PYMNTS

Articles by PYMNTS

American Express Reports 9% Increase in Consumer Spending Around Thanksgiving

Crypto December 11, 2025

Consumer retail spending from the week before Thanksgiving through Cyber Monday (Dec. 1) was up 9% year over year, American Express Chairman and CEO Stephen J. Squeri said Wednesday (Dec. 10).Among tοΏ½...

Crypto Experts Downplay IMF Concerns About Stablecoins

Crypto December 11, 2025

But as CoinDeskΒ reported Wednesday (Dec. 10), some cryptocurrency experts say that the concerns flagged in the IMFs report are not yet a serious threat, as the stablecoin market is not yet large enou...

OCC Letters Reframe Crypto as Standard Banking Activity

Crypto December 11, 2025

U.S. banking regulators are warming up to cryptocurrency in a way never seen before.For much of the digital asset sectors history, crypto companies have accused U.S. regulators of regulatory arbitragοΏ½...

Bitwise Uplists Crypto Index Fund to NYSE Arca

Crypto December 11, 2025

Launched in 2017, BITW holds the 10 largest crypto assets by market capitalization, with active screening and monthly rebalancing, Bitwise said in a Tuesdaypress release. The fund is designed to offοΏ½...

Visa CEO Puts Agentic AI at the Center of Payments

Crypto December 10, 2025

Visa CEO Ryan McInerneys annual letter to shareholders, released Tuesday (Dec. 9) reads like a technology thesis for where payments is headed, not just a performance recap.In the letter, part of the οΏ½...

OCC Says Banks Can Engage in Riskless Principal Transactions in Crypto Assets

Crypto December 10, 2025

The Office of the Comptroller of the Currency (OCC) published an interpretive letter Tuesday (Dec. 9) saying it confirmed that banks can engage in permissible activities related to riskless principalοΏ½...

Stripe and Paradigm Open Tempo Blockchain Project to Public

Crypto December 10, 2025

StripeΒ and cryptocurrency venture firmΒ Paradigm have reportedly begun a public trial for their blockchain project, Tempo.Thats according to aΒ reportΒ Tuesday (Dec. 9) from Bloomberg News, which say...

A Stablecoin History Lesson: The Messy Origins of the Internet’s β€˜Digital Dollar’

Crypto December 10, 2025

Stablecoins take the most trusted thing in finance, the dollar, and put it onto an open, programmable, always-on network, the blockchain.Over the past 11 years, stablecoins have evolved from a niche οΏ½...

PNC Bank Launches Bitcoin Access Powered by Coinbase

Crypto December 10, 2025

PNC Bank now enables eligible clients of its PNC Private Bank to buy, hold and sell bitcoin directly through its digital banking system.These direct spot bitcoin trading capabilities are powered by CοΏ½...

Bank CEOs and Senators to Discuss Crypto Market Regulation

Crypto December 10, 2025

Bank CEOs are reportedly scheduled to meet with senators from both parties on Thursday (Dec. 11) to discuss crypto market regulation.The CEOs of Citigroup, Wells FargoandBank of America will meet witοΏ½...