(source: en.wikipedia.org)
Legislators in El Salvador are considering a bill that would regulate digital securities, a sign the Central American nation is proceeding with plans to issue bonds backed by bitcoin even as citizens turn away from the country’s crypto experiment. Get the Full Story Complete the...
The Australian Securities and Investments Commission (ASIC) has sued the FinTech company Block Earner for allegedly offering cryptocurrency investments without a license. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Months after announcing it would steer away from digital assets, United Kingdom neobank Starling Bank has increased its anti-cryptocurrency campaign. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
In a law that is said to be the first of its kind in the United States, New York has imposed a two-year moratorium on some forms of cryptocurrency mining. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
FTX founder Sam Bankman-Fried says his own lack of oversight helped lead to the demise of the company. 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...
With FTX dominating digital currency headlines and bitcoin and stablecoin prices gyrating, Daniel Escobar, chief technology officer of crypto tax service provider ZenLedger, said it’s important to look beyond the present turmoil in the digital asset space and accept what he called cryptocurrencies’ long-term destiny...
The developments around the collapse of FTX justify concerns that the crypto industry “is built to favor scammers,” U.S. Sens. Elizabeth Warren, D-Mass., and Dick Durbin, D-Ill., said in a letter sent to the current and former CEOs of the crypto exchange. Get the Full Story...
Cryptocurrency brokerage Genesis has reportedly said it may file for bankruptcy if it doesn’t raise at least $1 billion in new funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Venture capital (VC) firm Sequoia Capital has apologized to its investors for its loss in the fallen cryptocurrency exchange FTX and said it will step up its due diligence for future investments. Get the Full Story Complete the form to unlock this article and enjoy...