The New York State Department of Financial Services (DFS) announced that it has granted a charter under New York Banking Law to Bakkt Trust to operate as a limited liability trust company. Get the Full Story Complete the form to unlock this article and enjoy...
Ripple’s Xpring has made a 1 billion XRP grant in Coil, a platform dedicated to reimagining monetization on the web for creators and their fans. The funds will be use to drive adoption of XRP and the Interledger Protocol (ILP) via Coil’s monetization platform. Get...
The Internal Revenue Service has issued another warning to cryptocurrency investors with federal returns that don’t match the information received from virtual currency exchanges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Nevada is enforcing stricter regulations on cryptocurrency kiosks, and will now require them to have a state money transmission license. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Securities and Exchange Commission (SEC) has announced fraud charges against a Brooklyn individual and two of his entities who allegedly engaged in a fraudulent scheme to sell digital securities to investors and to manipulate the market for those securities. Get the Full Story Complete...
New Zealand has become the first country to legally allow wages to be paid in cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
The People’s Bank of China (PBoC) said it is now ready to launch its own blockchain-based digital currency after five years of research, CoinTelegraph reported on Sunday (Aug. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
New Jersey’s governor has signed a bill to implement a Blockchain Initiative Task Force. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Authorities in Australia have charged five individuals in connection with a digital currency investment scheme, which reportedly bilked victims out of $2.7 million, TheNextWeb reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...