The Commodity Futures Trading Commission has issued a judgment against a Ponzi scheme operator, David Gilbert Saffron, and a Nevada corporation, Circle Society, a press release says, to pay together the amount of $14,841,280 to defrauded pool participants, disgorgement of $15,815,967, and a civil monetary...
Former SEC chair Jay Clayton has warned of new bitcoin regulations possibly coming soon, CoinDesk reports. 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...
Blockchain-based payments provider Ripple said it has agreed to acquire 40 percent of Tranglo, a cross-border payments specialist. This partnership will allow San Francisco-based Ripple to meet growing customer demand in Asia, the company said in a press release. Get the Full Story Complete the form...
There’s been a lot said, written and pontificated when it comes to collaboration in the financial services business: banks should collaborate with FinTechs, the Federal Reserve should collaborate with banks, and data aggregators should collaborate with everyone. Get the Full Story Complete the form to...
Some bitcoin investors are watching General Motors (GM) closely in the wake of CEO Mary Barra’s response during the company’s fourth-quarter earnings call to a question about whether the automobile giant might accept the cryptocurrency as a form of payment. Get the Full Story Complete...
The news is almost surreal these days. Cryptocurrencies have tripled in value in just one year, and NFTs of childish pixelated images are selling for practically unbelievable sums. While someone buying a simplistic image of the Dogecoin mascot for $69,000 or a pixelated image of...
Patrick Mahomes, one of the biggest NFL players, has launched his own NFT art gallery, CNBC writes. 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...
Bitcoin’s prices keep rising as the cryptocurrency has now hit a new record of $60,000, BBC reported, with a total market value of $1 trillion as of last month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
These are heady times indeed for bitcoin and its peers. Everyone from Elon Musk to Rob Gronkowski is in the game. Volatility reigns. It’s a market where $50,000 once seemed to be a mythical price level. Seems like just a minute ago that price was...
