The drumbeat for stablecoin regulation grows louder. 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 Today. By completing this form, you agree...
Sens. Kirsten Gillibrand, Patrick Toomey and Cynthia Lummis are reportedly working on legislation that would establish regulations for stablecoins and hope to get it in front of Congress before a new session begins in 2023. Get the Full Story Complete the form to unlock this article...
While FTX’s bankruptcy continues to reverberate across the entire cryptocurrency ecosystem, negatively impacting perception of the entire space, the exchange’s former CEO, Sam Bankman-Fried (SBF), spent the weekend calling contacts in search of new commitments from investors while squeezing in an interview with The New...
The fallout from the collapse of FTX has reportedly now extended to celebrities who appeared in the cryptocurrency exchange’s commercials. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Binance CEO Changpeng Zhao’s proposal to form a recovery fund for the crypto industry is reportedly drawing a positive response from firms interested in contributing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Liquidators in the Bahamas dealing with the collapse of crypto exchange FTX say they “reject the validity” of the company’s bankruptcy proceedings in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The knock-on effects of Sam Bankman-Fried’s abrupt heel-turn from evangelist darling to canary in the crypto coalmine are starting to show, as industry actors rush to distance themselves — and their business fundamentals — from the rug-pull implosion of FTX. Get the Full Story Complete...
Former FTX CEO Sam Bankman-Fried may be coming to the United States for questioning by authorities. 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...
BlockFi, a digital asset lender that received a bailout from FTX earlier this year and which has significant exposure to the exchange and its associated entities like Alameda Research and FTX.US, is planning to lay off a portion of its workforce and is indicating it...
