America’s largest cryptocurrency exchange is scheduled to face the country’s securities regulator in court. And at Coinbase’s hearing on Wednesday (Jan. 17), the company will reportedly argue that the U.S. Securities and Exchange Commission (SEC) should abandon its case, as the tokens traded on the exchange are not the same...
Circle’s CEO is confident that 2024 will be the year America adopts stablecoin legislation. While the U.S. has no federal cryptocurrency legislation, Jeremy Allaire, whose company mints the USD Coin stablecoin, said Monday (Jan. 15) he thinks there is a “very good chance” U.S. lawmakers...
Business-focused cryptocurrency payment gateway PTPShopy announced it had begun operations Monday (Jan. 15). “For software or hosting providers, PTPShopy presents a superior SaaS crypto payment solution, enabling easy integration into existing systems,” the company said in a news release. Offline retailers get a unique point-of-sale and payment link solution,...
J.P. Morgan analysts are doubtful about the promise of bitcoin exchange-traded funds (ETFs). The banking giant thinks bitcoin ETFs will draw substantial funds from other crypto products, just not new capital, CoinDesk reported Monday (Jan. 15), citing an analyst note. Last week, the U.S. Securities...
Google has removed several cryptocurrency platforms from its Indian Play store. The removal, as reported Saturday (Jan. 13) by TechCrunch, involves crypto giants including Binance and Kraken, and follows a similar move last week by Apple. The move comes amid a crackdown on digital asset companies by the Indian government. Late last...
Some former FTX customers are reportedly unhappy with the bankrupt cryptocurrency company’s repayment plans. More than 80 customers have written to the federal bankruptcy judge overseeing the case to slam a plan to tie the value of their assets to the date FTX collapsed and...
Stablecoin issuer Circle Internet Financial is relaunching its plan to go public. The company confidentially filed paperwork for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC), according to a Thursday (Jan. 11) press release. The number of shares to be...
American regulators have approved bitcoin exchange-traded funds in a victory for the cryptocurrency sector. The Wednesday (Jan. 10) announcement by the Securities and Exchange Commission (SEC) came after years of opposition to the idea of an ETF that invests in bitcoin. The approval was heralded by figures throughout the...
The FBI is reportedly looking into a hacker’s brief takeover of the Securities and Exchange Commission’s (SEC) account on the social media platform X. The SEC said the FBI is investigating the incident, which happened Tuesday (Jan. 9), according to multiple media reports posted Wednesday (Jan. 10)....
