Search results for "bitcoin"

March 27, 2024
Apple Prevails in Dismissal of Crypto-Payment Antitrust Lawsuit

In a legal victory for tech giant Apple, a federal judge in San Francisco has dismissed a consumer lawsuit that accused the company of engaging in anticompetitive behavior by restricting...


March 27, 2024
Crypto Scamming Intensifies as Digital Asset Market Rallies

Most crimes, at the end of the day, are crimes of opportunity. After all, bad actors and scammers just need to get lucky once. And with the resurgence of the...


March 27, 2024
FTX Creditors: Bankruptcy Estate Could Have Revived ‘Thriving’ Business

Earlier this year, bankrupt cryptocurrency firm FTX called off plans to resurrect its exchange. And that was a missed opportunity, some of the company’s creditors told The Wall Street Journal in a report published...


March 27, 2024
Robinhood Debuts Credit Card for Its Gold Members

Robinhood launched a credit card as it continues expanding into financial services. “At Robinhood, we recognize the need for change,” the company, known largely for its trading platform, wrote in a blog...


March 22, 2024
From Crypto to Coffee, Digital Wallets Signal Shifting Financial Landscape

With Thursday’s (March 21) Department of Justice (DOJ) antitrust suit against Apple, digital wallets are top of mind. And moving over to the Web3 space, on Wednesday (March 20) Bitget...


March 21, 2024
FTX CEO Slams Bankman-Fried’s ‘Nonexistent’ Remorse

FTX’s CEO says Sam Bankman-Fried’s deception didn’t stop with his fraud conviction.  In a victim impact statement filed Wednesday (March 20) ahead of Bankman-Fried’s sentencing next week, FTX chief executive...


March 20, 2024
Ethereum Foundation Faces Investigation by Undisclosed ‘State Authority’

The Ethereum Foundation, a Swiss nonprofit at the heart of the Ethereum ecosystem, is reportedly under investigation by an undisclosed “state authority.” The investigation was disclosed Feb. 26 on the group’s...


March 19, 2024
Goldman Sachs Reports Growing Institutional Interest in Cryptocurrency

Goldman Sachs has reportedly been making significant strides in the cryptocurrency industry. A recent surge in cryptocurrency prices, with bitcoin hitting an all-time high of $73,794 last week, has been...


March 15, 2024
Dogecoin Value Surges 15% After Elon Musk’s Remarks

Elon Musk has once again stirred up the cryptocurrency market by suggesting that dogecoin (DOGE) should be accepted as a payment method for Tesla vehicles. Dogecoin saw a 15% increase...


AML/KYC
How Gemini Balances User Privacy With AML And KYC Compliance Cryptocurrencies’ anonymous nature makes them popular, but crypto exchange platforms are still required to collect buyers’ personal data for AML and KYC compliance. In the “AML/KYC Tracker,” a PYMNTS and Trulioo collaboration, Elena Hughes, chief compliance officer at Gemini, explains how platforms can selectively collect data to ensure user privacy and adhere to regulations.  
The Corporate Treasury Shift: Asset Allocation And The New Cryptocurrency Option
More Banks Turn to Crypto, Blockchain to Help Corporates Drive Global Growth Fifty-eight percent of multinationals that do business in six or more countries use cryptocurrencies in their day-to-day operations. A new PYMNTS study of 250 multinational financial institutions (FIs), sponsored by Circle, examines how their corporate customers are using blockchain and crypto to manage liquidity, make payments and drive global growth — and the digital currency imperative it implies for FIs that wish to retain those corporate relationships.