as a store of value, as well as position them as a potential payment mechanism. Today, those 10,00 bitcoin would be worth upward of...

Cryptocurrency
Russia Rethinks Crypto Exchanges to Smooth Payments Obstacles
August 26, 2024

Russia is reportedly preparing to begin trials of cryptocurrency exchanges and cross-border crypto transactions. That’s according to a report Monday (Aug. 26) by Bloomberg News, which noted that the move is designed to solve the payment troubles the country has been facing after more than...

Cryptocurrency
Can Stablecoins Spark Crypto Adoption Across Retail and B2B Markets?
August 26, 2024

The cryptocurrency sector has long been in search of gateway use cases to accelerate adoption. News broke Friday (Aug. 23) that Wyoming is reportedly developing its own U.S. dollar-backed stablecoin to be used for consumer payments. The Wyoming Stable Token could be launched as soon...

Cryptocurrency
Wyoming Aims to Launch US Dollar-Backed Stablecoin in 2025
August 23, 2024

Wyoming is reportedly developing its own U.S. dollar-backed stablecoin to be used for consumer payments. The state plans to launch the Wyoming Stable Token in the first quarter of 2025, CNBC reported Friday (Aug. 23). “It is clear to me that digital assets are going...