Cryptocurrency

Cryptocurrency
CFTC’s Romero Wants New Definitions for Retail Investors
October 16, 2022

Commodity Futures Trading Commission (CFTC) commissioner Christy Goldsmith Romero said the agency needs to look at how it sets rules for retail investors, as it seems likely that it will be the one to oversee spot crypto trading, Coindesk wrote. Get the Full Story Complete...

Cryptocurrency
Fed Governor: CBDC Not Crucial to Supremacy of Dollar
October 14, 2022

The creation of a central bank digital currency (CBDC) in America is probably not that crucial to ensuring the supremacy of the U.S. dollar, Federal Reserve Governor Christopher Waller said in a speech Friday (Oct. 14). Get the Full Story Complete the form to unlock...

Cryptocurrency
Crypto, Bank Overlap a Focus of DC FinTech Week
October 14, 2022

Crypto’s recent volatility has shone a spotlight on the risks digital assets can pose for banks, according to Michael Barr, vice chair for supervision of the Federal Reserve. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
DeFi Draws Closer to Institutional Market as EU Eyes Automatic Blockchain Monitoring
October 14, 2022

In the first few years of Decentralized Finance (DeFi), platforms like Uniswap and Pancakeswap fueled the explosion of a field that has been defined by a series of spectacular gold rushes followed by a painful hangover. But as the industry evolves, businesses and governments alike...

Cryptocurrency
Today in Crypto: Coinbase Touts ML Site Security; Voyager Creditors Against Granting Firm Execs Immunity
October 13, 2022

Coinbase has touted its machine learning team’s ability to develop modeling techniques to find bad actors, keeping users’ accounts safe, a company blog said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Crypto Hackers Clean Up in October, Adding to $3B Haul 
October 13, 2022

Crypto hackers busted through the gates of 2022 mounting up record hauls of swiped assets, already closing in on last year’s tally. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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Today in Crypto: Fraudster Takes $100M in Solana Heist; Fed’s Barr Calls Crypto Deposits ‘Liquidity...
October 12, 2022

A European Central Bank (ECB) study found that retail central bank digital currencies (rCBDCs), which would be used for everyday retail transactions, will see difficulties in terms of being accepted, with more research needed to see whatever undesirable side effects may happen. Get the Full...

Cryptocurrency
Crypto Deposits Pose ‘Heightened Liquidity Risks’ for Banks: Fed’s Barr
October 12, 2022

Recent volatility in cryptocurrency markets has put a spotlight on some potential risks for banks, the Federal Reserve’s Michael S. Barr said in a speech Wednesday (Oct. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cryptocurrency
Crypto Whale Pilfers $100M From Solana DeFi Platform Mango 
October 12, 2022

A crypto fraudster took off with an estimated $100 million after manipulating the token price of Mango using two accounts funded with the stablecoin USD Coin on the decentralized finance (DeFi) platform Solana. Get the Full Story Complete the form to unlock this article and...