Twenty One Capital, a new company formed by Cantor Fitzgerald, Tether Holdings SA, and SoftBank Group, is about to become one of the largest public holders of bitcoin. A Reuters report said the entity will launch with over 42,000 bitcoin (valued at about $3.6 billion),...
This isn’t last week’s crypto landscape. And it’s far shake from last year’s, too. Bitcoin has surged past $90,000, signaling renewed investor confidence in crypto markets after a classically volatile first few months of 2025. Simultaneously, major financial institutions are integrating blockchain technologies and regulatory...
PayPal Holdings will launch a rewards program this summer that will allow users to earn rewards on holdings of the PayPal USD (PYUSD) stablecoin in their PayPal or Venmo wallets. The company expects to offer a 3.7% annual rewards rate upon the launch of the...
The U.S. government’s evolving approach to crypto regulation could mark a pivotal moment for payments innovation. “There’s certainly a change in how the administration views the digital assets industry,” Dan Boyle, partner at Boies Schiller Flexner, told PYMNTS CEO Karen Webster. “This is not a confrontational...
ING is reportedly working on a stablecoin project with other banks and crypto service providers. The Dutch bank launched the project after the implementation of the Markets in Crypto-Assets (MiCA) regulation last year created an opportunity to issue regulated stablecoins in the European Union (EU),...
The changing cryptocurrency landscape in the United States could have a downstream impact on how businesses move, hold, store and monetize payments. Paul S. Atkins was sworn into office as the 34th chairman of the Securities and Exchange Commission (SEC) Monday (April 21) after being...
As cryptocurrency makes strides toward real-world spending accessibility, payment card and security solutions provider CompoSecure announced the integration of its Arculus Cold Storage Wallet with MoneyGram Access. The move lets users convert physical cash to digital USDC stablecoins and withdraw cash at MoneyGram locations worldwide,...
Despite being a $2.7 trillion global industry that underpins human survival, the global agricultural trade’s supply chains remain tangled in outdated systems, high fees and lengthy settlements. “There is a huge amount of friction in global trade, especially in emerging parts of the world,” AgriDex...
For years, the cryptocurrency space has battled allegations that its ecosystem can come across as abstract and inaccessible to the everyday end-user. While blockchain payment and financial solutions can promise decentralization and ownership, they frequently suffer from clunky user experiences and steep onboarding curves. Adam...
